Audioeye (NASDAQ:AEYE) Stock: Insider David Moradi Sells 100,845 Shares

Audioeye, Inc. (NASDAQ:AEYE) Chairman David Moradi sold 100,845 shares of the firm’s stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $13.53, for a total transaction of $1,364,432.85. Following the transaction, the chairman directly owned 1,848,762 shares in the company, valued at approximately $25,013,749.86. This represents a 5.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

David Moradi also recently made the following trade(s):

• On Tuesday, November 3rd, David Moradi sold 39,312 shares of Audioeye stock. The stock was sold at an average price of $13.45, for a total transaction of $528,746.40.
• On Monday, November 2nd, David Moradi sold 37,484 shares of Audioeye stock. The shares were sold at an average price of $13.48, for a total transaction of $505,284.32.

Audioeye Stock Performance

Shares of NASDAQ:AEYE opened at $12.89 on Thursday. The company’s 50 day moving average price is $8.01 and its two-hundred day moving average price is $7.19. Audioeye, Inc. has a 12-month low of $5.31 and a 12-month high of $14.82. The firm has a market cap of $163.57 million, a PE ratio of -53.71 and a beta of 0.77. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 3.03.

Audioeye (NASDAQ:AEYE) last announced its earnings results on Monday, October 26th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.27 by $0.03. Audioeye had a negative net margin of 7.12% and a positive return on equity of 163.66%. The company had revenue of $10.96 million for the quarter, compared to analysts’ expectations of $10.94 million. Equities research analysts predict that Audioeye, Inc. will post 0.64 earnings per share for the current year.

Trending Headlines about Audioeye

Here are the key news stories impacting Audioeye this week:

• Positive Sentiment: Third-quarter adjusted EBITDA rose 58% year over year to $3.9 million. AudioEye also announced a $15 million share-repurchase program running through October 2027, which could support per-share results and stock demand. Article: AudioEye: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Director James Hawkins bought 3,000 shares on November 4 for about $38,310, following a 4,000-share purchase on October 30. The buys add a supportive insider-confidence signal. SEC filing
• Neutral Sentiment: AudioEye’s latest reported quarter modestly topped consensus, with EPS of $0.30 versus $0.27 expected and revenue of $10.96 million versus $10.94 million. These small beats offer some support but may be less influential than the profitability and insider-trading news.
• Negative Sentiment: Chairman David Moradi sold 177,641 shares across transactions from October 30 through November 3, generating about $2.4 million. He retained roughly 1.77 million shares, but the repeated sales could raise concerns about insider sentiment and create a near-term headwind. SEC filing

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Wall Street Zen raised Audioeye from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Audioeye in a research report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Audioeye currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.62.

Institutional Investors Weigh In On Audioeye

A number of large investors have recently bought and sold shares of the company. Engineers Gate Manager LP bought a new position in Audioeye in the 2nd quarter valued at about $79,000. Compass Financial Management LLC acquired a new position in shares of Audioeye in the 2nd quarter valued at approximately $55,000. Globeflex Capital L P bought a new stake in shares of Audioeye during the 2nd quarter worth approximately $462,000. Bank of New York Mellon Corp bought a new stake in shares of Audioeye during the 2nd quarter worth approximately $206,000. Finally, Focus Financial Network Inc. lifted its holdings in shares of Audioeye by 35.7% during the 2nd quarter. Focus Financial Network Inc. now owns 122,650 shares of the company’s stock worth $713,000 after acquiring an additional 32,270 shares during the period. 51.11% of the stock is currently owned by institutional investors and hedge funds.

About Audioeye

AudioEye, Inc (NASDAQ: AEYE) provides digital accessibility technology and services designed to help organizations make websites and digital content more usable for people with disabilities. Its platform is intended to support compliance with accessibility standards and regulations, including the Web Content Accessibility Guidelines (WCAG) and requirements associated with the Americans with Disabilities Act.

The company’s offerings include automated accessibility testing, monitoring and remediation tools, an accessibility interface for website visitors, and access to accessibility experts who can assist with testing and compliance programs.