AEye, Inc. (NASDAQ:LIDR) Director Luis Dussan Sells 6,000 Shares of Stock

AEye, Inc. (NASDAQ:LIDR) Director Luis Dussan sold 6,000 shares of the business’s stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $3.81, for a total transaction of $22,860.00. Following the completion of the sale, the director now owns 33,000 shares of the company’s stock, valued at approximately $125,730. This represents a 15.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

AEye Stock Performance

Shares of LIDR stock opened at $2.99 on Wednesday. The firm has a market cap of $27.31 million, a price-to-earnings ratio of -0.36 and a beta of 2.84. AEye, Inc. has a 52-week low of $0.78 and a 52-week high of $5.15. 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 company’s 50 day moving average is $1.23 and its 200 day moving average is $1.31.

AEye (NASDAQ:LIDR) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.70) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.89) by $0.19. The business had revenue of $0.10 million for the quarter. AEye had a negative return on equity of 158.98% and a negative net margin of 24,308.44%.

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.