Airship AI (NASDAQ:AISP) Trading Up 4.2% – Should You Buy?

Shares of Airship AI Holdings, Inc. (NASDAQ:AISPGet Free Report) shot up 4.2% during mid-day trading on Friday . The stock traded as high as $4.81 and last traded at $4.74. 665,237 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 2,976,134 shares. The stock had previously closed at $4.55.

Wall Street Analyst Weigh In

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

View Our Latest Report on Airship AI

Airship AI Stock Performance

The company’s 50-day moving average is $3.71 and its two-hundred day moving average is $3.24.

Insider Transactions at Airship AI

In related news, CFO Mark E. Scott sold 22,000 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total value of $137,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Yanda Ma sold 60,000 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $6.45, for a total value of $387,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 142,000 shares of company stock valued at $721,600. Company insiders own 57.90% of the company’s stock.

Institutional Trading of Airship AI

Hedge funds have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position 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 purchasing an additional 12,214 shares during the last quarter. State Street Corp boosted its holdings in Airship AI by 54.2% in the third quarter. State Street Corp now owns 128,685 shares of the company’s stock valued at $296,000 after acquiring an additional 45,247 shares during the last quarter. JPMorgan Chase & Co. increased its position in Airship AI by 1,982.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock valued at $63,000 after purchasing an additional 26,095 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Airship AI by 12.1% during the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after purchasing an additional 21,616 shares during the last quarter. 5.89% of the stock is owned by institutional investors and hedge funds.

Airship AI Company Profile

(Get Free Report)

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.

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