Airship AI (NASDAQ:AISP) Research Coverage Started at Benchmark

Benchmark began coverage on shares of Airship AI (NASDAQ:AISP) in a research report report published on Wednesday morning, Marketbeat.com reports. The firm issued a buy rating and a $6.00 price target on the stock.

Airship AI Stock Performance

Shares of Airship AI stock opened at $2.85 on Wednesday. Airship AI has a 1-year low of $1.34 and a 1-year high of $14.32. The business has a 50-day moving average of $2.37 and a 200-day moving average of $3.48.

Airship AI (NASDAQ:AISP) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. The company had revenue of $6.40 million for the quarter, compared to the consensus estimate of $5.40 million.

Insider Transactions at Airship AI

In other Airship AI news, President Paul M. Allen sold 30,000 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $3.40, for a total value of $102,000.00. Following the transaction, the president now owns 70,000 shares of the company’s stock, valued at $238,000. This trade represents a 30.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 15.15% of the company’s stock.

Hedge Funds Weigh In On Airship AI

A number of large investors have recently bought and sold shares of AISP. Charles Schwab Investment Management Inc. lifted its holdings 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 during the last quarter. Virtu Financial LLC bought a new stake in shares of Airship AI during the first quarter valued at approximately $147,000. Finally, State Street Corp raised its holdings in shares of Airship AI by 54.2% during 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. 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.