Airship AI (NASDAQ:AISP) Shares Up 3.3% - Here's What Happened

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report)'s stock price rose 3.3% on Thursday . The company traded as high as $5.59 and last traded at $5.30. 889,822 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 2,549,814 shares. The stock had previously closed at $5.13.

Analyst Ratings Changes

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

Airship AI Stock Performance

The business's 50 day simple moving average is $3.92 and its two-hundred day simple moving average is $3.26.

Insider Activity at Airship AI

In related news, CTO Yanda Ma sold 60,000 shares of the firm's stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $6.45, for a total value of $387,000.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Mark E. Scott sold 22,000 shares of the business's 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 142,000 shares of company stock worth $721,600. 57.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Airship AI

Several hedge funds and other institutional investors have recently modified their holdings of AISP. Geode Capital Management LLC grew its holdings in Airship AI by 12.1% during the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company's stock valued at $459,000 after purchasing an additional 21,616 shares during the period. State Street Corp lifted its position in shares of Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company's stock valued at $296,000 after buying an additional 45,247 shares in the last quarter. Charles Schwab Investment Management Inc. grew 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 acquiring an additional 12,214 shares during the period. JPMorgan Chase & Co. increased its holdings in Airship AI by 1,982.9% in 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 in the last quarter. Finally, Kieckhefer Group LLC purchased a new stake in Airship AI in the 4th quarter worth approximately $47,000. 5.89% of the stock is currently owned by hedge funds and other institutional investors.

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.