Airship AI (NASDAQ:AISP) Trading 1.3% Higher – Should You Buy?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s share price rose 1.3% on Thursday . The stock traded as high as $4.76 and last traded at $4.56. Approximately 300,323 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 2,039,032 shares. The stock had previously closed at $4.50.

Analyst Ratings Changes

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

Airship AI Stock Down 2.8 %

The firm’s fifty day moving average price is $4.42 and its 200-day moving average price is $3.36.

Insider Buying and Selling at Airship AI

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total value of $137,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Yanda Ma sold 30,000 shares of the business’s 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 directly 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 disclosure for this sale can be found here. Insiders sold 142,000 shares of company stock valued at $721,600 in the last quarter. Company insiders own 57.90% of the company’s stock.

Institutional Investors Weigh In On Airship AI

Several institutional investors and hedge funds have recently modified their holdings of AISP. Charles Schwab Investment Management Inc. increased its position in shares of Airship AI by 70.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after buying an additional 12,214 shares during the period. State Street Corp grew its holdings in shares of Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after acquiring an additional 45,247 shares during the period. Geode Capital Management LLC raised its position 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 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 purchasing an additional 26,095 shares during the period. Finally, Kieckhefer Group LLC bought a new stake in shares of Airship AI during the fourth quarter valued at approximately $47,000. 5.89% of the stock is owned by hedge funds and other 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.