Matauro LLC Purchases Shares of 115,223 AirSculpt Technologies, Inc. $AIRS

Key Points

• Matauro LLC has acquired a new stake in AirSculpt Technologies, purchasing 115,223 shares valued at approximately $557,000, representing about 0.20% ownership by the end of the most recent quarter.
• In addition to Matauro, other institutions have increased their stakes in AirSculpt, with notable investments from American Century Companies Inc., Kapitalo Investimentos Ltda, and Invesco Ltd., highlighting growing institutional interest.
• AirSculpt Technologies reported a revenue of $44.01 million for the last quarter, slightly below expectations, with an earnings per share (EPS) of $0.02, meeting analyst estimates.

Matauro LLC purchased a new stake in AirSculpt Technologies, Inc. (NASDAQ:AIRS - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 115,223 shares of the company's stock, valued at approximately $557,000. Matauro LLC owned about 0.20% of AirSculpt Technologies at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. American Century Companies Inc. bought a new position in shares of AirSculpt Technologies in the 1st quarter valued at about $32,000. Kapitalo Investimentos Ltda bought a new position in shares of AirSculpt Technologies in the 2nd quarter valued at about $51,000. Invesco Ltd. bought a new position in shares of AirSculpt Technologies in the 1st quarter valued at about $56,000. Bank of America Corp DE grew its position in shares of AirSculpt Technologies by 14.8% in the 4th quarter. Bank of America Corp DE now owns 22,313 shares of the company's stock valued at $116,000 after acquiring an additional 2,884 shares during the period. Finally, Citizens Financial Group Inc. RI bought a new position in shares of AirSculpt Technologies in the 1st quarter valued at about $232,000. Institutional investors own 91.54% of the company's stock.

AirSculpt Technologies Stock Performance

Shares of AIRS opened at $7.96 on Friday. The firm has a 50-day moving average of $6.50 and a 200-day moving average of $4.66. AirSculpt Technologies, Inc. has a one year low of $1.53 and a one year high of $9.20. The company has a market cap of $497.00 million, a PE ratio of -31.84 and a beta of 2.53. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.64 and a quick ratio of 0.64.

AirSculpt Technologies (NASDAQ:AIRS - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates of $0.02. AirSculpt Technologies had a negative net margin of 8.79% and a negative return on equity of 15.63%. The company had revenue of $44.01 million during the quarter, compared to the consensus estimate of $45.59 million. During the same quarter last year, the firm posted $0.09 EPS. AirSculpt Technologies has set its FY 2025 guidance at EPS. As a group, equities analysts forecast that AirSculpt Technologies, Inc. will post -0.01 earnings per share 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.

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