Airship AI (NASDAQ:AISP) Trading 4.2% Higher – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s share price traded up 4.2% during trading on Tuesday . The stock traded as high as $5.34 and last traded at $5.29. 613,338 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 2,397,766 shares. The stock had previously closed at $5.07.

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 Price Performance

The stock’s 50 day moving average is $4.06 and its two-hundred day moving average is $3.29.

Insider Buying and Selling

In related news, CTO Yanda Ma sold 60,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $6.45, for a total value of $387,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of the stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total value of $137,500.00. The disclosure for this sale can be found here. In the last three months, insiders sold 142,000 shares of company stock valued at $721,600. 57.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Airship AI

Hedge funds and other institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. raised its stake 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 worth $68,000 after acquiring an additional 12,214 shares in the last quarter. State Street Corp boosted its position 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 buying an additional 45,247 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Airship AI by 12.1% during the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after buying an additional 21,616 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Airship AI by 1,982.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock valued at $63,000 after acquiring an additional 26,095 shares during the last quarter. Finally, Kieckhefer Group LLC bought a new stake in Airship AI during the 4th quarter worth $47,000. 5.89% of the stock is currently owned by institutional investors and hedge funds.

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.