Airship AI (NASDAQ:AISP) Stock Price Up 3% – Here’s Why

Airship AI Holdings, Inc. (NASDAQ:AISP) shares traded up 3% on Friday . The company traded as high as $4.92 and last traded at $4.74. 1,784,573 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 2,042,381 shares. The stock had previously closed at $4.60.

Wall Street Analyst Weigh In

Separately, Benchmark restated a “buy” rating and set a $6.00 price target on shares of Airship AI in a research note on Tuesday, November 19th.

Airship AI Stock Performance

The business’s 50 day moving average price is $4.42 and its two-hundred day moving average price is $3.36.

Insiders Place Their Bets

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total value of $137,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Yanda Ma sold 30,000 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total transaction of $95,400.00. Following the transaction, the chief technology officer now owns 30,000 shares of the company’s stock, valued at approximately $95,400. This represents a 50.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 142,000 shares of company stock valued at $721,600. Insiders own 57.90% of the company’s stock.

Institutional Investors Weigh In On Airship AI

A number of hedge funds have recently bought and sold shares of AISP. Kieckhefer Group LLC purchased a new position in Airship AI in the 4th quarter worth about $47,000. Charles Schwab Investment Management Inc. boosted its stake in Airship AI by 70.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after purchasing an additional 12,214 shares in the last quarter. Geode Capital Management LLC boosted its stake in Airship AI by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after purchasing an additional 21,616 shares in the last quarter. JPMorgan Chase & Co. raised its position in Airship AI by 1,982.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after buying an additional 26,095 shares during the last quarter. Finally, State Street Corp raised its position in Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after buying an additional 45,247 shares during the last quarter. Hedge funds and other institutional investors own 5.89% of the company’s stock.

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.