Audioeye (NASDAQ:AEYE) Director James Hawkins Acquires 3,000 Shares of Stock

Audioeye, Inc. (NASDAQ:AEYE) Director James Hawkins acquired 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The shares were bought at an average price of $12.77 per share, with a total value of $38,310.00. Following the completion of the transaction, the director directly owned 228,684 shares in the company, valued at approximately $2,920,294.68. The trade was a 1.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Audioeye Trading Down 5.2%

Shares of AEYE stock opened at $12.89 on Thursday. The firm has a 50-day moving average price of $8.01 and a 200 day moving average price of $7.19. Audioeye, Inc. has a twelve month low of $5.31 and a twelve month high of $14.82. 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 current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 3.03.

Audioeye (NASDAQ:AEYE) last posted its quarterly earnings data on Monday, October 26th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. Audioeye had a positive return on equity of 163.66% and a negative net margin of 7.12%. The business had revenue of $10.96 million for the quarter, compared to analysts’ expectations of $10.94 million. Research analysts forecast that Audioeye, Inc. will post 0.64 earnings per share for the current fiscal year.

Analyst Ratings Changes

AEYE has been the topic of a number of research analyst reports. Wall Street Zen upgraded Audioeye from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 22nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Audioeye in a research report on Friday, August 7th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus 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

Institutional Trading of Audioeye

A number of hedge funds have recently made changes to their positions in the stock. Engineers Gate Manager LP bought a new stake in shares of Audioeye in the second quarter worth $79,000. Compass Financial Management LLC bought a new position in Audioeye during the 2nd quarter valued at $55,000. Globeflex Capital L P bought a new position in Audioeye during the 2nd quarter valued at $462,000. Bank of New York Mellon Corp bought a new position in Audioeye during the 2nd quarter valued at $206,000. Finally, Focus Financial Network Inc. grew its holdings in Audioeye by 35.7% during the 2nd quarter. Focus Financial Network Inc. now owns 122,650 shares of the company’s stock worth $713,000 after acquiring an additional 32,270 shares in the last quarter. Institutional investors and hedge funds own 51.11% of the company’s stock.

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.