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

AEye, Inc. (NASDAQ:LIDR) CFO Conor B. Tierney purchased 25,000 shares of the stock in a transaction on Monday, March 3rd. The stock was acquired at an average cost of $0.60 per share, for a total transaction of $15,000.00. Following the acquisition, the chief financial officer now directly owns 172,548 shares in the company, valued at approximately $103,528.80. This trade represents a 16.94 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

AEye Price Performance

Shares of AEye stock opened at $0.58 on Wednesday. The firm has a market cap of $10.83 million, a P/E ratio of -0.12 and a beta of 2.79. The firm’s 50-day simple moving average is $1.15 and its 200-day simple moving average is $1.15. AEye, Inc. has a twelve month low of $0.51 and a twelve month high of $5.15. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.24 and a current ratio of 2.26.

AEye (NASDAQ:LIDR) last released its quarterly earnings data 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 Trading of AEye

Institutional investors have recently bought and sold shares of the stock. Millennium Management LLC acquired a new position in AEye during the fourth quarter worth $32,000. Commonwealth Equity Services LLC bought a new stake in shares of AEye in the 4th quarter worth about $43,000. Two Sigma Securities LLC acquired a new stake in shares of AEye during the 4th quarter worth about $66,000. Virtu Financial LLC bought a new position in AEye during the 4th quarter valued at about $77,000. Finally, Citadel Advisors LLC acquired a new position in AEye in the fourth quarter valued at about $92,000. Institutional investors and hedge funds 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.