Airship AI (NASDAQ:AISP) Shares Down 0.7% – Here’s Why

Airship AI Holdings, Inc. (NASDAQ:AISP) shares were down 0.7% during mid-day trading on Monday . The stock traded as low as $5.62 and last traded at $5.85. Approximately 2,229,962 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 2,844,458 shares. The stock had previously closed at $5.89.

Analyst Upgrades and Downgrades

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

Airship AI Stock Down 7.0 %

The business’s 50 day moving average price is $3.61 and its 200 day moving average price is $3.22.

Insider Buying and Selling at Airship AI

In other news, CTO Yanda Ma sold 30,000 shares of the company’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 sale, the chief technology officer now owns 30,000 shares of the company’s stock, valued at $95,400. This represents a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Mark E. Scott sold 22,000 shares of the company’s 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. In the last ninety days, insiders sold 142,000 shares of company stock worth $721,600. Insiders own 57.90% of the company’s stock.

Institutional Trading of Airship AI

Several hedge funds have recently bought and sold shares of AISP. State Street Corp raised its stake in shares of Airship AI by 54.2% in 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 period. JPMorgan Chase & Co. increased its holdings 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 acquiring an additional 26,095 shares in the last quarter. Geode Capital Management LLC raised its stake in Airship AI by 12.1% during the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after acquiring an additional 21,616 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Airship AI by 70.6% during 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 in the last quarter. Institutional investors own 5.89% of the company’s stock.

About Airship AI

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.