12,380 Shares in AudioEye, Inc. (NASDAQ:AEYE) Acquired by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC purchased a new stake in AudioEye, Inc. (NASDAQ:AEYE) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 12,380 shares of the company’s stock, valued at approximately $188,000.

Several other institutional investors also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its position in shares of AudioEye by 7.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 22,361 shares of the company’s stock worth $511,000 after buying an additional 1,477 shares during the period. MetLife Investment Management LLC acquired a new stake in AudioEye during the third quarter worth about $54,000. R Squared Ltd acquired a new stake in AudioEye in the 4th quarter valued at $36,000. Barclays PLC raised its position in AudioEye by 37.7% in the third quarter. Barclays PLC now owns 10,181 shares of the company’s stock valued at $233,000 after purchasing an additional 2,788 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in shares of AudioEye by 345.4% during the third quarter. BNP Paribas Financial Markets now owns 11,202 shares of the company’s stock worth $256,000 after purchasing an additional 8,687 shares in the last quarter. 51.11% of the stock is owned by hedge funds and other institutional investors.

AudioEye Price Performance

AEYE opened at $9.97 on Friday. The company has a market capitalization of $123.76 million, a P/E ratio of -36.93, a PEG ratio of 2.03 and a beta of 1.39. The company has a 50-day moving average of $14.49 and a 200-day moving average of $19.11. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.84 and a current ratio of 0.84. AudioEye, Inc. has a 1-year low of $8.44 and a 1-year high of $34.85.

Analyst Ratings Changes

Several equities research analysts recently commented on AEYE shares. HC Wainwright dropped their target price on AudioEye from $37.00 to $22.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of AudioEye in a research note on Wednesday. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $26.10.

Insider Buying and Selling

In other news, Director James B. Hawkins bought 13,300 shares of AudioEye stock in a transaction on Wednesday, March 19th. The shares were bought at an average price of $15.39 per share, with a total value of $204,687.00. Following the acquisition, the director now directly owns 114,382 shares in the company, valued at approximately $1,760,338.98. This represents a 13.16 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 40.70% of the company’s stock.

AudioEye Company Profile

AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.