Airship AI's (AISP) Buy Rating Reaffirmed at Benchmark

Airship AI (NASDAQ:AISP - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Benchmark in a research note issued on Tuesday,Benzinga reports. They currently have a $6.00 price target on the stock. Benchmark's target price suggests a potential upside of 121.40% from the company's previous close.

Airship AI Trading Up 1.9 %

Shares of AISP stock traded up $0.05 during trading hours on Tuesday, hitting $2.71. 1,108,035 shares of the company were exchanged, compared to its average volume of 2,694,020. The firm has a fifty day simple moving average of $2.37 and a 200 day simple moving average of $3.37. Airship AI has a 52-week low of $1.34 and a 52-week high of $14.32.

Insider Buying and Selling at Airship AI

In related news, President Paul M. Allen sold 30,000 shares of the firm's stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $3.40, for a total value of $102,000.00. Following the completion of the transaction, the president now directly owns 70,000 shares of the company's stock, valued at approximately $238,000. This trade represents a 30.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 57.90% of the company's stock.

Institutional Investors Weigh In On Airship AI

A number of hedge funds and other institutional investors have recently bought and sold shares of AISP. Geode Capital Management LLC grew its position in shares of 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 purchasing an additional 21,616 shares in the last quarter. State Street Corp boosted its stake in Airship AI by 54.2% in the 3rd quarter. State Street Corp now owns 128,685 shares of the company's stock worth $296,000 after purchasing an additional 45,247 shares during the period. Charles Schwab Investment Management Inc. grew its holdings 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 valued at $68,000 after buying an additional 12,214 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Airship AI during the first quarter valued at about $147,000. Institutional investors own 5.89% of the company's stock.

About Airship AI

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.