AirSculpt Technologies, Inc.’s (NASDAQ:AIRS) Lock-Up Period To Expire on April 27th

AirSculpt Technologies’ (NASDAQ:AIRSGet Rating) lock-up period is set to end on Wednesday, April 27th. AirSculpt Technologies had issued 7,000,000 shares in its IPO on October 29th. The total size of the offering was $77,000,000 based on an initial share price of $11.00. After the end of AirSculpt Technologies’ lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

A number of equities analysts recently commented on AIRS shares. SVB Leerink increased their price objective on AirSculpt Technologies from $26.00 to $27.00 and gave the stock an “outperform” rating in a report on Monday, March 14th. Zacks Investment Research raised AirSculpt Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, February 2nd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $21.00.

Shares of AirSculpt Technologies stock opened at $11.78 on Wednesday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.79 and a quick ratio of 1.79. The stock’s 50 day moving average is $13.22. AirSculpt Technologies has a 12-month low of $9.83 and a 12-month high of $18.48.

A number of institutional investors have recently made changes to their positions in the business. Penserra Capital Management LLC bought a new stake in AirSculpt Technologies during the fourth quarter worth approximately $38,000. Citigroup Inc. bought a new stake in shares of AirSculpt Technologies in the fourth quarter valued at approximately $40,000. JPMorgan Chase & Co. bought a new stake in shares of AirSculpt Technologies in the fourth quarter valued at approximately $43,000. Bank of America Corp DE bought a new stake in shares of AirSculpt Technologies in the fourth quarter valued at approximately $63,000. Finally, California State Teachers Retirement System bought a new stake in shares of AirSculpt Technologies in the fourth quarter valued at approximately $63,000. 0.53% of the stock is owned by hedge funds and other institutional investors.

AirSculpt Technologies Company Profile (Get Rating)

AirSculpt Technologies, Inc focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. It offers custom body contouring using its AirSculpt procedure that removes unwanted fat in a minimally invasive procedure. The company provides fat removal procedures across treatment areas; and fat transfer procedures that use the patient's own fat cells to enhance the breasts, buttocks, hips, or other areas.

Read More

Receive News & Ratings for AirSculpt Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AirSculpt Technologies and related companies with MarketBeat.com's FREE daily email newsletter.