Airship AI (NASDAQ:AISP) Trading Down 3.1% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s share price traded down 3.1% during trading on Tuesday . The company traded as low as $4.40 and last traded at $4.49. 457,773 shares changed hands during trading, a decline of 79% from the average session volume of 2,177,577 shares. The stock had previously closed at $4.63.

Analyst Ratings Changes

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

Airship AI Stock Down 1.5 %

The company’s fifty day simple moving average is $4.26 and its two-hundred day simple moving average is $3.34.

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 shares were sold at an average price of $6.25, for a total transaction of $137,500.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CTO Yanda Ma sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total transaction of $95,400.00. Following the transaction, the chief technology officer now directly owns 30,000 shares in the company, valued at approximately $95,400. This represents a 50.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 142,000 shares of company stock worth $721,600. Company insiders own 57.90% of the company’s stock.

Hedge Funds Weigh In On Airship AI

Hedge funds have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its holdings in shares of 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. State Street Corp grew 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. Geode Capital Management LLC grew its holdings in shares of Airship AI by 12.1% during the 3rd 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 during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of 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 last quarter. Finally, Kieckhefer Group LLC bought a new stake in shares of Airship AI during the 4th quarter valued at approximately $47,000. 5.89% of the stock is owned by institutional investors.

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.