Airship AI (NASDAQ:AISP) Trading Down 3.1% - What's Next?

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) was down 3.1% during mid-day trading on Tuesday . The stock traded as low as $4.40 and last traded at $4.49. Approximately 457,773 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 2,177,577 shares. The stock had previously closed at $4.63.

Analysts Set New Price Targets

Separately, Benchmark reaffirmed 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 Performance

The business's 50-day simple moving average is $4.38 and its 200-day simple moving average is $3.36.

Insider Activity at Airship AI

In other Airship AI news, CTO Yanda Ma sold 60,000 shares of the business's stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $6.45, for a total value of $387,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Mark E. Scott sold 22,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 31st. The stock was 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. Insiders sold 142,000 shares of company stock worth $721,600 over the last three months. Company insiders own 57.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kieckhefer Group LLC acquired a new position in shares of Airship AI during the 4th quarter worth approximately $47,000. JPMorgan Chase & Co. raised its position in 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. Geode Capital Management LLC lifted 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 in the last quarter. State Street Corp grew its position in shares of 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 during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Airship AI by 70.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company's stock worth $68,000 after purchasing an additional 12,214 shares in the last quarter. Hedge funds and other institutional investors 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.