Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) shares dropped 4.9% during trading on Friday . The stock traded as low as $5.18 and last traded at $5.48. Approximately 3,838,211 shares traded hands during trading, an increase of 40% from the average daily volume of 2,746,438 shares. The stock had previously closed at $5.76.
Wall Street Analysts Forecast Growth
Separately, Benchmark restated a "buy" rating and set a $6.00 price target on shares of Airship AI in a research report on Tuesday, November 19th.
Get Our Latest Research Report on AISP
Airship AI Stock Performance
The firm has a 50-day moving average price of $3.00 and a 200 day moving average price of $3.15.
Insider Activity
In other news, CTO Yanda Ma sold 30,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total value of $101,700.00. Following the sale, the chief technology officer now directly owns 60,000 shares in the company, valued at approximately $203,400. This trade represents a 33.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 57.90% of the company's stock.
Institutional Trading of Airship AI
Hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its stake in shares of Airship AI by 70.6% in the third 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. JPMorgan Chase & Co. raised its stake in Airship AI by 1,982.9% in the third quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company's stock valued at $63,000 after buying an additional 26,095 shares in the last quarter. Geode Capital Management LLC raised its stake in Airship AI by 12.1% in the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company's stock valued at $459,000 after buying an additional 21,616 shares in the last quarter. Finally, State Street Corp raised 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 buying an additional 45,247 shares in the last quarter. 5.89% of the stock is currently owned by institutional investors and hedge funds.
About Airship AI
(
Get Free Report)
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.
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