Insider Selling: Airship AI Holdings, Inc. (NASDAQ:AISP) President Sells 70,000 Shares of Stock

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) 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 transaction, the president now owns 51,948 shares in the company, valued at $265,454.28. The trade was a 57.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Airship AI Stock Up 2.6%

AISP stock traded up $0.14 during mid-day trading on Wednesday, reaching $5.52. The company's stock had a trading volume of 2,415,205 shares, compared to its average volume of 1,360,222. The company's 50 day moving average is $4.52 and its two-hundred day moving average is $4.53. 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) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Airship AI had a negative net margin of 9.97% and a negative return on equity of 75.79%. The company had revenue of $5.50 million during the quarter, compared to analyst estimates of $4.40 million. As a group, analysts forecast that Airship AI Holdings, Inc. will post 1.71 earnings per share for the current fiscal year.

Institutional Trading of Airship AI

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp acquired a new position in shares of Airship AI during the 4th quarter valued at about $90,000. Geode Capital Management LLC boosted its holdings in 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 purchasing an additional 40,991 shares during the last quarter. DRW Securities LLC purchased a new stake in shares of Airship AI in the 4th quarter valued at approximately $91,000. 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 during the period. Finally, Mariner LLC acquired a new stake in shares of Airship AI during the 4th quarter worth approximately $95,000. 5.89% of the stock is owned by institutional investors and hedge funds.

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.

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