<div id="readability-page-1"><p>Focus Financial Network Inc. acquired a new position in  Audioeye, Inc. (NASDAQ:AEYE - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 49,247 shares of the company's stock, valued at approximately $574,000. Focus Financial Network Inc. owned about 0.40% of Audioeye as of its most recent filing with the Securities and Exchange Commission.</p><p>Other large investors also recently added to or reduced their stakes in the company. Two Sigma Investments LP purchased a new stake in  Audioeye in the 4th quarter worth about $380,000.  Jacobs Levy Equity Management Inc. purchased a new stake in  Audioeye in the 1st quarter worth about $1,664,000.  Millennium Management LLC increased its holdings in  Audioeye by 17.4% in the 4th quarter. Millennium Management LLC now owns 42,288 shares of the company's stock worth $643,000 after acquiring an additional 6,278 shares during the last quarter.  Bank of America Corp DE increased its holdings in  Audioeye by 314.5% in the 4th quarter. Bank of America Corp DE now owns 59,206 shares of the company's stock worth $901,000 after acquiring an additional 44,923 shares during the last quarter.  Finally, Nuveen LLC purchased a new stake in  Audioeye in the 1st quarter worth about $815,000. Hedge funds and other institutional investors own  51.11% of the company's stock. </p><h2>Audioeye Stock Performance</h2><p>NASDAQ:AEYE opened at $13.23 on Friday. The business has a 50 day moving average of $12.33 and a 200 day moving average of $12.02. The company has a market capitalization of $164.18 million, a price-to-earnings ratio of -38.91 and a beta of 0.67. Audioeye, Inc. has a 1-year low of $8.91 and a 1-year high of $34.85. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.10 and a quick ratio of 1.10. </p><h2>Analyst Ratings Changes</h2><p>AEYE has been the subject of a number of recent analyst reports. B. Riley reduced their target price on Audioeye from $20.00 to $19.00 and set a &#34;buy&#34; rating for the company in a report on Friday, August 8th. Wall Street Zen raised Audioeye from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a report on Friday, September 5th. Four analysts have rated the stock with a Buy rating,  According to MarketBeat, the stock  has an average rating of &#34;Buy&#34; and an average price target of $25.25.</p><p><b>Read Our Latest Stock Analysis on Audioeye</b></p><h2>Insider Buying and Selling</h2><p>In related news, Director Jamil A. Tahir purchased 12,641 shares of the firm's stock in a transaction on Thursday, September 4th. The shares were acquired at an average cost of $12.59 per share, with a total value of $159,150.19. Following the purchase, the director directly owned 207,641 shares of the company's stock, valued at approximately $2,614,200.19. This trade represents a 6.48% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James B. Hawkins purchased 8,000 shares of the firm's stock in a transaction on Monday, August 18th. The stock was bought at an average cost of $10.95 per share, for a total transaction of $87,600.00. Following the completion of the purchase, the director directly owned 146,183 shares in the company, valued at approximately $1,600,703.85. This trade represents a 5.79% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 33,000 shares of company stock worth $403,833 over the last ninety days. Insiders own  28.80% of the company's stock. </p><h2>Audioeye Company Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Audioeye</li><li>What is the S&amp;P 500 and How It is Distinct from Other Indexes</li><li>Caterpillar Stock Hits All-Time High—Is There More Room to Run?</li><li>Why Invest in High-Yield Dividend Stocks?</li><li>Berkshire-Backed Lennar Slides After Weak Q3 Earnings</li><li>How the NYSE and NASDAQ are Different, Why That Matters to Investors</li><li>Analysts Turn Bullish on Hershey—Is Pepsi the Next Value Play?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUVZRQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUVZRQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Audioeye Right Now?</h2><p>Before you consider Audioeye, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Audioeye wasn't on the list.</p><p>While Audioeye currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Focus Financial Network Inc. acquired 49,247 shares of Audioeye, Inc. (NASDAQ:AEYE) valued at approximately $574,000 in the 2nd quarter, according to a recent SEC filing. This acquisition gives Focus Financial about 0.40% ownership in Audioeye. Other institutional investors have also increased their stakes in the company. Audioeye's stock opened at $13.23, with a market cap of $164.18 million and a price-to-earnings ratio of -38.91. Recent analyst ratings show a consensus "Buy" rating with an average price target of $25.25.</p>

49,247 Shares in Audioeye, Inc. $AEYE Purchased by Focus Financial Network Inc.