Conor B. Tierney Purchases 25,000 Shares of AEye, Inc. (NASDAQ:LIDR) Stock

AEye, Inc. (NASDAQ:LIDR) CFO Conor B. Tierney acquired 25,000 shares of the stock in a transaction dated Monday, March 3rd. The shares were bought at an average cost of $0.60 per share, with a total value of $15,000.00. Following the completion of the transaction, the chief financial officer now owns 172,548 shares of the company’s stock, valued at approximately $103,528.80. This represents a 16.94 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

AEye Stock Up 0.6 %

NASDAQ:LIDR traded up $0.00 during mid-day trading on Tuesday, hitting $0.58. The stock had a trading volume of 495,913 shares, compared to its average volume of 3,641,942. AEye, Inc. has a twelve month low of $0.51 and a twelve month high of $5.15. The stock has a 50-day simple moving average of $1.16 and a two-hundred day simple moving average of $1.15. The company has a current ratio of 2.26, a quick ratio of 2.24 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $10.83 million, a PE ratio of -0.12 and a beta of 2.79.

AEye (NASDAQ:LIDR) last announced its quarterly earnings data on Thursday, February 20th. The company reported ($0.91) earnings per share for the quarter. The firm had revenue of $0.05 million during the quarter. AEye had a negative net margin of 17,554.46% and a negative return on equity of 169.57%.

Institutional Trading of AEye

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Two Sigma Investments LP boosted its position in shares of AEye by 462.0% during the 4th quarter. Two Sigma Investments LP now owns 74,736 shares of the company’s stock worth $95,000 after acquiring an additional 61,437 shares in the last quarter. Millennium Management LLC purchased a new stake in AEye during the fourth quarter worth approximately $32,000. Citadel Advisors LLC acquired a new position in AEye in the fourth quarter valued at approximately $92,000. Two Sigma Securities LLC purchased a new position in AEye in the fourth quarter valued at approximately $66,000. Finally, Geode Capital Management LLC raised its holdings in AEye by 19.7% during the fourth quarter. Geode Capital Management LLC now owns 77,585 shares of the company’s stock worth $99,000 after purchasing an additional 12,779 shares in the last quarter. 21.58% of the stock is currently owned by institutional investors and hedge funds.

About AEye

AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.