Insider Selling: Airship AI Holdings, Inc. (NASDAQ:AISP) President Sells 70,000 Shares of Stock

Airship AI Holdings, Inc. (NASDAQ:AISP) President Paul M. Allen sold 70,000 shares of the company’s stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $5.11, for a total value of $357,700.00. Following the completion of the transaction, the president now owns 51,948 shares of the company’s stock, valued at $265,454.28. The trade was a 57.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Airship AI Price Performance

Airship AI stock opened at $5.52 on Thursday. Airship AI Holdings, Inc. has a 1 year low of $1.90 and a 1 year high of $7.66. The firm’s 50 day moving average price is $4.56 and its 200-day moving average price is $4.53. The stock has a market cap of $175.76 million, a P/E ratio of -8.24 and a beta of 0.30.

Airship AI (NASDAQ:AISP) last posted its earnings results on Thursday, May 15th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.01). The company had revenue of $5.50 million for the quarter, compared to analysts’ expectations of $4.40 million. Airship AI had a negative net margin of 9.97% and a negative return on equity of 75.79%. As a group, equities analysts expect that Airship AI Holdings, Inc. will post 1.71 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Airship AI in the first quarter worth about $3,045,000. Geode Capital Management LLC grew its holdings in Airship AI by 20.5% during the 4th quarter. Geode Capital Management LLC now owns 240,692 shares of the company’s stock valued at $1,507,000 after buying an additional 40,991 shares in the last quarter. AQR Capital Management LLC increased its stake in Airship AI by 91.3% in the 1st quarter. AQR Capital Management LLC now owns 82,863 shares of the company’s stock worth $320,000 after acquiring an additional 39,542 shares during the last quarter. Virtu Financial LLC bought a new stake in Airship AI in the 1st quarter worth approximately $132,000. Finally, Invesco Ltd. purchased a new stake in shares of Airship AI during the 1st quarter worth approximately $93,000. Hedge funds and other 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.