Mirador Capital Partners LP Makes New Investment in AEye, Inc. (NASDAQ:LIDR)

Mirador Capital Partners LP bought a new stake in shares of AEye, Inc. (NASDAQ:LIDR) during the first quarter, Holdings Channel.com reports. The fund bought 88,648 shares of the company’s stock, valued at approximately $111,000.

Insider Activity

In related news, Director Luis Dussan sold 105,076 shares of the stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $2.41, for a total value of $253,233.16. Following the completion of the transaction, the director now directly owns 384,713 shares in the company, valued at approximately $927,158.33. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders have sold 164,880 shares of company stock worth $507,871. Corporate insiders own 11.93% of the company’s stock.

AEye Price Performance

LIDR stock opened at $1.96 on Tuesday. The firm has a 50-day moving average of $2.29 and a 200 day moving average of $1.79. The company has a market cap of $12.99 million, a P/E ratio of -0.17 and a beta of 2.99. AEye, Inc. has a 1 year low of $0.92 and a 1 year high of $24.00.

AEye (NASDAQ:LIDR) last released its earnings results on Wednesday, May 15th. The company reported ($1.13) EPS for the quarter, beating analysts’ consensus estimates of ($1.40) by $0.27. The company 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%.

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.