Airship AI (NASDAQ:AISP) Trading Down 0.1% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP) shares fell 0.1% during trading on Friday . The stock traded as low as $4.87 and last traded at $4.93. 559,241 shares changed hands during trading, a decline of 71% from the average session volume of 1,908,379 shares. The stock had previously closed at $4.93.

Analyst Ratings Changes

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

Airship AI Stock Up 17.4 %

The company’s 50 day simple moving average is $4.58 and its 200 day simple moving average is $3.38.

Insider Activity at Airship AI

In other Airship AI news, CTO Yanda Ma sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total transaction of $101,700.00. Following the completion of the sale, the chief technology officer now directly owns 60,000 shares of the company’s stock, valued at $203,400. This represents a 33.33 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of the business’s stock in a transaction that occurred 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. Insiders sold a total of 142,000 shares of company stock valued at $721,600 over the last ninety days. Insiders own 57.90% of the company’s stock.

Hedge Funds Weigh In On Airship AI

Several institutional investors have recently bought and sold shares of the company. Kieckhefer Group LLC acquired a new position in Airship AI during the fourth quarter worth about $47,000. JPMorgan Chase & Co. increased its stake in 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 in the last quarter. Charles Schwab Investment Management Inc. boosted 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 worth $68,000 after purchasing an additional 12,214 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Airship AI in the fourth quarter valued at $90,000. Finally, State Street Corp raised its stake 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 buying an additional 45,247 shares during the last quarter. 5.89% of the stock is owned by institutional investors and hedge funds.

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.