Geode Capital Management LLC Has $1.24 Million Position in iLearningEngines, Inc. (NASDAQ:AILE)

Geode Capital Management LLC trimmed its position in iLearningEngines, Inc. (NASDAQ:AILE) by 23.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 740,812 shares of the company’s stock after selling 225,374 shares during the quarter. Geode Capital Management LLC owned 0.52% of iLearningEngines worth $1,238,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AILE. Barclays PLC increased its position in shares of iLearningEngines by 320.8% in the third quarter. Barclays PLC now owns 41,808 shares of the company’s stock worth $70,000 after purchasing an additional 31,872 shares during the period. XTX Topco Ltd acquired a new stake in iLearningEngines during the third quarter worth about $85,000. EP Wealth Advisors LLC bought a new position in iLearningEngines in the 3rd quarter valued at about $58,000. Jane Street Group LLC acquired a new position in shares of iLearningEngines in the 3rd quarter valued at approximately $160,000. Finally, State Street Corp lifted its holdings in shares of iLearningEngines by 24.0% during 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 period. Institutional investors own 32.94% of the company’s stock.

iLearningEngines Price Performance

Shares of AILE stock opened at $0.42 on Friday. iLearningEngines, Inc. has a fifty-two week low of $0.15 and a fifty-two week high of $20.00. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 20.27. The stock has a 50 day simple moving average of $1.07 and a two-hundred day simple moving average of $3.27.

Wall Street Analyst Weigh In

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

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.