Luis Dussan Sells 55,043 Shares of AEye, Inc. (NASDAQ:LIDR) Stock

AEye, Inc. (NASDAQ:LIDR) Director Luis Dussan sold 55,043 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of $2.61, for a total transaction of $143,662.23. Following the sale, the director now directly owns 489,789 shares in the company, valued at approximately $1,278,349.29. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Luis Dussan also recently made the following trade(s):

• On Monday, May 20th, Luis Dussan sold 105,076 shares of AEye stock. The stock was sold at an average price of $2.41, for a total transaction of $253,233.16.

AEye Stock Performance

AEye stock opened at $3.25 on Thursday. The company’s fifty day moving average price is $1.51 and its 200 day moving average price is $2.21. AEye, Inc. has a 1 year low of $0.92 and a 1 year high of $24.00. The stock has a market capitalization of $21.13 million, a P/E ratio of -0.28 and a beta of 2.17.

AEye (NASDAQ:LIDR) last announced its earnings results on Wednesday, May 15th. The company reported ($1.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.40) by $0.27. AEye had a negative net margin of 8,382.08% and a negative return on equity of 117.42%. The company had revenue of $0.02 million for the quarter.

Institutional Investors Weigh In On AEye

An institutional investor recently bought a new position in AEye stock. Mirador Capital Partners LP bought a new position in shares of AEye, Inc. (NASDAQ:LIDR) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 88,648 shares of the company’s stock, valued at approximately $111,000. Mirador Capital Partners LP owned about 1.36% of AEye as of its most recent SEC filing. Institutional investors own 21.58% of the company’s stock.

AEye Company Profile

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.