Airship AI (NASDAQ:AISP) Stock Price Up 2.4% - What's Next?

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report)'s share price traded up 2.4% during trading on Tuesday . The stock traded as high as $4.50 and last traded at $4.43. 304,589 shares were traded during trading, a decline of 84% from the average session volume of 1,960,997 shares. The stock had previously closed at $4.33.

Wall Street Analyst Weigh In

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

Airship AI Stock Up 17.4 %

The firm has a 50 day simple moving average of $4.63 and a two-hundred day simple moving average of $3.39.

Insider Activity at Airship AI

In other news, CFO Mark E. Scott sold 22,000 shares of the business'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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Yanda Ma sold 60,000 shares of the company's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $6.45, for a total transaction of $387,000.00. The disclosure for this sale can be found here. Insiders have sold 142,000 shares of company stock worth $721,600 in the last ninety days. Company insiders own 57.90% of the company's stock.

Institutional Investors Weigh In On Airship AI

A number of hedge funds have recently modified their holdings of the business. Kieckhefer Group LLC acquired a new stake in Airship AI during the 4th quarter worth approximately $47,000. JPMorgan Chase & Co. raised its holdings in shares of Airship AI by 1,982.9% during the third 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 period. Charles Schwab Investment Management Inc. lifted its position in Airship AI by 70.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company's stock valued at $68,000 after acquiring an additional 12,214 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Airship AI in the 4th quarter worth $90,000. Finally, State Street Corp increased its holdings in Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company's stock worth $296,000 after purchasing an additional 45,247 shares in the last quarter. Institutional investors and hedge funds 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.