788,857 Shares in Airship AI Holdings, Inc. (NASDAQ:AISP) Acquired by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Airship AI Holdings, Inc. (NASDAQ:AISP - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 788,857 shares of the company's stock, valued at approximately $3,045,000. Migdal Insurance & Financial Holdings Ltd. owned about 2.48% of Airship AI as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Airship AI by 150.6% during the 4th 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 in the last quarter. Kieckhefer Group LLC lifted its stake in Airship AI by 79.2% during the 1st quarter. Kieckhefer Group LLC now owns 13,440 shares of the company's stock worth $52,000 after acquiring an additional 5,940 shares in the last quarter. XTX Topco Ltd acquired a new position in Airship AI during the 4th quarter worth about $75,000. Barclays PLC lifted its stake in Airship AI by 29.0% during the 4th quarter. Barclays PLC now owns 12,746 shares of the company's stock worth $80,000 after acquiring an additional 2,865 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in Airship AI during the 4th quarter worth about $90,000. Institutional investors and hedge funds own 5.89% of the company's stock.

Insider Transactions at Airship AI

In other news, President Paul M. Allen sold 70,000 shares of the 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 owned 51,948 shares in the company, valued at approximately $265,454.28. This represents a 57.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Mark E. Scott sold 26,836 shares of the 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. Corporate insiders own 57.90% of the company's stock.

Airship AI Stock Performance

AISP stock traded up $0.09 during mid-day trading on Friday, reaching $5.78. The company had a trading volume of 2,094,926 shares, compared to its average volume of 1,433,888. The company has a market capitalization of $184.06 million, a price-to-earnings ratio of -8.63 and a beta of 0.33. The firm has a fifty day simple moving average of $5.18 and a 200 day simple moving average of $4.67. Airship AI Holdings, Inc. has a fifty-two week low of $1.90 and a fifty-two week high of $7.66.

Airship AI (NASDAQ:AISP - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). The business had revenue of $5.50 million during the quarter, compared to the consensus estimate of $4.40 million. As a group, analysts predict that Airship AI Holdings, Inc. will post 1.71 earnings per share for the current year.

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.