Airship AI (NASDAQ:AISP) Shares Down 6.8% - What's Next?

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report)'s stock price was down 6.8% on Monday . The company traded as low as $3.93 and last traded at $4.17. Approximately 538,153 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 2,016,553 shares. The stock had previously closed at $4.47.

Analysts Set New Price Targets

Separately, Benchmark reiterated 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 Up 3.4 %

The firm's 50-day moving average is $4.53 and its two-hundred day moving average is $3.37.

Insider Transactions at Airship AI

In other Airship AI news, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Yanda Ma sold 60,000 shares of the stock in a transaction on Monday, December 30th. The shares were sold at an average price of $6.45, for a total value of $387,000.00. The disclosure for this sale can be found here. Insiders sold a total of 142,000 shares of company stock worth $721,600 over the last 90 days. 57.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Airship AI

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kieckhefer Group LLC bought a new position in Airship AI during the fourth quarter worth about $47,000. Bank of New York Mellon Corp acquired a new stake in shares of Airship AI in the 4th quarter valued at approximately $90,000. JPMorgan Chase & Co. boosted its stake in Airship AI by 1,982.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company's stock worth $63,000 after acquiring an additional 26,095 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Airship AI by 70.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company's stock valued at $68,000 after purchasing an additional 12,214 shares during the period. Finally, State Street Corp increased its stake in Airship AI by 54.2% in the third quarter. State Street Corp now owns 128,685 shares of the company's stock valued at $296,000 after purchasing an additional 45,247 shares in the last quarter. Institutional investors own 5.89% of the company's stock.

About Airship AI

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.