AEye, Inc. (NASDAQ:LIDR – Get Free Report)’s share price rose 2.7% during mid-day trading on Friday . The company traded as high as $1.15 and last traded at $1.13. Approximately 63,152 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 1,667,820 shares. The stock had previously closed at $1.10.
Analyst Ratings Changes
Separately, Westpark Capital reissued a “hold” rating on shares of AEye in a report on Monday, August 5th.
Get Our Latest Stock Report on LIDR
AEye Stock Performance
AEye (NASDAQ:LIDR – Get Free Report) last posted its quarterly earnings data on Monday, August 5th. The company reported ($1.16) earnings per share for the quarter. The company had revenue of $0.03 million during the quarter. AEye had a negative return on equity of 134.40% and a negative net margin of 20,400.00%.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in AEye stock. Mirador Capital Partners LP purchased a new stake in shares of AEye, Inc. (NASDAQ:LIDR – Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 88,648 shares of the company’s stock, valued at approximately $111,000. Mirador Capital Partners LP owned about 1.36% of AEye at the end of the most recent reporting period. Hedge funds and other institutional investors own 21.58% of the company’s stock.
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.
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