Audioeye (NASDAQ:AEYE) Director Buys $52,600.00 in Stock

Audioeye, Inc. (NASDAQ:AEYE) Director James Hawkins purchased 4,000 shares of the stock in a transaction dated Friday, October 30th. The shares were acquired at an average price of $13.15 per share, for a total transaction of $52,600.00. Following the acquisition, the director directly owned 225,684 shares of the company’s stock, valued at $2,967,744.60. This represents a 1.80% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Audioeye Stock Down 5.2%

Shares of Audioeye stock opened at $12.89 on Thursday. Audioeye, Inc. has a 1 year low of $5.31 and a 1 year high of $14.82. The company has a market cap of $163.57 million, a P/E ratio of -53.71 and a beta of 0.77. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 3.03. The stock has a 50-day moving average price of $8.01 and a 200 day moving average price of $7.19.

Audioeye (NASDAQ:AEYE) last posted its quarterly earnings results on Monday, October 26th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. Audioeye had a positive return on equity of 163.66% and a negative net margin of 7.12%. The company had revenue of $10.96 million during the quarter, compared to the consensus estimate of $10.94 million. As a group, analysts expect that Audioeye, Inc. will post 0.64 EPS for the current fiscal year.

Key Headlines Impacting Audioeye

Here are the key news stories impacting Audioeye this week:

• Positive Sentiment: Third-quarter adjusted EBITDA rose 58% year over year to $3.9 million. AudioEye also announced a $15 million share-repurchase program running through October 2027, which could support per-share results and stock demand. Article: AudioEye: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Director James Hawkins bought 3,000 shares on November 4 for about $38,310, following a 4,000-share purchase on October 30. The buys add a supportive insider-confidence signal. SEC filing
• Neutral Sentiment: AudioEye’s latest reported quarter modestly topped consensus, with EPS of $0.30 versus $0.27 expected and revenue of $10.96 million versus $10.94 million. These small beats offer some support but may be less influential than the profitability and insider-trading news.
• Negative Sentiment: Chairman David Moradi sold 177,641 shares across transactions from October 30 through November 3, generating about $2.4 million. He retained roughly 1.77 million shares, but the repeated sales could raise concerns about insider sentiment and create a near-term headwind. SEC filing

Institutional Investors Weigh In On Audioeye

Hedge funds and other institutional investors have recently bought and sold shares of the business. Compass Financial Management LLC acquired a new position in Audioeye in the second quarter worth $55,000. Abel Hall LLC acquired a new stake in shares of Audioeye in the first quarter valued at $75,000. Engineers Gate Manager LP acquired a new stake in shares of Audioeye in the second quarter valued at $79,000. Bank of New York Mellon Corp acquired a new stake in shares of Audioeye in the second quarter valued at $206,000. Finally, Globeflex Capital L P bought a new position in shares of Audioeye in the second quarter valued at about $462,000. 51.11% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on AEYE shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Audioeye in a report on Friday, August 7th. Wall Street Zen raised shares of Audioeye from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 22nd. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $14.62.

About Audioeye

AudioEye, Inc (NASDAQ: AEYE) provides digital accessibility technology and services designed to help organizations make websites and digital content more usable for people with disabilities. Its platform is intended to support compliance with accessibility standards and regulations, including the Web Content Accessibility Guidelines (WCAG) and requirements associated with the Americans with Disabilities Act.

The company’s offerings include automated accessibility testing, monitoring and remediation tools, an accessibility interface for website visitors, and access to accessibility experts who can assist with testing and compliance programs.