2 weeks Ago By ABMN Staff
AudioEye ( NASDAQ:AEYE – Free Report ) had its price target boosted by HC Wainwright from $28.00 to $37.00 in a research note issued to investors on Monday, Benzinga reports.
The brokerage currently has a buy rating on the stock. A number of other research firms have also recently issued reports on AEYE. Roth Mkm reaffirmed a “buy” rating and issued a $35.
00 price target (up previously from $25.00) on shares of AudioEye in a report on Friday, November 8th. Craig Hallum raised their price target on shares of AudioEye from $20.
00 to $30.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company.
According to MarketBeat, AudioEye currently has a consensus rating of “Buy” and an average target price of $30.13. Get Our Latest Research Report on AEYE AudioEye Trading Down 1.
0 % Insider Buying and Selling In related news, CEO David Moradi sold 14,061 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $26.14, for a total transaction of $367,554.
54. Following the completion of the transaction, the chief executive officer now owns 2,764,290 shares of the company’s stock, valued at $72,258,540.60.
This trade represents a 0.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink .
Also, CFO Kelly Georgevich sold 10,000 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $29.00, for a total transaction of $290,000.
00. Following the transaction, the chief financial officer now directly owns 88,981 shares of the company’s stock, valued at approximately $2,580,449. This trade represents a 10.
10 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 92,859 shares of company stock valued at $2,684,480 over the last 90 days.
Insiders own 40.70% of the company’s stock. Institutional Trading of AudioEye Several hedge funds and other institutional investors have recently added to or reduced their stakes in AEYE.
Vanguard Group Inc. grew its position in AudioEye by 2.3% during the first quarter.
Vanguard Group Inc. now owns 309,190 shares of the company’s stock valued at $3,095,000 after buying an additional 6,929 shares during the period. Acadian Asset Management LLC acquired a new stake in AudioEye during the first quarter valued at $116,000.
Hillsdale Investment Management Inc. acquired a new stake in AudioEye during the first quarter valued at $137,000. B.
Riley Wealth Advisors Inc. grew its position in AudioEye by 4.0% during the first quarter.
B. Riley Wealth Advisors Inc. now owns 12,975 shares of the company’s stock valued at $130,000 after buying an additional 500 shares during the period.
Finally, Bank of New York Mellon Corp acquired a new stake in shares of AudioEye in the second quarter valued at about $348,000. Institutional investors and hedge funds own 51.11% of the company’s stock.
About AudioEye ( Get Free Report ) AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device. See Also Receive News & Ratings for AudioEye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AudioEye and related companies with MarketBeat.
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