Barclays PLC Purchases 31,872 Shares of iLearningEngines, Inc. (NASDAQ:AILE)

Barclays PLC raised its holdings in shares of iLearningEngines, Inc. (NASDAQ:AILE) by 320.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,808 shares of the company’s stock after acquiring an additional 31,872 shares during the period. Barclays PLC’s holdings in iLearningEngines were worth $70,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AILE. SG Americas Securities LLC purchased a new stake in shares of iLearningEngines in the 3rd quarter valued at $29,000. Claro Advisors LLC lifted its stake in iLearningEngines by 75.6% in the third quarter. Claro Advisors LLC now owns 20,746 shares of the company’s stock worth $35,000 after purchasing an additional 8,929 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in iLearningEngines during the third quarter valued at about $58,000. XTX Topco Ltd bought a new position in shares of iLearningEngines during the third quarter valued at about $85,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of iLearningEngines in the second quarter worth about $102,000. 32.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Benchmark restated a “buy” rating and set a $18.00 target price on shares of iLearningEngines in a report on Tuesday, November 19th.

iLearningEngines Price Performance

Shares of NASDAQ AILE opened at $0.42 on Friday. The firm’s fifty day moving average is $1.07 and its 200 day moving average is $3.27. iLearningEngines, Inc. has a 52 week low of $0.15 and a 52 week 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.

About iLearningEngines

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.