AirSculpt Technologies, Inc. (NASDAQ:AIRS) is SW Investment Management LLC's 9th Largest Position

SW Investment Management LLC grew its holdings in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS - Free Report) by 5.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,500,000 shares of the company's stock after buying an additional 213,677 shares during the quarter. AirSculpt Technologies accounts for about 5.7% of SW Investment Management LLC's investment portfolio, making the stock its 9th biggest position. SW Investment Management LLC owned 7.82% of AirSculpt Technologies worth $18,000,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of AirSculpt Technologies by 1.0% in the first quarter. Vanguard Group Inc. now owns 576,038 shares of the company's stock valued at $3,537,000 after purchasing an additional 5,606 shares during the period. FourWorld Capital Management LLC purchased a new stake in shares of AirSculpt Technologies in the first quarter valued at approximately $557,000. Finally, Riverview Trust Co purchased a new stake in shares of AirSculpt Technologies in the first quarter valued at approximately $26,000. Institutional investors own 91.54% of the company's stock.

AirSculpt Technologies Trading Up 3.8 %

Shares of NASDAQ AIRS traded up $0.18 during trading hours on Wednesday, reaching $4.93. The stock had a trading volume of 80,241 shares, compared to its average volume of 72,470. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.79. The firm has a market cap of $283.82 million, a price-to-earnings ratio of 242.00 and a beta of 1.58. The business's fifty day moving average price is $4.35 and its two-hundred day moving average price is $4.65. AirSculpt Technologies, Inc. has a 52-week low of $2.92 and a 52-week high of $8.30.

AirSculpt Technologies (NASDAQ:AIRS - Get Free Report) last announced its quarterly earnings results on Friday, August 9th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by ($0.07). The firm had revenue of $51.00 million during the quarter, compared to analysts' expectations of $55.50 million. AirSculpt Technologies had a negative net margin of 1.77% and a positive return on equity of 6.42%. Analysts expect that AirSculpt Technologies, Inc. will post 0.15 EPS for the current fiscal year.

AirSculpt Technologies Profile

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.