17,324 Shares in iLearningEngines, Inc. (NASDAQ:AILE) Acquired by SG Americas Securities LLC

SG Americas Securities LLC purchased a new stake in iLearningEngines, Inc. (NASDAQ:AILE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 17,324 shares of the company’s stock, valued at approximately $29,000.

Several other institutional investors have also modified their holdings of the business. The Manufacturers Life Insurance Company purchased a new position in iLearningEngines in the second quarter valued at $102,000. Claro Advisors LLC acquired a new stake in iLearningEngines in the 2nd quarter valued at about $107,000. Squarepoint Ops LLC purchased a new position in shares of iLearningEngines in the 2nd quarter valued at about $123,000. Rhumbline Advisers purchased a new stake in shares of iLearningEngines during the second quarter worth approximately $217,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of iLearningEngines during the second quarter worth approximately $775,000. Institutional investors and hedge funds own 32.94% of the company’s stock.

iLearningEngines Stock Down 1.3 %

Shares of NASDAQ AILE opened at $1.56 on Wednesday. The business’s 50-day simple moving average is $1.73. iLearningEngines, Inc. has a 1 year low of $0.71 and a 1 year high of $20.00. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 20.27.

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

Analyst Ratings Changes

Separately, Benchmark reiterated a “buy” rating and set a $18.00 price target on shares of iLearningEngines in a report on Wednesday, September 11th.

iLearningEngines Profile

iLearningEngines, Inc operates an artificial intelligence (AI) platform for learning automation. The company’s AI learning and engagement platform offers a cloud-based, mobile, offline, and multimedia capabilities that is used to deliver personalized learning and engagement modules. Its platform includes Learning Experience Platform, that addresses the corporate learning market; and Information Intelligence Platform which addresses the information management, analytics, and automation markets.