Airship AI (NASDAQ:AISP) Stock Price Down 0.7% – Should You Sell?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s share price was down 0.7% on Monday . The company traded as low as $5.62 and last traded at $5.85. Approximately 2,229,962 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 2,844,458 shares. The stock had previously closed at $5.89.

Analyst Ratings Changes

Separately, Benchmark reiterated a “buy” rating and issued a $6.00 target price on shares of Airship AI in a report on Tuesday, November 19th.

Airship AI Price Performance

The firm has a 50-day moving average price of $3.49 and a two-hundred day moving average price of $3.22.

Insiders Place Their Bets

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of Airship AI stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total transaction of $137,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Yanda Ma sold 30,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $3.39, for a total transaction of $101,700.00. Following the completion of the transaction, the chief technology officer now owns 60,000 shares of the company’s stock, valued at approximately $203,400. This represents a 33.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 142,000 shares of company stock worth $721,600 in the last ninety days. Insiders own 57.90% of the company’s stock.

Institutional Trading of Airship AI

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp raised its holdings in shares of Airship AI by 54.2% in the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after buying an additional 45,247 shares in the last quarter. JPMorgan Chase & Co. grew its position in Airship AI by 1,982.9% in the third quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock valued at $63,000 after acquiring an additional 26,095 shares during the period. Geode Capital Management LLC raised its stake in Airship AI by 12.1% during the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after acquiring an additional 21,616 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Airship AI by 70.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after acquiring an additional 12,214 shares during the period. Institutional investors own 5.89% of the company’s stock.

Airship AI Company Profile

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.