HC Wainwright reissued their buy rating on shares of AudioEye (NASDAQ:AEYE – Free Report) in a research report released on Friday morning, Benzinga reports. They currently have a $23.00 target price on the stock.
Several other research firms have also commented on AEYE. Craig Hallum upped their price target on shares of AudioEye from $10.00 to $20.00 and gave the company a buy rating in a report on Wednesday, April 10th. Roth Mkm assumed coverage on shares of AudioEye in a report on Friday, June 21st. They issued a buy rating and a $25.00 price target on the stock. Roth Capital raised shares of AudioEye to a strong-buy rating in a report on Friday, June 21st. Finally, B. Riley upped their price target on shares of AudioEye from $14.00 to $18.50 and gave the company a buy rating in a report on Wednesday, April 24th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, AudioEye presently has a consensus rating of Buy and an average target price of $24.13.
Get Our Latest Analysis on AEYE
AudioEye Price Performance
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of AEYE. Bank of New York Mellon Corp purchased a new stake in AudioEye during the 2nd quarter valued at about $348,000. B. Riley Wealth Advisors Inc. grew its stake in AudioEye by 4.0% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 12,975 shares of the company’s stock valued at $130,000 after acquiring an additional 500 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new stake in AudioEye during the 1st quarter valued at about $137,000. Acadian Asset Management LLC purchased a new stake in AudioEye during the 1st quarter valued at about $116,000. Finally, Vanguard Group Inc. grew its stake in AudioEye by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 309,190 shares of the company’s stock valued at $3,095,000 after acquiring an additional 6,929 shares in the last quarter. Institutional investors and hedge funds own 51.11% of the company’s stock.
AudioEye Company Profile
AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.
See Also
- Five stocks we like better than AudioEye
- 5 discounted opportunities for dividend growth investors
- Survey: Top 175 Fittest Retirement Locations in America
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- Upcoming IPO Stock Lockup Period, Explained
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for AudioEye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AudioEye and related companies with MarketBeat.com's FREE daily email newsletter.