Airship AI (NASDAQ:AISP) Trading Up 1.3% - What's Next?

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report)'s share price traded up 1.3% on Thursday . The company traded as high as $4.76 and last traded at $4.56. 300,323 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 2,039,032 shares. The stock had previously closed at $4.50.

Wall Street Analysts Forecast Growth

Separately, Benchmark reiterated a "buy" rating and issued a $6.00 target price on shares of Airship AI in a research note on Tuesday, November 19th.

Airship AI Stock Up 2.2 %

The company has a 50-day simple moving average of $4.34 and a 200 day simple moving average of $3.35.

Insider Buying and Selling

In other Airship AI news, CTO Yanda Ma sold 30,000 shares of the company's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total value of $95,400.00. Following the completion of the transaction, the chief technology officer now owns 30,000 shares of the company's stock, valued at $95,400. This represents a 50.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $137,500.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 142,000 shares of company stock valued at $721,600. 57.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Airship AI

Several institutional investors and hedge funds have recently bought and sold shares of the business. Kieckhefer Group LLC bought a new stake in Airship AI in the fourth quarter valued at about $47,000. JPMorgan Chase & Co. grew its stake in shares of 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 period. Geode Capital Management LLC raised its holdings in shares of Airship AI by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company's stock worth $459,000 after buying an additional 21,616 shares in the last quarter. 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 worth $296,000 after buying an additional 45,247 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake 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 buying an additional 12,214 shares in the last quarter. 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.

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