Raymond James Financial Services Advisors Inc. Has $237,000 Stock Holdings in AirSculpt Technologies, Inc. (NASDAQ:AIRS)

Raymond James Financial Services Advisors Inc. reduced its stake in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 31.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,654 shares of the company’s stock after selling 14,625 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.06% of AirSculpt Technologies worth $237,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of AIRS. SW Investment Management LLC increased its position in AirSculpt Technologies by 11.7% in the 3rd quarter. SW Investment Management LLC now owns 3,811,166 shares of the company’s stock worth $26,068,000 after purchasing an additional 399,892 shares during the last quarter. Bank of New York Mellon Corp raised its position in AirSculpt Technologies by 13.0% during the third quarter. Bank of New York Mellon Corp now owns 40,720 shares of the company’s stock valued at $279,000 after acquiring an additional 4,675 shares in the last quarter. Finally, WINTON GROUP Ltd acquired a new stake in AirSculpt Technologies in the third quarter valued at approximately $73,000. 91.54% of the stock is owned by institutional investors and hedge funds.

AirSculpt Technologies Stock Performance

Shares of AIRS opened at $5.65 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.83. AirSculpt Technologies, Inc. has a 12 month low of $4.49 and a 12 month high of $9.94. The company’s fifty day moving average is $5.94 and its 200-day moving average is $6.44. The firm has a market cap of $325.10 million, a price-to-earnings ratio of -70.63 and a beta of 1.78.

AirSculpt Technologies (NASDAQ:AIRS) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.11). AirSculpt Technologies had a negative net margin of 2.29% and a positive return on equity of 1.74%. The company had revenue of $47.61 million during the quarter, compared to the consensus estimate of $47.83 million. Equities analysts expect that AirSculpt Technologies, Inc. will post 0.18 EPS for the current fiscal year.

AirSculpt Technologies Company Profile

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.