Airship AI (NASDAQ:AISP) Downgraded by Wall Street Zen to Sell

Wall Street Zen lowered shares of Airship AI (NASDAQ:AISP) from a hold rating to a sell rating in a report released on Friday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Airship AI in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Airship AI currently has a consensus rating of “Hold” and an average target price of $6.00.

Airship AI Stock Up 3.0%

Shares of AISP stock opened at $5.84 on Friday. The firm has a market cap of $186.35 million, a P/E ratio of -2.92 and a beta of 0.31. The company has a 50 day moving average of $4.98 and a 200-day moving average of $4.78. Airship AI has a 12-month low of $1.90 and a 12-month high of $7.66.

Airship AI (NASDAQ:AISP) last issued its earnings results on Tuesday, August 5th. The company reported ($0.75) earnings per share (EPS) for the quarter. As a group, equities analysts expect that Airship AI will post 1.71 EPS for the current year.

Institutional Investors Weigh In On Airship AI

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Police & Firemen s Retirement System of New Jersey bought a new stake in Airship AI during the second quarter valued at approximately $30,000. Kieckhefer Group LLC lifted its holdings in shares of Airship AI by 79.2% during the 1st quarter. Kieckhefer Group LLC now owns 13,440 shares of the company’s stock worth $52,000 after acquiring an additional 5,940 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Airship AI by 90.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,567 shares of the company’s stock worth $56,000 after acquiring an additional 4,556 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Airship AI by 150.5% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,932 shares of the company’s stock worth $64,000 after acquiring an additional 6,568 shares in the last quarter. Finally, Intech Investment Management LLC bought a new position in Airship AI in the second quarter valued at $70,000. 5.89% of the stock is owned by hedge funds and other institutional investors.

Airship AI Company Profile

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.