AIRO Group Holdings, Inc. (NASDAQ:AIRO - Get Free Report)'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $20.50, but opened at $18.20. AIRO Group shares last traded at $18.68, with a volume of 771,657 shares.
Wall Street Analyst Weigh In
AIRO has been the topic of a number of recent analyst reports. BTIG Research assumed coverage on AIRO Group in a research note on Tuesday, July 8th. They issued a "buy" rating and a $26.00 price objective on the stock. Wall Street Zen upgraded AIRO Group from a "sell" rating to a "hold" rating in a research report on Saturday, August 16th. Cantor Fitzgerald set a $35.00 price objective on AIRO Group and gave the stock an "overweight" rating in a report on Tuesday, July 15th. Finally, Mizuho initiated coverage on AIRO Group in a research note on Tuesday, July 8th. They issued an "outperform" rating and a $31.00 target price on the stock. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $30.67.
Read Our Latest Research Report on AIRO Group
AIRO Group Trading Up 1.4%
The business has a 50-day moving average price of $22.54.
AIRO Group (NASDAQ:AIRO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The company reported $0.30 EPS for the quarter.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of AIRO. Raymond James Financial Inc. acquired a new stake in AIRO Group during the 2nd quarter worth $43,000. Bank of America Corp DE purchased a new position in AIRO Group during the 2nd quarter valued at about $60,000. Manchester Capital Management LLC purchased a new position in AIRO Group during the 2nd quarter valued at about $86,000. Newbridge Financial Services Group Inc. purchased a new position in AIRO Group during the 2nd quarter valued at about $91,000. Finally, Creative Planning purchased a new stake in shares of AIRO Group during the second quarter worth about $217,000.
About AIRO Group
(
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We are a technologically differentiated aerospace, autonomy, and air mobility platform targeting 21st century aerospace and defense opportunities. We leverage decades of industry expertise and connections across the drone, aviation, and avionics markets to provide leading solutions to the aerospace and defense market.
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