Airship AI (NASDAQ:AISP) Trading Down 3.1% – Time to Sell?

Shares of Airship AI Holdings, Inc. (NASDAQ:AISP) traded down 3.1% during mid-day trading on Tuesday . The company traded as low as $4.40 and last traded at $4.49. 457,773 shares changed hands during trading, a decline of 79% from the average session volume of 2,177,577 shares. The stock had previously closed at $4.63.

Analyst Ratings Changes

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

Airship AI Trading Up 2.2 %

The firm has a fifty day moving average of $4.34 and a two-hundred day moving average of $3.35.

Insider Transactions at Airship AI

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total transaction of $137,500.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CTO Yanda Ma sold 60,000 shares of the stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $6.45, for a total transaction of $387,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 142,000 shares of company stock valued at $721,600. Insiders own 57.90% of the company’s stock.

Hedge Funds Weigh In On Airship AI

A number of large investors have recently bought and sold shares of the business. State Street Corp increased its holdings in Airship AI by 54.2% in the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock valued at $296,000 after purchasing an additional 45,247 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of 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 buying an additional 26,095 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Airship AI by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock valued at $459,000 after buying an additional 21,616 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Airship AI by 70.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after acquiring an additional 12,214 shares in the last quarter. Finally, Kieckhefer Group LLC purchased a new position in Airship AI during the 4th quarter valued at about $47,000. Institutional investors own 5.89% of the company’s stock.

About Airship AI

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.