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AEye Inc (LIDR) – Don’t Believe the Hype: Check The Facts

AEye Inc (NASDAQ: LIDR) is -4.72% lower on its value in year-to-date trading and has touched a low of $0.78 and a high of $5.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LIDR stock was last observed hovering at around $1.24 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $1.21, the stock is -22.63% and -5.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.92 million and changing -2.42% at the moment leaves the stock -20.13% off its SMA200. LIDR registered -38.58% loss for a year compared to 6-month loss of -34.24%. The firm has a 50-day simple moving average (SMA 50) of $1.27082 and a 200-day simple moving average (SMA200) of $1.515125.

The stock witnessed a 5.22% gain in the last 1 month and extending the period to 3 months gives it a -1.63%, and is -59.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 32.08% over the week and 29.61% over the month.

AEye Inc (LIDR) has around 60 employees, a market worth around $17.95M and $0.23M in sales. Fwd P/E is 3.97. Profit margin for the company is -24308.44%. Distance from 52-week low is 55.13% and -76.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-350.85%).

The EPS is expected to grow by 98.09% this year

30.0 institutions hold shares in AEye Inc (LIDR), with institutional investors hold 23.74% of the company’s shares. The shares outstanding are 14.83M, and float is at 12.38M with Short Float at 9.43%. Institutions hold 21.70% of the Float.

The top institutional shareholder in the company is GENERAL MOTORS HOLDINGS LLC with over 0.47 million shares valued at $0.91 million. The investor’s holdings represent 7.3795 of the LIDR Shares outstanding.

AEye Inc (LIDR) Insider Activity

The most recent transaction is an insider sale by Dussan Luis, the company’s Director. SEC filings show that Dussan Luis sold 6,000 shares of the company’s common stock on Jan 07 ’25 at a price of $3.81 per share for a total of $22885.0. Following the sale, the insider now owns 33000.0 shares.

Still, SEC filings show that on May 29 ’24, Dussan Luis (Director) disposed off 7,440 shares at an average price of $4.18 for $31100.0. The insider now directly holds 3,493 shares of AEye Inc (LIDR).

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