Hongyu Zhou Acquires 139,097 Shares of AiRWA (NASDAQ:YYAI) Stock

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou purchased 139,097 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The stock was purchased at an average price of $1.21 per share, with a total value of $168,307.37. Following the purchase, the director directly owned 491,567 shares of the company’s stock, valued at $594,796.07. The trade was a 39.46% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Hongyu Zhou also recently made the following trade(s):

• On Wednesday, January 7th, Hongyu Zhou acquired 50,000 shares of AiRWA stock. The stock was purchased at an average price of $1.03 per share, for a total transaction of $51,500.00.
• On Tuesday, January 6th, Hongyu Zhou bought 123,088 shares of AiRWA stock. The shares were purchased at an average price of $1.02 per share, with a total value of $125,549.76.
• On Monday, January 5th, Hongyu Zhou purchased 16,830 shares of AiRWA stock. The stock was acquired at an average price of $1.00 per share, for a total transaction of $16,830.00.

AiRWA Price Performance

Shares of NASDAQ YYAI opened at $1.25 on Friday. The business has a 50-day moving average of $1.08 and a two-hundred day moving average of $66.39. The company has a market capitalization of $23.73 million, a price-to-earnings ratio of 0.32 and a beta of -1.97. AiRWA Inc. has a 1 year low of $0.77 and a 1 year high of $264.42.

AiRWA (NASDAQ:YYAI) last released its quarterly earnings data on Tuesday, December 23rd. The company reported $0.00 EPS for the quarter. The business had revenue of $3.00 million for the quarter. AiRWA had a return on equity of 2.22% and a net margin of 6.47%.

Analyst Upgrades and Downgrades

YYAI has been the topic of several research reports. Weiss Ratings reissued a “sell (d)” rating on shares of AiRWA in a research report on Friday, December 26th. Wall Street Zen cut AiRWA from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, AiRWA presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On AiRWA

A hedge fund recently raised its stake in AiRWA stock. XTX Topco Ltd increased its holdings in AiRWA Inc. (NASDAQ:YYAI) by 12.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,761 shares of the company’s stock after purchasing an additional 5,630 shares during the period. XTX Topco Ltd owned 0.35% of AiRWA worth $45,000 as of its most recent SEC filing. Institutional investors and hedge funds own 4.03% of the company’s stock.

About AiRWA

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.