Airship AI (NASDAQ:AISP) Shares Up 4.2% – Here’s What Happened

Shares of Airship AI Holdings, Inc. (NASDAQ:AISP) rose 4.2% on Friday . The company traded as high as $4.81 and last traded at $4.74. Approximately 665,237 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 2,976,134 shares. The stock had previously closed at $4.55.

Wall Street Analyst Weigh In

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

Airship AI Stock Up 2.0 %

The stock has a fifty day moving average price of $3.71 and a two-hundred day moving average price of $3.24.

Insider Activity

In related news, CFO Mark E. Scott sold 22,000 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total transaction of $137,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Yanda Ma sold 30,000 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $3.18, for a total transaction of $95,400.00. Following the completion of the transaction, the chief technology officer now owns 30,000 shares in the company, valued at approximately $95,400. The trade was a 50.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 142,000 shares of company stock worth $721,600 over the last quarter. Insiders own 57.90% of the company’s stock.

Institutional Investors Weigh In On Airship AI

A number of hedge funds have recently modified their holdings of AISP. State Street Corp lifted its position in shares of Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock valued at $296,000 after buying an additional 45,247 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Airship AI by 1,982.9% during the third quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock valued at $63,000 after purchasing an additional 26,095 shares during the last quarter. Geode Capital Management LLC boosted its position in Airship AI by 12.1% during the third 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 during the period. Finally, Charles Schwab Investment Management Inc. increased its stake 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 worth $68,000 after purchasing an additional 12,214 shares in the last quarter. 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.