Airship AI (NASDAQ:AISP) CEO Victor Huang Purchases 40,000 Shares

Airship AI Holdings, Inc. (NASDAQ:AISP) CEO Victor Huang bought 40,000 shares of Airship AI stock in a transaction on Friday, March 20th. The shares were bought at an average price of $2.24 per share, for a total transaction of $89,600.00. Following the acquisition, the chief executive officer owned 4,012,567 shares of the company’s stock, valued at approximately $8,988,150.08. The trade was a 1.01% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Airship AI Price Performance

Shares of AISP stock opened at $2.38 on Tuesday. The stock has a market cap of $81.80 million, a PE ratio of 3.84 and a beta of 0.37. The stock has a 50-day moving average of $2.88 and a 200-day moving average of $3.75. Airship AI Holdings, Inc. has a one year low of $2.20 and a one year high of $7.20.

Airship AI (NASDAQ:AISP) last released its quarterly earnings data on Tuesday, February 17th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). The firm had revenue of $6.49 million for the quarter, compared to the consensus estimate of $6.40 million. As a group, research analysts anticipate that Airship AI Holdings, Inc. will post 1.71 earnings per share for the current year.

Institutional Investors Weigh In On Airship AI

Several institutional investors have recently bought and sold shares of the company. Invesco Ltd. acquired a new position in Airship AI during the 1st quarter worth approximately $93,000. AQR Capital Management LLC raised its holdings in shares of Airship AI by 91.3% in the first quarter. AQR Capital Management LLC now owns 82,863 shares of the company’s stock valued at $320,000 after purchasing an additional 39,542 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Airship AI by 44.2% in the second quarter. Geode Capital Management LLC now owns 459,461 shares of the company’s stock valued at $2,707,000 after purchasing an additional 140,793 shares during the last quarter. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Airship AI in the second quarter worth $30,000. Finally, Intech Investment Management LLC bought a new stake in shares of Airship AI in the second quarter worth $70,000. Institutional investors own 5.89% of the company’s stock.

Analyst Upgrades and Downgrades

AISP has been the subject of a number of recent analyst reports. Roth Mkm set a $8.00 price objective on shares of Airship AI in a research report on Monday, December 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Airship AI in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell” and an average target price of $8.00.

About Airship AI

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. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.