AEye Inc’s recent filing unveils that its Director Dussan Luis unloaded Company’s shares for reported $22885.0 on Jan 07 ’25. In the deal valued at $3.81 per share,6,000 shares were sold. As a result of this transaction, Dussan Luis now holds 33,000 shares worth roughly $40920.0.
Then, Dussan Luis bought 6,000 shares, generating $13,980 in total proceeds.
Before that, Dussan Luis sold 7,440 shares. AEye Inc shares valued at $31,100 were divested by the Director at a price of $4.18 per share. As a result of the transaction, Dussan Luis now holds 3,493 shares, worth roughly $4331.32.
DA Davidson initiated its AEye Inc [LIDR] rating to a Buy in a research note published on November 11, 2021; the price target was $15. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Guggenheim began covering LIDR with “Buy” recommendation on September 23, 2021.
Price Performance Review of LIDR
On Tuesday, AEye Inc [NASDAQ:LIDR] saw its stock fall -4.62% to $1.24. Over the last five days, the stock has lost -46.78%. AEye Inc shares have fallen nearly -2.36% since the year began. Nevertheless, the stocks have fallen -35.08% over the past one year. While a 52-week high of $5.15 was reached on 01/07/25, a 52-week low of $0.78 was recorded on 01/14/25. SMA at 50 days reached $1.2708, while 200 days put it at $1.5151.
Levels Of Support And Resistance For LIDR Stock
The 24-hour chart illustrates a support level at 1.0934, which if violated will result in even more drops to 0.9467. On the upside, there is a resistance level at 1.4733. A further resistance level may holdings at 1.7065. The Relative Strength Index (RSI) on the 14-day chart is 45.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2464, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.44%. Stochastics %K at 14.03% indicates the stock is a buying.
How much short interest is there in AEye Inc?
A steep rise in short interest was recorded in AEye Inc stocks on 2024-10-31, dropping by 31440.0 shares to a total of 0.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.23 million shares. There was a decline of -15.92%, which implies that there is a negative sentiment for the stock.
