Airship AI (NASDAQ:AISP) Trading 14.2% Higher – Here’s What Happened

Airship AI Holdings, Inc. (NASDAQ:AISP)’s share price traded up 14.2% during trading on Monday . The company traded as high as $5.34 and last traded at $4.99. 2,964,982 shares were traded during mid-day trading, an increase of 10% from the average session volume of 2,705,957 shares. The stock had previously closed at $4.37.

Analysts Set New Price Targets

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

Airship AI Stock Down 3.0 %

The firm’s fifty day moving average is $2.85 and its 200-day moving average is $3.11.

Insider Activity

In other news, CTO Yanda Ma sold 30,000 shares of Airship AI stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $3.39, for a total value of $101,700.00. Following the completion of the sale, the chief technology officer now owns 60,000 shares in the company, valued at $203,400. The trade was a 33.33 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 57.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Airship AI

A number of large investors have recently bought and sold shares of AISP. Geode Capital Management LLC boosted its position in shares of Airship AI by 12.1% during 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. State Street Corp boosted its holdings in Airship AI by 54.2% in the third quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after acquiring an additional 45,247 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Airship AI by 70.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after acquiring an additional 12,214 shares during the period. 5.89% of the stock is currently owned by institutional investors and hedge funds.

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.