Airship AI (NASDAQ:AISP) Stock Price Down 2.6% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP) dropped 2.6% on Tuesday . The stock traded as low as $5.00 and last traded at $5.56. Approximately 3,278,674 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 2,723,880 shares. The stock had previously closed at $5.71.

Wall Street Analysts Forecast Growth

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

Airship AI Stock Performance

The business’s 50-day moving average is $2.79 and its two-hundred day moving average is $3.10.

Insider Transactions at Airship AI

In other news, CTO Yanda Ma sold 30,000 shares of Airship AI stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total transaction of $95,400.00. Following the transaction, the chief technology officer now owns 30,000 shares in the company, valued at $95,400. The trade was a 50.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 the company. Geode Capital Management LLC boosted its holdings in Airship AI by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock valued at $459,000 after purchasing an additional 21,616 shares during the last quarter. State Street Corp lifted 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 valued at $296,000 after acquiring an additional 45,247 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position 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 worth $68,000 after acquiring an additional 12,214 shares during the period. Hedge funds and other 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.