AEye, Inc. (NASDAQ:LIDR) Director Sells $253,233.16 in Stock

AEye, Inc. (NASDAQ:LIDR) Director Luis Dussan sold 105,076 shares of the company’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $2.41, for a total value of $253,233.16. Following the transaction, the director now owns 384,713 shares of the company’s stock, valued at $927,158.33. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Friday, May 17th, Luis Dussan sold 55,043 shares of AEye stock. The stock was sold at an average price of $2.61, for a total value of $143,662.23.

AEye Price Performance

Shares of LIDR opened at $2.79 on Friday. The company has a market cap of $18.14 million, a P/E ratio of -0.24 and a beta of 2.17. The stock has a fifty day moving average price of $1.54 and a 200 day moving average price of $2.21. AEye, Inc. has a 12 month low of $0.92 and a 12 month high of $24.00.

AEye (NASDAQ:LIDR) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($1.13) EPS for the quarter, topping analysts’ consensus estimates of ($1.40) by $0.27. The firm had revenue of $0.02 million during the quarter. AEye had a negative return on equity of 117.42% and a negative net margin of 8,382.08%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AEye stock. Mirador Capital Partners LP purchased a new position in shares of AEye, Inc. (NASDAQ:LIDR) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 88,648 shares of the company’s stock, valued at approximately $111,000. Mirador Capital Partners LP owned 1.36% of AEye as of its most recent filing with the Securities and Exchange Commission. 21.58% of the stock is 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.