Migdal Insurance & Financial Holdings Ltd. Makes New Investment in Airship AI Holdings, Inc. (NASDAQ:AISP)

Migdal Insurance & Financial Holdings Ltd. acquired a new position in Airship AI Holdings, Inc. (NASDAQ:AISP) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 788,857 shares of the company’s stock, valued at approximately $3,045,000.

Other institutional investors have also recently modified their holdings of the company. Kieckhefer Group LLC raised its position in Airship AI by 79.2% during the first quarter. Kieckhefer Group LLC now owns 13,440 shares of the company’s stock valued at $52,000 after acquiring an additional 5,940 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Airship AI by 150.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,130 shares of the company’s stock valued at $26,000 after buying an additional 2,482 shares in the last quarter. Northern Trust Corp increased its position in shares of Airship AI by 9.0% in the fourth quarter. Northern Trust Corp now owns 73,138 shares of the company’s stock valued at $458,000 after buying an additional 6,031 shares in the last quarter. Oxford Asset Management LLP purchased a new stake in shares of Airship AI in the fourth quarter valued at approximately $118,000. Finally, XTX Topco Ltd purchased a new stake in shares of Airship AI in the fourth quarter valued at approximately $75,000. 5.89% of the stock is currently owned by hedge funds and other institutional investors.

Airship AI Stock Up 2.5%

Shares of Airship AI stock traded up $0.14 on Friday, reaching $5.83. The company’s stock had a trading volume of 101,038 shares, compared to its average volume of 1,422,447. The company has a market capitalization of $185.66 million, a P/E ratio of -8.69 and a beta of 0.33. Airship AI Holdings, Inc. has a 52-week low of $1.90 and a 52-week high of $7.66. The stock has a 50-day moving average price of $5.14 and a 200-day moving average price of $4.67.

Airship AI (NASDAQ:AISP) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The firm had revenue of $5.50 million during the quarter, compared to analysts’ expectations of $4.40 million. Sell-side analysts forecast that Airship AI Holdings, Inc. will post 1.71 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Airship AI news, President Paul M. Allen sold 70,000 shares of the business’s stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $5.11, for a total transaction of $357,700.00. Following the transaction, the president owned 51,948 shares of the company’s stock, valued at approximately $265,454.28. The trade was a 57.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Mark E. Scott sold 26,836 shares of the business’s stock in a transaction on Monday, June 30th. The stock was sold at an average price of $6.21, for a total value of $166,651.56. The disclosure for this sale can be found here. Insiders own 57.90% of the company’s stock.

Airship AI 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.