Virtu Financial LLC Takes Position in iLearningEngines, Inc. (NASDAQ:AILE)

Virtu Financial LLC purchased a new position in shares of iLearningEngines, Inc. (NASDAQ:AILE) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,615 shares of the company’s stock, valued at approximately $54,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Claro Advisors LLC boosted its holdings in iLearningEngines by 75.6% during the 3rd quarter. Claro Advisors LLC now owns 20,746 shares of the company’s stock worth $35,000 after acquiring an additional 8,929 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in iLearningEngines during the second quarter worth about $102,000. Squarepoint Ops LLC bought a new stake in iLearningEngines in the 2nd quarter worth about $123,000. SG Americas Securities LLC bought a new stake in iLearningEngines in the 3rd quarter worth about $29,000. Finally, Rhumbline Advisers purchased a new stake in iLearningEngines in the 2nd quarter valued at about $217,000. 32.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Benchmark restated a “buy” rating and issued a $18.00 target price on shares of iLearningEngines in a research note on Tuesday, November 19th.

iLearningEngines Stock Down 9.4 %

Shares of iLearningEngines stock opened at $0.89 on Friday. iLearningEngines, Inc. has a 1 year low of $0.70 and a 1 year high of $20.00. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 20.27. The stock has a fifty day moving average price of $1.38 and a 200-day moving average price of $3.90.

iLearningEngines Profile

iLearningEngines, Inc operates an artificial intelligence (AI) platform for learning automation. The company’s AI learning and engagement platform offers a cloud-based, mobile, offline, and multimedia capabilities that is used to deliver personalized learning and engagement modules. Its platform includes Learning Experience Platform, that addresses the corporate learning market; and Information Intelligence Platform which addresses the information management, analytics, and automation markets.