Hongyu Zhou Purchases 744,496 Shares of AiRWA (NASDAQ:YYAI) Stock

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou purchased 744,496 shares of the stock in a transaction dated Monday, January 12th. The stock was bought at an average cost of $1.41 per share, with a total value of $1,049,739.36. Following the transaction, the director owned 1,601,489 shares in the company, valued at $2,258,099.49. The trade was a 86.87% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Sunday, January 11th, Hongyu Zhou acquired 365,426 shares of AiRWA stock. The shares were purchased at an average cost of $1.23 per share, for a total transaction of $449,473.98.
• On Thursday, January 8th, Hongyu Zhou acquired 139,097 shares of AiRWA stock. The shares were purchased at an average price of $1.21 per share, with a total value of $168,307.37.
• On Wednesday, January 7th, Hongyu Zhou bought 50,000 shares of AiRWA stock. The stock was purchased at an average cost of $1.03 per share, with a total value of $51,500.00.
• On Tuesday, January 6th, Hongyu Zhou bought 123,088 shares of AiRWA stock. The stock was purchased at an average price of $1.02 per share, for a total transaction of $125,549.76.
• On Monday, January 5th, Hongyu Zhou purchased 16,830 shares of AiRWA stock. The shares were purchased at an average price of $1.00 per share, for a total transaction of $16,830.00.

AiRWA Stock Up 8.7%

Shares of YYAI opened at $1.37 on Thursday. AiRWA Inc. has a twelve month low of $0.77 and a twelve month high of $264.42. The company has a market capitalization of $26.00 million, a P/E ratio of 0.35 and a beta of -1.97. The firm has a 50 day moving average of $1.07 and a 200 day moving average of $65.48.

AiRWA (NASDAQ:YYAI) last announced its quarterly earnings results on Tuesday, December 23rd. The company reported $0.00 earnings per share (EPS) for the quarter. The firm 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 subject of several analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of AiRWA in a research note 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 an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AiRWA stock. XTX Topco Ltd boosted its holdings in AiRWA Inc. (NASDAQ:YYAI) by 12.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 50,761 shares of the company’s stock after buying 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.

AiRWA Company Profile

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.