Airship AI (NASDAQ:AISP) Stock Price Up 3% – Time to Buy?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s stock price rose 3% during mid-day trading on Friday . The company traded as high as $4.92 and last traded at $4.74. Approximately 1,784,573 shares traded hands during trading, a decline of 13% from the average daily volume of 2,042,381 shares. The stock had previously closed at $4.60.

Analyst Upgrades and Downgrades

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

Airship AI Trading Down 0.3 %

The stock’s 50-day moving average is $4.38 and its two-hundred day moving average is $3.36.

Insider Activity

In other news, CTO Yanda Ma sold 30,000 shares of Airship AI stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $3.39, for a total transaction of $101,700.00. Following the sale, the chief technology officer now owns 60,000 shares in the company, valued at $203,400. This trade represents a 33.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of Airship AI stock in a transaction 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. Insiders have sold 142,000 shares of company stock valued at $721,600 in the last ninety days. 57.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Airship AI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AISP. Kieckhefer Group LLC purchased a new position in shares of Airship AI in the 4th quarter worth $47,000. JPMorgan Chase & Co. lifted its holdings 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. Charles Schwab Investment Management Inc. grew its position in Airship AI by 70.6% in 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 grew 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 worth $296,000 after acquiring an additional 45,247 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in 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 acquiring an additional 21,616 shares during the last quarter. 5.89% of the stock is owned by institutional investors.

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.