Airship AI (NASDAQ:AISP) Trading 14.2% Higher – Should You Buy?

Airship AI Holdings, Inc. (NASDAQ:AISP) shares rose 14.2% during trading on Monday . The company traded as high as $5.34 and last traded at $4.99. Approximately 2,964,982 shares were traded during trading, an increase of 10% from the average daily volume of 2,705,957 shares. The stock had previously closed at $4.37.

Wall Street Analyst Weigh In

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

Airship AI Stock Down 3.0 %

The company’s fifty day moving average price is $2.85 and its 200 day moving average price is $3.11.

Insiders Place Their Bets

In other Airship AI news, CTO Yanda Ma sold 30,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The stock was 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 of the company’s stock, valued at approximately $203,400. The trade was a 33.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 57.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Airship AI

Several large investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its position 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 valued at $68,000 after buying an additional 12,214 shares during the period. State Street Corp raised 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 during the period. Finally, Geode Capital Management LLC boosted its stake in Airship AI by 12.1% in the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock valued at $459,000 after acquiring an additional 21,616 shares during the last quarter. 5.89% of the stock is owned by hedge funds and other institutional investors.

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.