Airship AI (NASDAQ:AISP) Trading 4.2% Higher – Still a Buy?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s share price rose 4.2% on Tuesday . The stock traded as high as $5.34 and last traded at $5.29. Approximately 613,338 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 2,397,766 shares. The stock had previously closed at $5.07.

Analyst Upgrades and Downgrades

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

Airship AI Stock Performance

The stock has a 50-day simple moving average of $4.15 and a 200 day simple moving average of $3.32.

Insider Buying and Selling at Airship AI

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of the business’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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Yanda Ma sold 30,000 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total value of $95,400.00. Following the sale, the chief technology officer now owns 30,000 shares of the company’s stock, valued at approximately $95,400. This trade represents a 50.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 142,000 shares of company stock valued at $721,600 in the last quarter. Company insiders own 57.90% of the company’s stock.

Institutional Investors Weigh In On Airship AI

Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its holdings 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 worth $459,000 after buying an additional 21,616 shares during the last quarter. State Street Corp increased its position in Airship AI by 54.2% during the third quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after acquiring an additional 45,247 shares during the period. Charles Schwab Investment Management Inc. raised its stake 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 valued at $68,000 after purchasing an additional 12,214 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Airship AI by 1,982.9% in 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, Kieckhefer Group LLC bought a new stake in Airship AI in the 4th quarter valued at $47,000. Institutional investors own 5.89% of the company’s stock.

Airship AI Company 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.