Shares of Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) traded down 9.1% during mid-day trading on Wednesday . The company traded as low as $5.99 and last traded at $6.26. 5,783,920 shares traded hands during trading, an increase of 108% from the average session volume of 2,783,564 shares. The stock had previously closed at $6.89.
Wall Street Analyst Weigh In
Separately, Benchmark restated a "buy" rating and set a $6.00 price objective on shares of Airship AI in a report on Tuesday, November 19th.
Get Our Latest Report on Airship AI
Airship AI Stock Performance
The company has a 50 day moving average of $3.33 and a two-hundred day moving average of $3.20.
Insiders Place Their Bets
In other news, CTO Yanda Ma sold 30,000 shares of the firm's stock in a transaction that occurred 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 sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 57.90% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Airship AI
A number of large investors have recently bought and sold shares of the business. State Street Corp increased its stake 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 buying an additional 45,247 shares in the last quarter. JPMorgan Chase & Co. raised its stake in 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 during the last quarter. Geode Capital Management LLC lifted its holdings in Airship AI by 12.1% in the 3rd 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. Finally, Charles Schwab Investment Management Inc. boosted its stake in Airship AI by 70.6% during the 3rd 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 during the last quarter. Institutional investors and hedge funds own 5.89% of the company's stock.
Airship AI Company Profile
(
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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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