Airship AI (NASDAQ:AISP) Trading Up 3.3% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP) shares were up 3.3% during mid-day trading on Thursday . The company traded as high as $5.59 and last traded at $5.30. Approximately 889,822 shares were traded during trading, a decline of 65% from the average daily volume of 2,549,814 shares. The stock had previously closed at $5.13.

Wall Street Analysts Forecast Growth

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

Airship AI Stock Performance

The company’s 50 day moving average price is $3.98 and its two-hundred day moving average price is $3.28.

Insider Transactions at Airship AI

In other news, CFO Mark E. Scott sold 22,000 shares of the business’s stock in a transaction 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Yanda Ma sold 30,000 shares of Airship AI stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $3.39, for a total value of $101,700.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 142,000 shares of company stock valued at $721,600. 57.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Airship AI

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Kieckhefer Group LLC acquired a new position in shares of Airship AI during the fourth quarter worth $47,000. JPMorgan Chase & Co. increased its position in Airship AI by 1,982.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock valued at $63,000 after buying an additional 26,095 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake 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 valued at $68,000 after buying an additional 12,214 shares during the last quarter. State Street Corp raised its stake 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 during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Airship AI by 12.1% in 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 in the last quarter. Hedge funds and other institutional investors own 5.89% of the company’s stock.

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.