Roth Capital Has Negative Outlook for Airship AI Q4 Earnings

Airship AI Holdings, Inc. (NASDAQ:AISP - Free Report) - Equities researchers at Roth Capital reduced their Q4 2024 EPS estimates for shares of Airship AI in a research report issued on Monday, February 3rd. Roth Capital analyst S. Searle now anticipates that the company will earn ($0.08) per share for the quarter, down from their prior forecast of ($0.06). The consensus estimate for Airship AI's current full-year earnings is $1.71 per share. Roth Capital also issued estimates for Airship AI's Q1 2025 earnings at ($0.05) EPS and FY2025 earnings at ($0.04) EPS.

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

Airship AI Stock Up 17.4 %

NASDAQ:AISP traded up $0.86 during midday trading on Wednesday, hitting $5.79. The company had a trading volume of 4,021,698 shares, compared to its average volume of 1,498,096. The stock's fifty day moving average price is $4.63 and its 200-day moving average price is $3.39. Airship AI has a 52-week low of $1.34 and a 52-week high of $14.32.

Institutional Investors Weigh In On Airship AI

Hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its position in shares of Airship AI by 12.1% during the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company's stock worth $459,000 after purchasing an additional 21,616 shares during the last quarter. State Street Corp lifted its position in shares of 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 acquiring an additional 45,247 shares in the last quarter. Charles Schwab Investment Management Inc. boosted 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 worth $68,000 after acquiring an additional 12,214 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of 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 purchasing an additional 26,095 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Airship AI in the 4th quarter valued at $90,000. Hedge funds and other institutional investors own 5.89% of the company's stock.

Insider Buying and Selling

In related news, CTO Yanda Ma sold 30,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $3.18, for a total value of $95,400.00. Following the transaction, the chief technology officer now owns 30,000 shares of the company's stock, valued at approximately $95,400. This trade represents a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Mark E. Scott sold 22,000 shares of the company's stock in a transaction 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. Insiders have sold a total of 142,000 shares of company stock worth $721,600 in the last quarter. Corporate insiders own 57.90% 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.