Vesey Street Capital Partners L.L.C. Acquires 1,000,000 Shares of AirSculpt Technologies, Inc. $AIRS

Vesey Street Capital Partners L.L.C. increased its holdings in AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 3.4% in the second quarter, Holdings Channel reports. The institutional investor owned 30,324,180 shares of the company’s stock after buying an additional 1,000,000 shares during the period. AirSculpt Technologies makes up 100.0% of Vesey Street Capital Partners L.L.C.’s holdings, making the stock its largest holding. Vesey Street Capital Partners L.L.C. owned about 0.49% of AirSculpt Technologies worth $146,466,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in AIRS. Citizens Financial Group Inc. RI acquired a new stake in AirSculpt Technologies during the first quarter worth approximately $232,000. Invesco Ltd. bought a new stake in shares of AirSculpt Technologies during the 1st quarter valued at $56,000. American Century Companies Inc. bought a new stake in shares of AirSculpt Technologies during the 1st quarter valued at $32,000. Kapitalo Investimentos Ltda acquired a new stake in shares of AirSculpt Technologies during the 2nd quarter worth $51,000. Finally, Matauro LLC bought a new position in shares of AirSculpt Technologies in the second quarter worth $557,000. 91.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on AIRS. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AirSculpt Technologies in a research note on Tuesday, October 14th. Leerink Partners reissued a “market perform” rating and issued a $6.00 target price on shares of AirSculpt Technologies in a report on Tuesday. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, AirSculpt Technologies presently has an average rating of “Reduce” and a consensus price target of $5.50.

AirSculpt Technologies Price Performance

Shares of AIRS stock opened at $5.77 on Wednesday. The business has a fifty day simple moving average of $8.22 and a 200 day simple moving average of $6.16. The company has a market cap of $360.28 million, a P/E ratio of -19.23 and a beta of 2.57. The company has a quick ratio of 0.64, a current ratio of 0.51 and a debt-to-equity ratio of 0.63. AirSculpt Technologies, Inc. has a twelve month low of $1.53 and a twelve month high of $12.00.

AirSculpt Technologies (NASDAQ:AIRS) last released its earnings results on Friday, November 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). The business had revenue of $34.99 million during the quarter, compared to the consensus estimate of $39.80 million. AirSculpt Technologies had a negative net margin of 11.41% and a negative return on equity of 14.30%. AirSculpt Technologies has set its FY 2025 guidance at EPS. On average, sell-side analysts forecast that AirSculpt Technologies, Inc. will post -0.01 EPS for the current fiscal year.

About AirSculpt Technologies

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.