Audioeye (NASDAQ:AEYE) Director Acquires $71,400.00 in Stock

Audioeye, Inc. (NASDAQ:AEYE) Director James Hawkins purchased 6,000 shares of the business’s stock in a transaction on Thursday, November 13th. The shares were purchased at an average cost of $11.90 per share, for a total transaction of $71,400.00. Following the transaction, the director directly owned 160,850 shares of the company’s stock, valued at approximately $1,914,115. The trade was a 3.87% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Audioeye Stock Performance

AEYE stock opened at $11.98 on Friday. The firm has a market cap of $148.78 million, a PE ratio of -35.23 and a beta of 0.64. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.74. The stock has a 50-day moving average price of $13.77 and a 200-day moving average price of $12.71. Audioeye, Inc. has a 1-year low of $8.91 and a 1-year high of $28.50.

Audioeye (NASDAQ:AEYE) last released its earnings results on Tuesday, November 4th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.18 by $0.01. The business had revenue of $10.23 million during the quarter, compared to analysts’ expectations of $10.26 million. Audioeye had a positive return on equity of 32.90% and a negative net margin of 10.88%. 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, equities research analysts expect that Audioeye, Inc. will post 0.18 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AEYE. Needham & Company LLC reiterated a “buy” rating on shares of Audioeye in a research note on Wednesday, November 5th. B. Riley reduced their price target on shares of Audioeye from $20.00 to $19.00 and set a “buy” rating for the company in a report on Friday, August 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Audioeye in a report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Audioeye from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

Institutional Trading of Audioeye

Large investors have recently modified their holdings of the business. Farther Finance Advisors LLC purchased a new position in shares of Audioeye during the third quarter worth about $26,000. US Bancorp DE increased its holdings in shares of Audioeye by 3,634.2% in the 1st quarter. US Bancorp DE now owns 2,950 shares of the company’s stock worth $33,000 after buying an additional 2,871 shares during the last quarter. CWM LLC raised its position in shares of Audioeye by 74.0% during the 1st quarter. CWM LLC now owns 4,870 shares of the company’s stock valued at $54,000 after buying an additional 2,071 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Audioeye by 19.7% during 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 during the last quarter. Finally, AlphaQuest LLC purchased a new position in Audioeye in the third quarter worth $80,000. Institutional investors own 51.11% of the company’s stock.

About Audioeye

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.