AudioEye Inc (NASDAQ:AEYE)’s traded shares stood at 0.33 million during the last session, with the company’s beta value hitting 1.38. At the close of trading, the stock’s price was $11.39, to imply a decrease of -0.87% or -$0.1 in intraday trading. The AEYE share’s 52-week high remains $34.85, putting it -205.97% down since that peak but still an impressive 25.9% since price per share fell to its 52-week low of $8.44. The company has a valuation of $141.38M, with an average of 0.26 million shares in intraday trading volume over the past 10 days and average of 189.75K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for AudioEye Inc (AEYE), translating to a mean rating of 1.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give AEYE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.15.
AudioEye Inc (NASDAQ:AEYE) trade information
After registering a -0.87% downside in the last session, AudioEye Inc (AEYE) has traded red over the past five days. The 5-day price performance for the stock is 0.44%, and -28.90% over 30 days. With these gigs, the year-to-date price performance is -25.12%. Short interest in AudioEye Inc (NASDAQ:AEYE) saw shorts transact 0.62 million shares and set a 4.23 days time to cover.
The extremes give us $25 and $37 for target low and target high price respectively. As such, AEYE has been trading -224.85% off suggested target high and -119.49% from its likely low.
AudioEye Inc (AEYE) estimates and forecasts
The rating firms project that company’s revenue will grow 17.93% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 9.71M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 10.03M.Earnings reports from the last fiscal year show that sales brought in 8.08M and 8.47M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 20.15% before jumping 18.41% in the following quarter.
AEYE Dividends
AudioEye Inc has its next earnings report out on 2025-Mar-11. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
AudioEye Inc (NASDAQ:AEYE)’s Major holders
AudioEye Inc insiders hold 35.67% of total outstanding shares, with institutional holders owning 39.90% of the shares at 62.02% float percentage. In total, 39.90% institutions holds shares in the company, led by SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC. As of 2024-06-30, the company held over 0.41 million shares (or 3.5355% of shares), all amounting to roughly $7.29 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 0.39 million shares, or about 3.3087% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $6.82 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the AudioEye Inc (AEYE) shares. Going by data provided on Dec 31, 2024 , Vanguard Total Stock Market Index Fund holds roughly 248.82 shares. This is just over 3.32% of the total shares, with a market valuation of $2.83 million. Data from the same date shows that the other fund manager holds a little less at 191.15, or 2.55% of the shares, all valued at about 2.18 million.
