Airship AI (NASDAQ:AISP) Trading Down 8.6% Following Insider Selling

Airship AI Holdings, Inc. (NASDAQ:AISPGet Free Report)’s stock price was down 8.6% during mid-day trading on Thursday after an insider sold shares in the company. The company traded as low as $5.65 and last traded at $5.72. Approximately 1,467,383 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 2,783,564 shares. The stock had previously closed at $6.26.

Specifically, CTO Yanda Ma sold 60,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $6.45, for a total transaction of $387,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Mark E. Scott sold 22,000 shares of the firm’s stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total value of $137,500.00. The disclosure for this sale can be found here.

Analyst Ratings Changes

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

Get Our Latest Analysis on AISP

Airship AI Stock Performance

The stock has a 50-day moving average price of $3.49 and a two-hundred day moving average price of $3.24.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings 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 worth $63,000 after buying an additional 26,095 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Airship AI by 70.6% in 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 in the last quarter. State Street Corp boosted its holdings in shares of Airship AI by 54.2% during 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. Finally, Geode Capital Management LLC grew its position in shares of Airship AI by 12.1% during the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock valued at $459,000 after purchasing an additional 21,616 shares in the last quarter. Institutional investors own 5.89% of the company’s stock.

About Airship AI

(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.

Recommended Stories

Receive News & Ratings for Airship AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airship AI and related companies with MarketBeat.com's FREE daily email newsletter.