Airship AI (NASDAQ:AISP) Shares Down 0.7% – Time to Sell?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s stock price was down 0.7% during trading on Monday . The company traded as low as $5.62 and last traded at $5.85. Approximately 2,229,962 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 2,844,458 shares. The stock had previously closed at $5.89.

Wall Street Analysts Forecast Growth

Separately, Benchmark restated 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 Stock Performance

The business has a 50 day moving average price of $3.61 and a two-hundred day moving average price of $3.22.

Insider Activity at Airship AI

In related news, CTO Yanda Ma sold 30,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total value of $101,700.00. Following the completion of the sale, the chief technology officer now owns 60,000 shares of the company’s stock, valued at $203,400. This trade represents a 33.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Mark E. Scott sold 22,000 shares of Airship AI stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total transaction of $137,500.00. The disclosure for this sale can be found here. Insiders sold 142,000 shares of company stock worth $721,600 in the last three months. 57.90% of the stock is owned by insiders.

Institutional Trading of Airship AI

Several large investors have recently bought and sold shares of the company. Geode Capital Management LLC grew its stake in Airship AI by 12.1% in the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after purchasing an additional 21,616 shares during the period. State Street Corp grew its position in shares of 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 buying an additional 45,247 shares during the period. Charles Schwab Investment Management Inc. lifted its position 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 acquiring an additional 12,214 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Airship AI by 1,982.9% in the third quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after purchasing an additional 26,095 shares during the period. 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.