AudioEye Inc’s recently made public that its Director Tahir Jamil A. unloaded Company’s shares for reported $3.0 million on Dec 04 ’24. In the deal valued at $24.00 per share,125,000 shares were sold. As a result of this transaction, Tahir Jamil A. now holds 195,000 shares worth roughly $ 3.36 million.
Then, Moradi David sold 900,000 shares, generating $21,600,000 in total proceeds. Upon selling the shares at $24.00, the CHIEF EXECUTIVE OFFICER now owns 1,864,290 shares.
Before that, Bettis Carr sold 225,000 shares. AudioEye Inc shares valued at $5,400,000 were divested by the EXEC CHRMN/CHRMN OF THE BOARD at a price of $24.00 per share. As a result of the transaction, Bettis Carr now holds 200,045 shares, worth roughly $3.45 million.
Needham initiated its AudioEye Inc [AEYE] rating to a Buy in a research note published on January 07, 2025; the price target was $25. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. Maxim Group also remained covering AEYE and has decreased its forecast on August 12, 2021 with a “Hold” recommendation from previously “Buy” rating. H.C. Wainwright started covering the stock on June 07, 2021. It rated AEYE as “a Buy”.
Price Performance Review of AEYE
On Friday, AudioEye Inc [NASDAQ:AEYE] saw its stock fall -3.85% to $17.25. Over the last five days, the stock has lost -8.83%. AudioEye Inc shares have risen nearly 13.41% since the year began. Nevertheless, the stocks have risen 227.32% over the past one year. While a 52-week high of $34.85 was reached on 02/06/25, a 52-week low of $5.25 was recorded on 01/10/25. SMA at 50 days reached $17.93, while 200 days put it at $21.25.
Levels Of Support And Resistance For AEYE Stock
The 24-hour chart illustrates a support level at 16.75, which if violated will result in even more drops to 16.26. On the upside, there is a resistance level at 17.85. A further resistance level may holdings at 18.46. The Relative Strength Index (RSI) on the 14-day chart is 42.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.49%. Stochastics %K at 15.88% indicates the stock is a buying.
How much short interest is there in AudioEye Inc?
A steep rise in short interest was recorded in AudioEye Inc stocks on 2025-01-31, growing by 73817.0 shares to a total of 0.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.57 million shares. There was a rise of 11.55%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 08, 2021 when Maxim Group began covering the stock and recommended ‘”a Buy”‘ rating along with a $36 price target.
