Virtu Financial LLC Makes New Investment in iLearningEngines, Inc. (NASDAQ:AILE)

Virtu Financial LLC bought a new stake in iLearningEngines, Inc. (NASDAQ:AILE) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 32,615 shares of the company’s stock, valued at approximately $54,000.

A number of other institutional investors have also recently made changes to their positions in AILE. State Street Corp increased its holdings in iLearningEngines by 24.0% in the 3rd quarter. State Street Corp now owns 693,377 shares of the company’s stock worth $1,158,000 after acquiring an additional 134,202 shares during the last quarter. Morse Asset Management Inc increased its stake in shares of iLearningEngines by 208.9% in the third quarter. Morse Asset Management Inc now owns 524,950 shares of the company’s stock worth $877,000 after purchasing an additional 354,988 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of iLearningEngines in the third quarter valued at approximately $160,000. Bank of New York Mellon Corp bought a new stake in shares of iLearningEngines in the second quarter valued at approximately $775,000. Finally, Claro Advisors LLC lifted its stake in shares of iLearningEngines by 359.3% during the 3rd quarter. Claro Advisors LLC now owns 54,271 shares of the company’s stock valued at $91,000 after buying an additional 42,454 shares in the last quarter. Hedge funds and other institutional investors own 32.94% of the company’s stock.

iLearningEngines Trading Down 9.4 %

Shares of NASDAQ AILE opened at $0.89 on Friday. The company has a debt-to-equity ratio of 20.27, a quick ratio of 3.40 and a current ratio of 3.40. iLearningEngines, Inc. has a 52 week low of $0.70 and a 52 week high of $20.00. The business has a 50-day simple moving average of $1.38 and a two-hundred day simple moving average of $3.90.

Wall Street Analysts Forecast Growth

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

iLearningEngines Company 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.