Airship AI (NASDAQ:AISP) Announces Earnings Results

Airship AI (NASDAQ:AISP) announced its earnings results on Friday. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.02), Zacks reports. Airship AI had a net margin of 64.71% and a negative return on equity of 76.44%.

Airship AI Stock Up 1.4 %

Shares of Airship AI stock traded up $0.06 during trading on Friday, reaching $4.24. The company’s stock had a trading volume of 692,514 shares, compared to its average volume of 2,072,685. The company has a 50-day simple moving average of $5.20 and a two-hundred day simple moving average of $3.57. Airship AI has a 1-year low of $1.45 and a 1-year high of $14.32.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of the firm’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total value of $137,500.00. The transaction 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 business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $3.39, for a total transaction of $101,700.00. Following the sale, the chief technology officer now directly owns 60,000 shares in the company, valued at $203,400. This trade represents a 33.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 142,000 shares of company stock valued at $721,600. 57.90% of the stock is currently owned by corporate insiders.

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.