Airship AI (NASDAQ:AISP) Shares Up 7.2% – Here’s What Happened

Airship AI Holdings, Inc. (NASDAQ:AISP) traded up 7.2% on Thursday . The stock traded as high as $6.22 and last traded at $5.94. 2,177,096 shares changed hands during trading, a decline of 20% from the average session volume of 2,728,073 shares. The stock had previously closed at $5.54.

Analyst Ratings Changes

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

Airship AI Stock Performance

The business’s 50-day simple moving average is $2.92 and its 200 day simple moving average is $3.13.

Insiders Place Their Bets

In related news, CTO Yanda Ma sold 30,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $3.39, for a total value of $101,700.00. Following the transaction, the chief technology officer now owns 60,000 shares in the company, valued at approximately $203,400. This represents a 33.33 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 57.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Airship AI

Institutional investors and hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its holdings in Airship AI by 70.6% in the 3rd 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. Geode Capital Management LLC increased its holdings in shares of Airship AI by 12.1% in 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, State Street Corp lifted its holdings in Airship AI by 54.2% in the 3rd 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. 5.89% of the stock is owned by institutional investors and hedge funds.

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.