WINTON GROUP Ltd Makes New Investment in AudioEye, Inc. (NASDAQ:AEYE)

WINTON GROUP Ltd bought a new stake in AudioEye, Inc. (NASDAQ:AEYE - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,827 shares of the company's stock, valued at approximately $393,000. WINTON GROUP Ltd owned approximately 0.21% of AudioEye as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in AEYE. R Squared Ltd bought a new stake in AudioEye during the 4th quarter worth about $36,000. MetLife Investment Management LLC bought a new stake in shares of AudioEye during the third quarter valued at approximately $54,000. Ieq Capital LLC acquired a new stake in shares of AudioEye in the fourth quarter valued at approximately $153,000. Skylands Capital LLC bought a new position in AudioEye in the 4th quarter worth approximately $206,000. Finally, Quantbot Technologies LP bought a new position in AudioEye in the 4th quarter worth approximately $225,000. 51.11% of the stock is owned by institutional investors.

Insider Transactions at AudioEye

In other news, Director James B. Hawkins purchased 13,300 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The shares were acquired at an average cost of $15.39 per share, for a total transaction of $204,687.00. Following the transaction, the director now directly owns 114,382 shares of the company's stock, valued at approximately $1,760,338.98. The trade was a 13.16 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 40.70% of the stock is owned by corporate insiders.

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AudioEye Trading Down 10.3 %

AEYE traded down $1.14 during trading on Friday, reaching $9.97. 285,894 shares of the company's stock were exchanged, compared to its average volume of 226,794. The company's fifty day moving average price is $14.49 and its 200-day moving average price is $19.12. The firm has a market capitalization of $123.76 million, a PE ratio of -36.93, a P/E/G ratio of 2.03 and a beta of 1.39. AudioEye, Inc. has a fifty-two week low of $8.44 and a fifty-two week high of $34.85. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.84 and a current ratio of 0.84.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AEYE. Needham & Company LLC reiterated a "buy" rating and issued a $25.00 price objective on shares of AudioEye in a research report on Wednesday. HC Wainwright decreased their price target on AudioEye from $37.00 to $22.00 and set a "buy" rating on the stock in a report on Thursday, March 13th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $26.10.

AudioEye 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.