Airship AI (NASDAQ:AISP) Shares Down 2.9% – Should You Sell?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s share price traded down 2.9% during mid-day trading on Wednesday . The company traded as low as $5.66 and last traded at $5.64. 751,786 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 2,394,670 shares. The stock had previously closed at $5.81.

Analyst Ratings Changes

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

Airship AI Trading Down 2.4 %

The firm has a fifty day moving average of $4.11 and a two-hundred day moving average of $3.30.

Insiders Place Their Bets

In related news, CFO Mark E. Scott sold 22,000 shares of the business’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total transaction of $137,500.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Yanda Ma sold 60,000 shares of Airship AI stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $6.45, for a total value of $387,000.00. 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 in the last quarter. Insiders own 57.90% of the company’s stock.

Institutional Trading of Airship AI

Several large investors have recently bought and sold shares of AISP. Kieckhefer Group LLC bought a new stake in Airship AI during the 4th quarter valued at approximately $47,000. JPMorgan Chase & Co. boosted its position in shares of 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. boosted its position in shares of 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. State Street Corp boosted its position in shares of Airship AI by 54.2% in the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after purchasing an additional 45,247 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of 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. 5.89% of the stock is owned by institutional investors.

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.