Airship AI (NASDAQ:AISP) Shares Down 1.9% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP) shares were down 1.9% during trading on Wednesday . The company traded as low as $4.42 and last traded at $4.48. Approximately 192,996 shares changed hands during trading, a decline of 91% from the average daily volume of 2,099,915 shares. The stock had previously closed at $4.56.

Analyst Upgrades and Downgrades

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

Airship AI Price Performance

The firm’s 50-day moving average price is $4.30 and its 200-day moving average price is $3.34.

Insiders Place Their Bets

In related news, CTO Yanda Ma sold 60,000 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $6.45, for a total transaction of $387,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Mark E. Scott sold 22,000 shares of the firm’s stock in a transaction that occurred 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 have sold a total of 142,000 shares of company stock worth $721,600 over the last 90 days. Corporate insiders own 57.90% of the company’s stock.

Hedge Funds Weigh In On Airship AI

Several institutional investors and hedge funds have recently made changes to their positions in the business. Kieckhefer Group LLC purchased a new stake in Airship AI during the 4th quarter valued at $47,000. JPMorgan Chase & Co. lifted its position in 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 acquiring an additional 26,095 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Airship AI by 70.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after purchasing an additional 12,214 shares in the last quarter. State Street Corp boosted its holdings in Airship AI by 54.2% in 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 in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Airship AI by 12.1% in the 3rd 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 in the last quarter. 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.