99,166 Shares in AirSculpt Technologies, Inc. (NASDAQ:AIRS) Purchased by Citizens Financial Group Inc. RI

Key Points

• Citizens Financial Group Inc. has made a new investment of approximately $232,000 in AirSculpt Technologies, acquiring 99,166 shares and holding about 0.17% of the company.
• Several other major investors, including JPMorgan Chase & Co. and Bank of America Corp DE, have also increased their stakes in AirSculpt Technologies during the fourth quarter.
• AirSculpt Technologies reported earnings of $0.02 per share, matching consensus estimates, though it had a negative return on equity of 15.63% and a revenue of $44.01 million for the quarter.

Citizens Financial Group Inc. RI bought a new stake in AirSculpt Technologies, Inc. (NASDAQ:AIRS - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 99,166 shares of the company's stock, valued at approximately $232,000. Citizens Financial Group Inc. RI owned approximately 0.17% of AirSculpt Technologies at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in AirSculpt Technologies by 14.8% in the fourth quarter. Bank of America Corp DE now owns 22,313 shares of the company's stock valued at $116,000 after purchasing an additional 2,884 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of AirSculpt Technologies in the fourth quarter worth about $288,000. Tower Research Capital LLC TRC lifted its position in shares of AirSculpt Technologies by 264.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,395 shares of the company's stock worth $28,000 after buying an additional 3,914 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of AirSculpt Technologies in the fourth quarter worth about $138,000. Finally, Barclays PLC lifted its position in shares of AirSculpt Technologies by 9.9% in the fourth quarter. Barclays PLC now owns 20,991 shares of the company's stock worth $109,000 after buying an additional 1,891 shares during the last quarter. Hedge funds and other institutional investors own 91.54% of the company's stock.

AirSculpt Technologies Stock Down 15.1%

Shares of NASDAQ:AIRS traded down $1.11 on Thursday, reaching $6.20. The company had a trading volume of 725,131 shares, compared to its average volume of 484,148. AirSculpt Technologies, Inc. has a twelve month low of $1.53 and a twelve month high of $9.20. The stock has a 50-day moving average price of $5.53 and a 200 day moving average price of $4.19. The stock has a market capitalization of $386.80 million, a P/E ratio of -24.40 and a beta of 2.50. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.58.

AirSculpt Technologies (NASDAQ:AIRS - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.02 earnings per share for the quarter, hitting analysts' consensus estimates of $0.02. AirSculpt Technologies had a negative return on equity of 15.63% and a negative net margin of 8.79%. The company had revenue of $44.01 million during the quarter, compared to analysts' expectations of $45.59 million. During the same quarter in the previous year, the firm earned $0.09 earnings per share. On average, equities analysts expect that AirSculpt Technologies, Inc. will post -0.01 EPS for the current year.

AirSculpt Technologies Company Profile

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.