AudioEye, Inc. ( NASDAQ:AEYE – Get Free Report ) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 558,900 shares, a drop of 19.4% from the November 30th total of 693,500 shares. Based on an average daily volume of 232,300 shares, the short-interest ratio is currently 2.4 days. Approximately 7.6% of the shares of the stock are short sold. Insider Activity at AudioEye In other AudioEye news, CFO Kelly Georgevich sold 10,000 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $29.00, for a total transaction of $290,000.00. Following the sale, the chief financial officer now owns 88,981 shares of the company’s stock, valued at $2,580,449. This represents a 10.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, insider Carr Bettis sold 225,000 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $24.00, for a total transaction of $5,400,000.00. Following the completion of the transaction, the insider now directly owns 200,045 shares of the company’s stock, valued at approximately $4,801,080. This represents a 52.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 1,342,859 shares of company stock valued at $32,684,480 in the last three months. Corporate insiders own 40.70% of the company’s stock. Institutional Investors Weigh In On AudioEye Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp bought a new position in AudioEye during the second quarter worth about $348,000. Palisades Hudson Asset Management L.P. bought a new position in AudioEye during the 2nd quarter worth approximately $142,000. Rhumbline Advisers bought a new stake in shares of AudioEye in the 2nd quarter valued at $147,000. Acadian Asset Management LLC lifted its holdings in AudioEye by 130.6% during the second quarter. Acadian Asset Management LLC now owns 26,939 shares of the company’s stock worth $473,000 after acquiring an additional 15,256 shares in the last quarter. Finally, ClariVest Asset Management LLC acquired a new position in AudioEye in the second quarter valued at about $664,000. Institutional investors own 51.11% of the company’s stock. AudioEye Stock Performance Wall Street Analyst Weigh In Several equities research analysts have recently commented on the company. HC Wainwright lifted their target price on AudioEye from $28.00 to $37.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Roth Mkm reiterated a “buy” rating and issued a $35.00 price objective (up from $25.00) on shares of AudioEye in a research report on Friday, November 8th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $30.13. Read Our Latest Report on AEYE AudioEye Company Profile ( Get Free Report ) 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. See Also Receive News & Ratings for AudioEye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AudioEye and related companies with MarketBeat.com's FREE daily email newsletter .Turkey lowers interest rate for first time in 2 yearsAP Business SummaryBrief at 12:48 p.m. EST
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AP News Summary at 2:04 p.m. ESTQatar tribune US President Joe Biden on Sunday said he has pardoned his son, Hunter Biden, despite previously promising he would not do so. The president’s 54-year-old son had pleaded guilty to federal tax charges after being found guilty of charges relating to gun possession and drug use in two separate trials. The sentences were to be announced later in December. The US president said that, while he had promised he wouldn’t interfere with decisions by the Department of Justice, “It is clear that Hunter was treated differently.” “The charges in his cases came about only after several of my political opponents in Congress instigated them to attack me and oppose my election,” the older Biden said in a statement released by the White House. “Then, a carefully negotiated plea deal, agreed to by the Department of Justice, unravelled in the court room - with a number of my political opponents in Congress taking credit for bringing political pressure on the process. Had the plea deal held, it would have been a fair, reasonable resolution of Hunter’s cases. “No reasonable person who looks at the facts of Hunter’s cases can reach any other conclusion than Hunter was singled out only because he is my son - and that is wrong,” continued the US president. Biden had said several times that he would not pardon his son. His term in office ends when power is handed over to President-elect Donald Trump on January 20. Hunter Biden’s legal problems also weighed on his father politically during the election campaign. Biden was originally set to be the Democrats’ candidate for the White House, but withdrew from the race after a disastrous performance in a televised debate against Trump. He was eventually replaced by his vice president, Kamala Harris, who was defeated by Trump in the November election. US President-elect Donald Trump described the decision as a “miscarriage of justice.” He pointed on his Truth Social platform to people jailed for participating in the January 6, 2021 riots on Capitol Hill in Washington, terming them “hostages.” “Does the Pardon given by Joe to Hunter include the J-6 Hostages, who have now been imprisoned for years? Such an abuse and miscarriage of Justice!” Trump posted. Trump is to be inaugurated in Washington on January 20. (DPA) Copy 03/12/2024 10LA Smart Blinds Unveils Eco-Friendly Exterior Solar Shades for Patios
Investors with a lot of money to spend have taken a bullish stance on Delta Air Lines DAL . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DAL, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 20 uncommon options trades for Delta Air Lines. This isn't normal. The overall sentiment of these big-money traders is split between 60% bullish and 35%, bearish. Out of all of the special options we uncovered, 4 are puts, for a total amount of $211,223, and 16 are calls, for a total amount of $680,559. Expected Price Movements Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $35.0 to $90.0 for Delta Air Lines during the past quarter. Analyzing Volume & Open Interest Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Delta Air Lines's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Delta Air Lines's significant trades, within a strike price range of $35.0 to $90.0, over the past month. Delta Air Lines 30-Day Option Volume & Interest Snapshot Largest Options Trades Observed: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume DAL CALL SWEEP BEARISH 04/17/25 $8.9 $8.8 $8.8 $57.50 $100.3K 1.6K 114 DAL CALL SWEEP BEARISH 01/17/25 $2.18 $2.15 $2.15 $65.00 $75.1K 46.6K 403 DAL PUT SWEEP BULLISH 01/16/26 $7.65 $7.45 $7.45 $60.00 $74.5K 967 100 DAL CALL SWEEP BEARISH 01/16/26 $8.95 $8.9 $8.9 $67.50 $70.3K 1.0K 348 DAL PUT SWEEP BULLISH 01/16/26 $7.65 $7.4 $7.45 $60.00 $67.0K 967 190 About Delta Air Lines Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned most of its international revenue and profits from flying passengers over the Atlantic Ocean. In light of the recent options history for Delta Air Lines, it's now appropriate to focus on the company itself. We aim to explore its current performance. Where Is Delta Air Lines Standing Right Now? Currently trading with a volume of 2,173,331, the DAL's price is up by 0.12%, now at $62.63. RSI readings suggest the stock is currently is currently neutral between overbought and oversold. Anticipated earnings release is in 15 days. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access . Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Delta Air Lines with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.None
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