Airship AI (NASDAQ:AISP) Trading Up 0.2% - Still a Buy?

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

Airship AI Trading Up 0.2%

The stock has a market capitalization of $137.53 million, a P/E ratio of -2.16 and a beta of 0.29. The firm's fifty day moving average is $5.11 and its 200-day moving average is $4.59.

Airship AI (NASDAQ:AISP - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.75) EPS for the quarter. Equities research analysts expect that Airship AI Holdings, Inc. will post 1.71 EPS for the current year.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Airship AI

Institutional investors have recently modified their holdings of the stock. Barclays PLC raised its stake in shares of Airship AI by 29.0% in the fourth quarter. Barclays PLC now owns 12,746 shares of the company's stock worth $80,000 after acquiring an additional 2,865 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Airship AI by 150.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,130 shares of the company's stock worth $26,000 after acquiring an additional 2,482 shares during the last quarter. Northern Trust Corp raised its stake in shares of Airship AI by 9.0% in the fourth quarter. Northern Trust Corp now owns 73,138 shares of the company's stock worth $458,000 after acquiring an additional 6,031 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Airship AI in the first quarter worth about $3,045,000. Finally, Virtu Financial LLC bought a new position in shares of Airship AI in the first quarter worth about $132,000. 5.89% of the stock is owned by institutional investors.

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.

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