Airship AI (NASDAQ:AISP) Shares Up 0.2% - What's Next?

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report)'s share price shot up 0.2% on Monday . The stock traded as high as $4.41 and last traded at $4.31. 507,618 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 525,802 shares. The stock had previously closed at $4.30.

Airship AI Stock Up 19.0%

The firm has a market cap of $173.59 million, a price-to-earnings ratio of -2.72 and a beta of 0.29. The business has a 50 day moving average of $5.03 and a 200 day moving average of $4.60.

Airship AI (NASDAQ:AISP - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported ($0.75) earnings per share (EPS) for the quarter. Research analysts predict that Airship AI Holdings, Inc. will post 1.71 earnings per share for the current year.

Insider Transactions at Airship AI

In other news, President Paul M. Allen sold 70,000 shares of the firm's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $5.11, for a total value of $357,700.00. Following the transaction, the president directly owned 51,948 shares in the company, valued at $265,454.28. This trade represents a 57.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Mark E. Scott sold 26,836 shares of the firm's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $6.21, for a total value of $166,651.56. The disclosure for this sale can be found here. Company insiders own 57.90% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AISP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Airship AI by 150.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,130 shares of the company's stock worth $26,000 after purchasing an additional 2,482 shares during the period. Police & Firemen s Retirement System of New Jersey acquired a new stake in Airship AI during the 2nd quarter valued at $30,000. Kieckhefer Group LLC increased its holdings in Airship AI by 79.2% during the 1st quarter. Kieckhefer Group LLC now owns 13,440 shares of the company's stock valued at $52,000 after purchasing an additional 5,940 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Airship AI by 90.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,567 shares of the company's stock valued at $56,000 after buying an additional 4,556 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in shares of Airship AI in the 2nd quarter valued at $70,000. Institutional investors and hedge funds own 5.89% of the company's stock.

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.