Los Angeles Capital Management LLC Purchases 29,815 Shares of Audioeye, Inc. $AEYE

Los Angeles Capital Management LLC lifted its position in shares of Audioeye, Inc. (NASDAQ:AEYEFree Report) by 101.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,133 shares of the company’s stock after purchasing an additional 29,815 shares during the quarter. Los Angeles Capital Management LLC owned about 0.47% of Audioeye worth $689,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE lifted its position in Audioeye by 3,634.2% during the first quarter. US Bancorp DE now owns 2,950 shares of the company’s stock valued at $33,000 after buying an additional 2,871 shares during the period. CWM LLC increased its stake in shares of Audioeye by 74.0% in the 1st quarter. CWM LLC now owns 4,870 shares of the company’s stock worth $54,000 after acquiring an additional 2,071 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Audioeye by 19.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the company’s stock worth $54,000 after acquiring an additional 806 shares in the last quarter. Rhumbline Advisers lifted its position in Audioeye by 14.5% during the 1st quarter. Rhumbline Advisers now owns 10,360 shares of the company’s stock valued at $115,000 after acquiring an additional 1,313 shares during the period. Finally, Trexquant Investment LP bought a new stake in Audioeye during the first quarter worth about $145,000. 51.11% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Audioeye

In related news, Director James B. Hawkins purchased 6,000 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were purchased at an average price of $11.90 per share, with a total value of $71,400.00. Following the acquisition, the director directly owned 160,850 shares in the company, valued at $1,914,115. The trade was a 3.87% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jamil A. Tahir purchased 12,359 shares of Audioeye stock in a transaction dated Friday, September 5th. The stock was bought at an average price of $12.71 per share, with a total value of $157,082.89. Following the completion of the purchase, the director directly owned 220,000 shares of the company’s stock, valued at approximately $2,796,200. This trade represents a 5.95% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 47,000 shares of company stock worth $575,793 over the last ninety days. 28.80% of the stock is currently owned by insiders.

Audioeye Price Performance

Shares of NASDAQ AEYE opened at $11.98 on Friday. Audioeye, Inc. has a twelve month low of $8.91 and a twelve month high of $28.50. The firm has a market cap of $148.78 million, a P/E ratio of -35.23 and a beta of 0.64. The company has a 50 day moving average of $13.77 and a 200 day moving average of $12.70. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.74.

Audioeye (NASDAQ:AEYEGet Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.18 by $0.01. Audioeye had a positive return on equity of 32.90% and a negative net margin of 10.88%.The business had revenue of $10.23 million for the quarter, compared to the consensus estimate of $10.26 million. Audioeye has set its Q4 2025 guidance at 0.210-0.230 EPS. FY 2025 guidance at 0.720-0.730 EPS. As a group, research analysts expect that Audioeye, Inc. will post 0.18 EPS for the current fiscal year.

Analysts Set New Price Targets

AEYE has been the subject of a number of analyst reports. B. Riley decreased their target price on shares of Audioeye from $20.00 to $19.00 and set a “buy” rating for the company in a research note on Friday, August 8th. Needham & Company LLC restated a “buy” rating on shares of Audioeye in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Audioeye in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised Audioeye from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

View Our Latest Report on AEYE

About Audioeye

(Free Report)

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.

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Institutional Ownership by Quarter for Audioeye (NASDAQ:AEYE)

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