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

Migdal Insurance & Financial Holdings Ltd. bought a new stake in Airship AI Holdings, Inc. (NASDAQ:AISP - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 788,857 shares of the company's stock, valued at approximately $3,045,000. Migdal Insurance & Financial Holdings Ltd. owned 2.48% of Airship AI at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Barclays PLC grew its stake in shares of Airship AI by 29.0% in the 4th quarter. Barclays PLC now owns 12,746 shares of the company's stock valued at $80,000 after buying an additional 2,865 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Airship AI in the 4th quarter valued at approximately $90,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Airship AI by 150.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,130 shares of the company's stock valued at $26,000 after buying an additional 2,482 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Airship AI by 20.5% in the 4th quarter. Geode Capital Management LLC now owns 240,692 shares of the company's stock valued at $1,507,000 after buying an additional 40,991 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Airship AI by 9.0% in the 4th quarter. Northern Trust Corp now owns 73,138 shares of the company's stock valued at $458,000 after buying an additional 6,031 shares in the last quarter. Institutional investors and hedge funds own 5.89% of the company's stock.

Insiders Place Their Bets

In other Airship AI news, President Paul M. Allen sold 70,000 shares of the stock in a transaction on 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 in the company, valued at $265,454.28. This represents a 57.40% decrease in their ownership of the stock. 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 on Monday, June 30th. The stock was 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 Trading Down 2.8%

Airship AI stock traded down $0.16 during trading hours on Monday, reaching $5.62. 2,080,143 shares of the company were exchanged, compared to its average volume of 1,440,644. The firm has a market cap of $178.96 million, a price-to-earnings ratio of -8.39 and a beta of 0.33. The stock has a 50-day moving average of $5.18 and a 200 day moving average of $4.65. Airship AI Holdings, Inc. has a 12 month low of $1.90 and a 12 month high of $7.66.

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

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.