Chief Financial Officer Kelly Georgevich of AudioEye Inc (AEYE, Financial) executed a sale of 10,500 shares of the company on November 14, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 88,481 shares of the company.
AudioEye Inc specializes in creating software that enhances the accessibility of web content for individuals with disabilities. The company's technology ensures that digital content is accessible and compliant with global standards.
Over the past year, Kelly Georgevich has sold a total of 10,500 shares and has not made any purchases of the company's stock. The insider transaction history for AudioEye Inc shows a trend with 1 insider buy and 3 insider sells over the past year.
On the date of the recent transaction, shares of AudioEye Inc were trading at $28.9, giving the company a market cap of $318.58 million. The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 4.11, based on a GF Value of $7.04.
The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors and evaluating the stock's current valuation metrics.
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