Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) was the recipient of unusually large options trading on Friday. Traders purchased 5,628 call options on the stock. This is an increase of approximately 207% compared to the average volume of 1,832 call options.
Analysts Set New Price Targets
A number of research firms have issued reports on AISP. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Airship AI in a research report on Wednesday, October 8th. Roth Capital set a $8.00 price target on shares of Airship AI in a report on Monday, December 8th. Finally, Wall Street Zen raised shares of Airship AI from a "sell" rating to a "hold" rating in a research report on Saturday, November 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Airship AI has an average rating of "Sell" and an average target price of $8.00.
Get Our Latest Analysis on AISP
Insider Activity at Airship AI
In other Airship AI news, President Paul M. Allen acquired 100,000 shares of the stock in a transaction dated Monday, December 29th. The stock was acquired at an average price of $2.74 per share, with a total value of $274,000.00. Following the completion of the purchase, the president owned 151,948 shares in the company, valued at $416,337.52. This trade represents a 192.50% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Louis Lebedin bought 50,000 shares of the business's stock in a transaction that occurred on Tuesday, November 18th. The shares were acquired at an average cost of $3.18 per share, for a total transaction of $159,000.00. Following the completion of the purchase, the director owned 100,000 shares in the company, valued at $318,000. This trade represents a 100.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 201,000 shares of company stock worth $595,180 in the last three months. 46.80% of the stock is owned by company insiders.
Institutional Investors Weigh In On Airship AI
A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of Airship AI by 18.2% during the third quarter. Vanguard Group Inc. now owns 1,269,819 shares of the company's stock worth $6,565,000 after acquiring an additional 195,760 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Airship AI by 44.2% during the 2nd quarter. Geode Capital Management LLC now owns 459,461 shares of the company's stock worth $2,707,000 after acquiring an additional 140,793 shares in the last quarter. Essex Investment Management Co. LLC lifted its position in shares of Airship AI by 3.7% during the 3rd quarter. Essex Investment Management Co. LLC now owns 320,202 shares of the company's stock worth $1,655,000 after purchasing an additional 11,410 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in Airship AI by 109.4% in the 3rd quarter. Bridgeway Capital Management LLC now owns 158,529 shares of the company's stock valued at $820,000 after acquiring an additional 82,829 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Airship AI by 91.3% in the 1st quarter. AQR Capital Management LLC now owns 82,863 shares of the company's stock valued at $320,000 after buying an additional 39,542 shares in the last quarter. 5.89% of the stock is currently owned by institutional investors.
Airship AI Stock Up 14.6%
Shares of AISP stock traded up $0.53 during trading hours on Friday, hitting $4.13. 1,818,970 shares of the company were exchanged, compared to its average volume of 859,015. The firm has a market cap of $131.63 million, a PE ratio of -2.04 and a beta of 0.34. Airship AI has a 1 year low of $2.71 and a 1 year high of $7.20. The firm has a fifty day moving average of $3.29 and a 200 day moving average of $4.52.
Airship AI (NASDAQ:AISP - Get Free Report) last posted its earnings results on Friday, November 14th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.13. The business had revenue of $1.18 million for the quarter, compared to analyst estimates of $8.30 million. Analysts expect that Airship AI will post 1.71 earnings per share for the current year.
About Airship AI
(
Get Free Report)
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. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Airship AI, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Airship AI wasn't on the list.
While Airship AI currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.