Jonathon B. Husby Purchases 36,707 Shares of AEye, Inc. (NASDAQ:LIDR) Stock

AEye, Inc. (NASDAQ:LIDR) Director Jonathon B. Husby bought 36,707 shares of AEye stock in a transaction dated Thursday, March 13th. The shares were acquired at an average cost of $0.54 per share, for a total transaction of $19,821.78. Following the completion of the purchase, the director now directly owns 84,258 shares of the company’s stock, valued at approximately $45,499.32. This trade represents a 77.20 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

AEye Stock Performance

NASDAQ:LIDR opened at $0.58 on Friday. The company has a quick ratio of 2.24, a current ratio of 2.26 and a debt-to-equity ratio of 0.01. The firm’s fifty day simple moving average is $0.99 and its 200 day simple moving average is $1.11. The stock has a market cap of $10.84 million, a P/E ratio of -0.12 and a beta of 2.85. AEye, Inc. has a twelve month low of $0.51 and a twelve month high of $5.15.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in LIDR. Citadel Advisors LLC bought a new stake in shares of AEye during the fourth quarter valued at approximately $92,000. Two Sigma Investments LP increased its holdings in shares of AEye by 462.0% during the fourth quarter. Two Sigma Investments LP now owns 74,736 shares of the company’s stock valued at $95,000 after acquiring an additional 61,437 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of AEye in the 4th quarter worth about $77,000. Two Sigma Securities LLC bought a new position in AEye in the 4th quarter worth about $66,000. Finally, Commonwealth Equity Services LLC purchased a new stake in AEye during the 4th quarter valued at about $43,000. Hedge funds and other institutional investors own 21.58% of the company’s stock.

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.