AirSculpt Technologies, Inc. (NASDAQ:AIRS) CEO Sells $160,295.40 in Stock

AirSculpt Technologies, Inc. (NASDAQ:AIRS) CEO Dennis Dean sold 24,510 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $6.54, for a total transaction of $160,295.40. Following the completion of the transaction, the chief executive officer now directly owns 582,052 shares of the company’s stock, valued at approximately $3,806,620.08. The trade was a 4.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dennis Dean also recently made the following trade(s):

• On Wednesday, November 13th, Dennis Dean sold 7,719 shares of AirSculpt Technologies stock. The stock was sold at an average price of $7.53, for a total transaction of $58,124.07.

AirSculpt Technologies Stock Down 6.5 %

Shares of NASDAQ AIRS opened at $6.51 on Monday. AirSculpt Technologies, Inc. has a 1 year low of $2.92 and a 1 year high of $9.20. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.51 and a quick ratio of 0.86. The firm has a market cap of $376.80 million, a PE ratio of -46.50 and a beta of 1.57. The company has a 50 day simple moving average of $5.60 and a 200 day simple moving average of $4.75.

AirSculpt Technologies (NASDAQ:AIRS) last issued its quarterly earnings results on Friday, November 8th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.05). AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. The business had revenue of $42.55 million for the quarter, compared to analyst estimates of $42.49 million. During the same quarter last year, the firm posted ($0.01) EPS. On average, research analysts forecast that AirSculpt Technologies, Inc. will post 0.15 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AIRS. Barclays PLC increased its stake in shares of AirSculpt Technologies by 227.0% in the third quarter. Barclays PLC now owns 19,100 shares of the company’s stock valued at $97,000 after buying an additional 13,259 shares during the period. FourWorld Capital Management LLC acquired a new stake in AirSculpt Technologies during the 1st quarter valued at approximately $557,000. Geode Capital Management LLC raised its holdings in AirSculpt Technologies by 6.4% during the 3rd quarter. Geode Capital Management LLC now owns 355,540 shares of the company’s stock worth $1,803,000 after purchasing an additional 21,339 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of AirSculpt Technologies by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 576,038 shares of the company’s stock worth $3,537,000 after purchasing an additional 5,606 shares during the period. Finally, SW Investment Management LLC boosted its stake in shares of AirSculpt Technologies by 5.0% in the 2nd quarter. SW Investment Management LLC now owns 4,500,000 shares of the company’s stock valued at $18,000,000 after purchasing an additional 213,677 shares during the last quarter. 91.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, BTIG Research initiated coverage on AirSculpt Technologies in a report on Thursday, October 17th. They set a “neutral” rating on the stock.

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.