Airship AI (NASDAQ:AISP) Trading Down 2.6% – Here’s What Happened

Airship AI Holdings, Inc. (NASDAQ:AISP) shares traded down 2.6% on Tuesday . The stock traded as low as $5.00 and last traded at $5.56. 3,278,674 shares traded hands during mid-day trading, an increase of 20% from the average session volume of 2,723,880 shares. The stock had previously closed at $5.71.

Analyst Upgrades and Downgrades

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

Airship AI Trading Down 3.0 %

The stock has a 50 day moving average price of $2.79 and a two-hundred day moving average price of $3.10.

Insiders Place Their Bets

In related news, CTO Yanda Ma sold 30,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $3.39, for a total value of $101,700.00. Following the completion of the transaction, the chief technology officer now directly owns 60,000 shares in the company, valued at $203,400. The trade was a 33.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 57.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its position in shares of Airship AI by 70.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after buying an additional 12,214 shares in the last quarter. State Street Corp increased its holdings in Airship AI by 54.2% in the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after acquiring an additional 45,247 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in 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 acquiring an additional 21,616 shares during the period. Institutional investors and hedge funds 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.