Airship AI (NASDAQ:AISP) Trading Down 0.1% – Here’s What Happened

Airship AI Holdings, Inc. (NASDAQ:AISP) shares were down 0.1% on Friday . The company traded as low as $4.87 and last traded at $4.93. Approximately 559,241 shares traded hands during trading, a decline of 71% from the average daily volume of 1,908,379 shares. The stock had previously closed at $4.93.

Wall Street Analyst Weigh In

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

Airship AI Stock Up 17.4 %

The stock’s 50 day moving average is $4.58 and its two-hundred day moving average is $3.38.

Insider Activity at Airship AI

In other Airship AI news, CTO Yanda Ma sold 30,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total transaction of $101,700.00. Following the sale, the chief technology officer now owns 60,000 shares in the company, valued at approximately $203,400. The trade was a 33.33 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of Airship AI stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total transaction of $137,500.00. The disclosure for this sale can be found here. Insiders have sold a total of 142,000 shares of company stock valued at $721,600 over the last quarter. 57.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Airship AI

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kieckhefer Group LLC acquired a new stake in Airship AI in the fourth quarter valued at approximately $47,000. JPMorgan Chase & Co. lifted its stake in Airship AI by 1,982.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after purchasing an additional 26,095 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of 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 purchasing an additional 12,214 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Airship AI during the fourth quarter worth approximately $90,000. Finally, State Street Corp boosted its stake in Airship AI by 54.2% during the third 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. 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.