Charles Schwab Investment Management Inc. Lowers Stake in iLearningEngines, Inc. (NASDAQ:AILE)

Charles Schwab Investment Management Inc. trimmed its holdings in iLearningEngines, Inc. (NASDAQ:AILE) by 33.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 279,500 shares of the company’s stock after selling 140,727 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in iLearningEngines were worth $467,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in AILE. Claro Advisors LLC grew its position in iLearningEngines by 75.6% in the 3rd quarter. Claro Advisors LLC now owns 20,746 shares of the company’s stock valued at $35,000 after buying an additional 8,929 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in iLearningEngines during the 2nd quarter worth $102,000. Squarepoint Ops LLC acquired a new stake in shares of iLearningEngines in the 2nd quarter worth $123,000. SG Americas Securities LLC purchased a new stake in shares of iLearningEngines in the third quarter valued at about $29,000. Finally, Rhumbline Advisers acquired a new position in shares of iLearningEngines during the second quarter worth about $217,000. Institutional investors and hedge funds own 32.94% of the company’s stock.

Analyst Ratings Changes

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

iLearningEngines Price Performance

iLearningEngines stock opened at $0.98 on Friday. The stock’s 50 day moving average price is $1.38 and its 200 day moving average price is $3.93. iLearningEngines, Inc. has a 1-year low of $0.70 and a 1-year high of $20.00. 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 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.