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

AEye, Inc. (NASDAQ:LIDR) CFO Conor B. Tierney bought 25,000 shares of the firm’s stock in a transaction on Monday, March 3rd. The shares were bought at an average price of $0.60 per share, for a total transaction of $15,000.00. Following the completion of the transaction, the chief financial officer now directly owns 172,548 shares in the company, 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 SEC, which is available through this link.

AEye Price Performance

Shares of NASDAQ LIDR opened at $0.65 on Thursday. The firm has a market capitalization of $12.13 million, a P/E ratio of -0.14 and a beta of 2.79. AEye, Inc. has a one year low of $0.51 and a one year high of $5.15. The company’s fifty day moving average is $1.14 and its two-hundred day moving average is $1.14. 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 issued its earnings results on Thursday, February 20th. The company reported ($0.91) EPS for the quarter. The company had revenue of $0.05 million for the quarter. AEye had a negative return on equity of 169.57% and a negative net margin of 17,554.46%.

Institutional Investors Weigh In On AEye

Several institutional investors have recently made changes to their positions in the stock. Millennium Management LLC purchased a new stake in shares of AEye in the 4th quarter worth about $32,000. Commonwealth Equity Services LLC purchased a new stake in shares of AEye in the 4th quarter worth about $43,000. Two Sigma Securities LLC purchased a new stake in shares of AEye in the 4th quarter worth about $66,000. Virtu Financial LLC purchased a new stake in shares of AEye in the 4th quarter worth about $77,000. Finally, Citadel Advisors LLC purchased a new stake in shares of AEye in the 4th quarter worth about $92,000. 21.58% of the stock is currently owned by hedge funds and other institutional investors.

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.