23,938 Shares in iLearningEngines, Inc. (NASDAQ:AILE) Bought by Rhumbline Advisers

Rhumbline Advisers bought a new stake in iLearningEngines, Inc. (NASDAQ:AILE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 23,938 shares of the company’s stock, valued at approximately $217,000.

Separately, Bank of New York Mellon Corp bought a new stake in shares of iLearningEngines during the 2nd quarter worth approximately $775,000. Institutional investors and hedge funds own 32.94% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Benchmark reaffirmed a “buy” rating and issued a $18.00 price objective on shares of iLearningEngines in a report on Wednesday, September 11th.

iLearningEngines Trading Down 3.5 %

AILE stock opened at $1.64 on Friday. The company has a debt-to-equity ratio of 20.27, a current ratio of 3.40 and a quick ratio of 3.40. The company’s 50-day moving average is $3.89. iLearningEngines, Inc. has a 52-week low of $0.71 and a 52-week high of $20.00.

iLearningEngines (NASDAQ:AILE) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $135.54 million during the quarter, compared to the consensus estimate of $127.00 million. On average, equities research analysts anticipate that iLearningEngines, Inc. will post -0.08 earnings per share for the current fiscal year.

iLearningEngines Profile

iLearningEngines, Inc operates AI-powered learning automation and information intelligence for corporate and educational use. The company's AI and learning automation platform is used by enterprises to productize enterprise knowledge for consumption throughout the enterprise. Its outcome-based training has deployed in regulated and detail-oriented vertical markets, such as healthcare, education, insurance, retail, oil and gas/energy, manufacturing, and government.