Luis Dussan Sells 6,000 Shares of AEye, Inc. (NASDAQ:LIDR) Stock

AEye, Inc. (NASDAQ:LIDR) Director Luis Dussan sold 6,000 shares of the company’s stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $3.81, for a total value of $22,860.00. Following the transaction, the director now directly owns 33,000 shares in the company, valued at approximately $125,730. The trade was a 15.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link.

AEye Stock Up 28.3 %

AEye stock opened at $2.99 on Wednesday. The business has a fifty day moving average price of $1.23 and a 200-day moving average price of $1.31. AEye, Inc. has a 1-year low of $0.78 and a 1-year high of $5.15. The stock has a market capitalization of $27.31 million, a price-to-earnings ratio of -0.36 and a beta of 2.84. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.26 and a quick ratio of 2.24.

AEye (NASDAQ:LIDR) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.70) earnings per share for the quarter, topping the consensus estimate of ($0.89) by $0.19. AEye had a negative return on equity of 158.98% and a negative net margin of 24,308.44%. The business had revenue of $0.10 million during the quarter.

AEye Company Profile

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.