Charles Schwab Investment Management Inc. Has $219,000 Stake in AirSculpt Technologies, Inc. $AIRS

Charles Schwab Investment Management Inc. lowered its stake in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 6.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,909 shares of the company’s stock after selling 6,762 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.16% of AirSculpt Technologies worth $219,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC lifted its holdings in AirSculpt Technologies by 264.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,395 shares of the company’s stock worth $28,000 after purchasing an additional 3,914 shares in the last quarter. Wells Fargo & Company MN increased its stake in AirSculpt Technologies by 51.7% in the 4th quarter. Wells Fargo & Company MN now owns 6,195 shares of the company’s stock worth $32,000 after purchasing an additional 2,112 shares during the period. Barclays PLC increased its stake in shares of AirSculpt Technologies by 9.9% during the fourth quarter. Barclays PLC now owns 20,991 shares of the company’s stock valued at $109,000 after buying an additional 1,891 shares during the period. Bank of America Corp DE increased its stake in shares of AirSculpt Technologies by 14.8% during the fourth quarter. Bank of America Corp DE now owns 22,313 shares of the company’s stock valued at $116,000 after buying an additional 2,884 shares during the period. Finally, Citizens Financial Group Inc. RI purchased a new position in shares of AirSculpt Technologies during the 1st quarter worth approximately $232,000. Institutional investors own 91.54% of the company’s stock.

AirSculpt Technologies Trading Down 6.3%

AirSculpt Technologies stock opened at $5.90 on Friday. The company has a market capitalization of $368.40 million, a price-to-earnings ratio of -23.60 and a beta of 2.49. AirSculpt Technologies, Inc. has a 12 month low of $1.53 and a 12 month high of $9.20. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.58. The business’s fifty day simple moving average is $5.97 and its two-hundred day simple moving average is $4.30.

AirSculpt Technologies (NASDAQ:AIRS) last posted its earnings results on Friday, August 1st. The company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. AirSculpt Technologies had a negative return on equity of 15.63% and a negative net margin of 8.79%.The company had revenue of $44.01 million for the quarter, compared to the consensus estimate of $45.59 million. During the same quarter in the prior year, the company earned $0.09 earnings per share. AirSculpt Technologies has set its FY 2025 guidance at EPS. As a group, equities analysts predict that AirSculpt Technologies, Inc. will post -0.01 earnings per share for the current fiscal year.

About AirSculpt Technologies

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.