Audioeye (NASDAQ:AEYE) Stock: Insider David Moradi Sells 39,312 Shares

Audioeye, Inc. (NASDAQ:AEYE) Chairman David Moradi sold 39,312 shares of the stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $13.45, for a total transaction of $528,746.40. Following the completion of the transaction, the chairman directly owned 1,771,966 shares in the company, valued at $23,832,942.70. The trade was a 2.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

David Moradi also recently made the following trade(s):

• On Monday, November 2nd, David Moradi sold 37,484 shares of Audioeye stock. The stock was sold at an average price of $13.48, for a total transaction of $505,284.32.
• On Friday, October 30th, David Moradi sold 100,845 shares of Audioeye stock. The stock was sold at an average price of $13.53, for a total transaction of $1,364,432.85.

Audioeye Stock Performance

Shares of AEYE stock opened at $12.89 on Thursday. The company has a market capitalization of $163.57 million, a price-to-earnings ratio of -53.71 and a beta of 0.77. The company has a debt-to-equity ratio of 3.03, a quick ratio of 1.23 and a current ratio of 1.23. The company has a 50-day simple moving average of $8.01 and a 200 day simple moving average of $7.19. Audioeye, Inc. has a 52 week low of $5.31 and a 52 week high of $14.82.

Audioeye (NASDAQ:AEYE) last announced its quarterly earnings results on Monday, October 26th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. The business had revenue of $10.96 million for the quarter, compared to analyst estimates of $10.94 million. Audioeye had a negative net margin of 7.12% and a positive return on equity of 163.66%. On average, sell-side analysts predict that Audioeye, Inc. will post 0.64 earnings per share for the current year.

Institutional Investors Weigh In On Audioeye

Institutional investors have recently modified their holdings of the business. Sei Investments Co. increased its position in Audioeye by 481.3% during the first quarter. Sei Investments Co. now owns 153,537 shares of the company’s stock worth $978,000 after acquiring an additional 127,126 shares during the period. Renaissance Technologies LLC raised its stake in Audioeye by 1,071.0% in the 1st quarter. Renaissance Technologies LLC now owns 125,300 shares of the company’s stock worth $798,000 after purchasing an additional 114,600 shares in the last quarter. Globeflex Capital L P acquired a new stake in Audioeye in the 2nd quarter worth about $462,000. Engineers Gate Manager LP bought a new stake in Audioeye in the 2nd quarter valued at about $79,000. Finally, Compass Financial Management LLC bought a new stake in Audioeye in the 2nd quarter valued at about $55,000. Institutional investors own 51.11% of the company’s stock.

Wall Street Analyst Weigh In

AEYE has been the topic of several research reports. Wall Street Zen raised Audioeye from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 22nd. Weiss Ratings reissued a “sell (e+)” rating on shares of Audioeye in a report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Audioeye currently has a consensus rating of “Moderate Buy” and an average price target of $14.62.

Key Stories Impacting Audioeye

Here are the key news stories impacting Audioeye this week:

• Positive Sentiment: Third-quarter adjusted EBITDA rose 58% year over year to $3.9 million. AudioEye also announced a $15 million share-repurchase program running through October 2027, which could support per-share results and stock demand. Article: AudioEye: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Director James Hawkins bought 3,000 shares on November 4 for about $38,310, following a 4,000-share purchase on October 30. The buys add a supportive insider-confidence signal. SEC filing
• Neutral Sentiment: AudioEye’s latest reported quarter modestly topped consensus, with EPS of $0.30 versus $0.27 expected and revenue of $10.96 million versus $10.94 million. These small beats offer some support but may be less influential than the profitability and insider-trading news.
• Negative Sentiment: Chairman David Moradi sold 177,641 shares across transactions from October 30 through November 3, generating about $2.4 million. He retained roughly 1.77 million shares, but the repeated sales could raise concerns about insider sentiment and create a near-term headwind. SEC filing

About Audioeye

AudioEye, Inc (NASDAQ: AEYE) provides digital accessibility technology and services designed to help organizations make websites and digital content more usable for people with disabilities. Its platform is intended to support compliance with accessibility standards and regulations, including the Web Content Accessibility Guidelines (WCAG) and requirements associated with the Americans with Disabilities Act.

The company’s offerings include automated accessibility testing, monitoring and remediation tools, an accessibility interface for website visitors, and access to accessibility experts who can assist with testing and compliance programs.