Skylands Capital LLC grew its position in Audioeye, Inc. (NASDAQ:AEYE – Free Report) by 67.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 222,850 shares of the company’s stock after purchasing an additional 89,600 shares during the period. Skylands Capital LLC owned about 1.78% of Audioeye worth $1,420,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in AEYE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Audioeye by 19.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the company’s stock valued at $54,000 after buying an additional 806 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Audioeye by 64.6% in the 4th quarter. Wells Fargo & Company MN now owns 9,762 shares of the company’s stock valued at $98,000 after buying an additional 3,832 shares in the last quarter. Quadrature Capital Ltd acquired a new position in Audioeye in the fourth quarter worth approximately $105,000. Renaissance Technologies LLC acquired a new position in Audioeye in the fourth quarter worth approximately $107,000. Finally, Rhumbline Advisers raised its position in Audioeye by 14.5% during the first quarter. Rhumbline Advisers now owns 10,360 shares of the company’s stock valued at $115,000 after acquiring an additional 1,313 shares in the last quarter. 51.11% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
AEYE has been the subject of a number of analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Audioeye in a research note on Tuesday, May 12th. Needham & Company LLC dropped their price target on shares of Audioeye from $25.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. B. Riley Financial upgraded shares of Audioeye to a “hold” rating in a report on Thursday, April 2nd. Craig Hallum reaffirmed a “buy” rating and issued a $16.00 price objective (down from $20.00) on shares of Audioeye in a research note on Friday, March 6th. Finally, HC Wainwright decreased their price objective on shares of Audioeye from $18.00 to $12.00 and set a “buy” rating for the company in a report on Monday, March 9th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Audioeye has a consensus rating of “Moderate Buy” and an average target price of $14.62.
Audioeye Stock Performance
Shares of AEYE opened at $5.59 on Friday. The company has a market capitalization of $69.82 million, a PE ratio of -19.28 and a beta of 0.77. Audioeye, Inc. has a one year low of $5.31 and a one year high of $16.39. The company has a debt-to-equity ratio of 4.96, a current ratio of 1.03 and a quick ratio of 1.03. The company’s fifty day moving average price is $7.07 and its 200 day moving average price is $7.84.
Audioeye (NASDAQ:AEYE – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). Audioeye had a positive return on equity of 71.24% and a negative net margin of 9.05%.The firm had revenue of $10.55 million for the quarter, compared to analyst estimates of $10.56 million. Audioeye has set its FY 2026 guidance at 0.960- EPS and its Q2 2026 guidance at 0.210-0.220 EPS. As a group, analysts expect that Audioeye, Inc. will post 0.47 earnings per share for the current year.
Audioeye Company Profile
AudioEye, Inc is a provider of digital accessibility solutions, offering software and services designed to help organizations ensure their online properties comply with Web Content Accessibility Guidelines (WCAG), the Americans with Disabilities Act (ADA) and other global accessibility standards. Through its cloud-based platform, the company automates the detection and remediation of accessibility barriers in websites, mobile applications and multimedia content.
The company’s flagship AEYE Platform leverages machine learning, artificial intelligence and human validation to continuously scan digital assets, identify potential compliance issues and deploy corrective overlays or code adjustments.
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