Raymond James Financial Services Advisors Inc. Has $237,000 Position in AirSculpt Technologies, Inc. (NASDAQ:AIRS)

Raymond James Financial Services Advisors Inc. cut its position in AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 31.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,654 shares of the company’s stock after selling 14,625 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in AirSculpt Technologies were worth $237,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its position in shares of AirSculpt Technologies by 13.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 40,720 shares of the company’s stock valued at $279,000 after buying an additional 4,675 shares in the last quarter. WINTON GROUP Ltd acquired a new position in AirSculpt Technologies in the third quarter valued at about $73,000. Finally, SW Investment Management LLC increased its holdings in shares of AirSculpt Technologies by 11.7% in the third quarter. SW Investment Management LLC now owns 3,811,166 shares of the company’s stock worth $26,068,000 after acquiring an additional 399,892 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

AirSculpt Technologies Trading Down 0.2 %

NASDAQ:AIRS opened at $5.65 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.79 and a quick ratio of 0.79. The business’s 50-day simple moving average is $5.94 and its 200-day simple moving average is $6.44. AirSculpt Technologies, Inc. has a fifty-two week low of $4.49 and a fifty-two week high of $9.94. The stock has a market capitalization of $325.10 million, a PE ratio of -70.63 and a beta of 1.78.

AirSculpt Technologies (NASDAQ:AIRS) last released its quarterly earnings results on Tuesday, February 27th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.11). AirSculpt Technologies had a negative net margin of 2.29% and a positive return on equity of 1.74%. The company had revenue of $47.61 million during the quarter, compared to analyst estimates of $47.83 million. Sell-side analysts expect that AirSculpt Technologies, Inc. will post 0.18 earnings per share for the current fiscal year.

AirSculpt Technologies Company 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.