Airship AI Holdings, Inc. $AISP Position Reduced by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. lessened its position in Airship AI Holdings, Inc. (NASDAQ:AISP) by 50.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 300,000 shares of the company’s stock after selling 300,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned approximately 0.94% of Airship AI worth $1,551,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Police & Firemen s Retirement System of New Jersey acquired a new position in Airship AI during the second quarter worth about $30,000. JPMorgan Chase & Co. boosted its position in shares of Airship AI by 90.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,567 shares of the company’s stock valued at $56,000 after purchasing an additional 4,556 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Airship AI by 150.5% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,932 shares of the company’s stock worth $64,000 after purchasing an additional 6,568 shares during the last quarter. Intech Investment Management LLC bought a new stake in shares of Airship AI in the 2nd quarter worth approximately $70,000. Finally, Bank of America Corp DE lifted its stake in Airship AI by 115.1% during the second quarter. Bank of America Corp DE now owns 20,713 shares of the company’s stock valued at $122,000 after purchasing an additional 11,083 shares during the last quarter. Institutional investors and hedge funds own 5.89% of the company’s stock.

Airship AI Stock Down 8.3%

Shares of Airship AI stock opened at $3.96 on Wednesday. Airship AI Holdings, Inc. has a 12 month low of $2.71 and a 12 month high of $7.20. The stock has a market cap of $126.36 million, a PE ratio of -1.96 and a beta of 0.34. The business has a fifty day simple moving average of $3.30 and a 200-day simple moving average of $4.47.

Airship AI (NASDAQ:AISP) last released its earnings results on Friday, November 14th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.13. The business had revenue of $1.18 million for the quarter, compared to analysts’ expectations of $8.30 million. Analysts expect that Airship AI Holdings, Inc. will post 1.71 EPS for the current fiscal year.

Insider Activity at Airship AI

In related news, Director Louis Lebedin acquired 50,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were purchased at an average price of $3.18 per share, for a total transaction of $159,000.00. Following the purchase, the director owned 100,000 shares in the company, valued at $318,000. This represents a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Paul M. Allen bought 100,000 shares of the business’s stock in a transaction on Monday, December 29th. The stock was bought at an average price of $2.74 per share, with a total value of $274,000.00. Following the transaction, the president owned 151,948 shares in the company, valued at approximately $416,337.52. This represents a 192.50% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have purchased 201,000 shares of company stock valued at $595,180. Corporate insiders own 46.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on AISP shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Airship AI in a research report on Wednesday, October 8th. Wall Street Zen raised Airship AI from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Roth Capital set a $8.00 price target on Airship AI in a research report on Monday, December 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell” and an average target price of $8.00.

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. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.