52,197 Shares in AirSculpt Technologies, Inc. (NASDAQ:AIRS) Purchased by Tradewinds LLC.

Tradewinds LLC. purchased a new position in AirSculpt Technologies, Inc. (NASDAQ:AIRS) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 52,197 shares of the company’s stock, valued at approximately $279,000. Tradewinds LLC. owned 0.09% of AirSculpt Technologies at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of AIRS. Virtu Financial LLC acquired a new stake in AirSculpt Technologies during the fourth quarter worth about $91,000. Barclays PLC boosted its position in AirSculpt Technologies by 227.0% in the 3rd quarter. Barclays PLC now owns 19,100 shares of the company’s stock worth $97,000 after purchasing an additional 13,259 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of AirSculpt Technologies by 658.3% during the 4th quarter. JPMorgan Chase & Co. now owns 45,803 shares of the company’s stock worth $238,000 after purchasing an additional 39,763 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of AirSculpt Technologies by 6.4% during the 3rd quarter. Geode Capital Management LLC now owns 355,540 shares of the company’s stock valued at $1,803,000 after purchasing an additional 21,339 shares in the last quarter. 91.54% of the stock is owned by hedge funds and other institutional investors.

AirSculpt Technologies Price Performance

Shares of NASDAQ AIRS opened at $2.14 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.51 and a current ratio of 0.51. The firm has a fifty day moving average of $4.23 and a 200 day moving average of $5.31. The firm has a market cap of $125.35 million, a PE ratio of -15.29 and a beta of 1.69. AirSculpt Technologies, Inc. has a one year low of $2.05 and a one year high of $9.20.

AirSculpt Technologies (NASDAQ:AIRS) last released its earnings results on Friday, March 14th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.05). The company had revenue of $39.18 million for the quarter, compared to analysts’ expectations of $38.99 million. AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. During the same period in the prior year, the firm earned $0.01 EPS. As a group, research analysts predict that AirSculpt Technologies, Inc. will post -0.01 EPS for the current fiscal year.

Analysts Set New Price Targets

AIRS has been the topic of several analyst reports. Leerink Partners cut their price objective on shares of AirSculpt Technologies from $6.50 to $2.50 and set a “market perform” rating for the company in a report on Monday. Piper Sandler cut their price target on AirSculpt Technologies from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, AirSculpt Technologies presently has a consensus rating of “Hold” and an average target price of $3.75.

About AirSculpt Technologies

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.