Airship AI (NASDAQ:AISP) Shares Up 1.9% - Still a Buy?

Shares of Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) traded up 1.9% during mid-day trading on Friday . The company traded as high as $5.29 and last traded at $5.26. 429,092 shares changed hands during trading, a decline of 81% from the average session volume of 2,287,175 shares. The stock had previously closed at $5.16.

Wall Street Analyst Weigh In

Separately, Benchmark restated a "buy" rating and issued a $6.00 price objective on shares of Airship AI in a report on Tuesday, November 19th.

Airship AI Stock Down 4.5 %

The firm's 50-day moving average price is $4.18 and its 200-day moving average price is $3.33.

Insider Buying and Selling

In other news, CFO Mark E. Scott sold 22,000 shares of Airship AI 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 transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CTO Yanda Ma sold 30,000 shares of the company'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 completion of the transaction, 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 disclosure for this sale can be found here. In the last three months, insiders sold 142,000 shares of company stock valued at $721,600. Company insiders own 57.90% of the company's stock.

Institutional Trading of Airship AI

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Kieckhefer Group LLC purchased a new position in Airship AI in the fourth quarter valued at about $47,000. JPMorgan Chase & Co. raised its position in shares of Airship AI by 1,982.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company's stock valued at $63,000 after purchasing an additional 26,095 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of 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 buying an additional 12,214 shares during the last quarter. State Street Corp grew its position in shares of Airship AI by 54.2% during the third quarter. State Street Corp now owns 128,685 shares of the company's stock worth $296,000 after buying an additional 45,247 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of 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 buying an additional 21,616 shares during the last quarter. 5.89% of the stock is owned by hedge funds and other institutional investors.

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.