Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. AEye Inc shares valued at $22,885 were sold by Dussan Luis on Jan 07 ’25. At $3.81 per share, Dussan Luis sold 6,000 shares. The insider’s holdings dropped to 33,000 shares worth approximately $35970.0 following the completion of this transaction.
Also, Dussan Luis purchased 6,000 shares, netting a total of over 13,980 in proceeds.
Before that, Dussan Luis had sold 7,440 shares from its account. In a trade valued at $31,100, the Director traded AEye Inc shares for $4.18 each. Upon closing the transaction, the insider’s holdings decreased to 7,440 shares, worth approximately $3807.3700000000003.
As published in their initiating research note from DA Davidson on November 11, 2021, AEye Inc [LIDR] has been a Buy and the price target has been revised to $15. Analysts at ROTH Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in late October. As of September 23, 2021, Guggenheim has initiated its “Buy” rating for LIDR.
Analyzing LIDR Stock Performance
During the last five days, there has been a drop of approximately -12.10%. Over the course of the year, AEye Inc shares have dropped approximately -14.17%. Shares of the company reached a 52-week high of $4.3000 on 01/07/25 and a 52-week low of $0.9800 on 01/22/25. A 50-day SMA is recorded $1.2778, while a 200-day SMA reached $1.5119. Nevertheless, trading volume fell to 4.51 million shares from 3.62 million shares the previous day.
Support And Resistance Levels for AEye Inc (LIDR)
According to the 24-hour chart, there is a support level at 0.9533, which, if violated, would cause prices to drop to 0.8167. In the upper region, resistance lies at 1.2533. The next price resistance is at 1.4167. RSI (Relative Strength Index) is 44.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.5314, which suggests the price will decrease in the coming days. Percent R is at 96.69%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
