AirSculpt Technologies, Inc. (NASDAQ:AIRS) CEO Sells $160,295.40 in Stock

AirSculpt Technologies, Inc. (NASDAQ:AIRS - Get Free Report) CEO Dennis Dean sold 24,510 shares of the business's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $6.54, for a total value of $160,295.40. Following the sale, the chief executive officer now owns 582,052 shares of the company's stock, valued at approximately $3,806,620.08. This trade represents a 4.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Dennis Dean also recently made the following trade(s):

• On Wednesday, November 13th, Dennis Dean sold 7,719 shares of AirSculpt Technologies stock. The shares were sold at an average price of $7.53, for a total value of $58,124.07.

AirSculpt Technologies Trading Down 6.5 %

AirSculpt Technologies stock traded down $0.45 during mid-day trading on Friday, hitting $6.51. The company's stock had a trading volume of 354,838 shares, compared to its average volume of 85,377. The firm has a market capitalization of $376.80 million, a PE ratio of -46.50 and a beta of 1.57. AirSculpt Technologies, Inc. has a 1 year low of $2.92 and a 1 year high of $9.20. The company has a current ratio of 0.51, a quick ratio of 0.86 and a debt-to-equity ratio of 0.80. The stock's fifty day moving average is $5.55 and its two-hundred day moving average is $4.75.

AirSculpt Technologies (NASDAQ:AIRS - Get Free Report) last issued its quarterly earnings data on Friday, November 8th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.05). The business had revenue of $42.55 million during the quarter, compared to analysts' expectations of $42.49 million. AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. During the same quarter in the previous year, the company posted ($0.01) earnings per share. On average, analysts anticipate that AirSculpt Technologies, Inc. will post 0.15 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Barclays PLC boosted its position in shares of AirSculpt Technologies by 227.0% during the third quarter. Barclays PLC now owns 19,100 shares of the company's stock worth $97,000 after buying an additional 13,259 shares during the period. FourWorld Capital Management LLC purchased a new position in shares of AirSculpt Technologies during the first quarter worth $557,000. Vanguard Group Inc. boosted its position in shares of AirSculpt Technologies by 1.0% during the first quarter. Vanguard Group Inc. now owns 576,038 shares of the company's stock worth $3,537,000 after buying an additional 5,606 shares during the period. Finally, SW Investment Management LLC boosted its position in shares of AirSculpt Technologies by 5.0% during the second quarter. SW Investment Management LLC now owns 4,500,000 shares of the company's stock worth $18,000,000 after buying an additional 213,677 shares during the period. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, BTIG Research assumed coverage on AirSculpt Technologies in a report on Thursday, October 17th. They issued a "neutral" rating for the company. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, AirSculpt Technologies currently has an average rating of "Hold" and an average price target of $5.50.

AirSculpt Technologies Company Profile

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.

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