AirSculpt Technologies Target of Unusually Large Options Trading (NASDAQ:AIRS)

AirSculpt Technologies, Inc. (NASDAQ:AIRS) was the target of unusually large options trading on Friday. Stock traders acquired 15,774 put options on the company. This represents an increase of 1,134% compared to the typical volume of 1,278 put options.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AirSculpt Technologies in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $3.75.

AirSculpt Technologies Stock Down 43.2%

Shares of AIRS traded down $4.53 during mid-day trading on Friday, hitting $5.96. 4,836,605 shares of the company’s stock were exchanged, compared to its average volume of 606,023. The stock’s 50-day moving average is $8.24 and its 200-day moving average is $6.01. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.64 and a current ratio of 0.64. AirSculpt Technologies has a fifty-two week low of $1.53 and a fifty-two week high of $12.00. The company has a market cap of $372.14 million, a price-to-earnings ratio of -23.76 and a beta of 2.57.

AirSculpt Technologies (NASDAQ:AIRS) last issued its quarterly earnings results on Friday, November 7th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03). AirSculpt Technologies had a negative net margin of 8.79% and a negative return on equity of 15.63%. The business had revenue of $34.99 million during the quarter, compared to analysts’ expectations of $39.80 million. AirSculpt Technologies has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that AirSculpt Technologies will post -0.01 earnings per share for the current fiscal year.

Institutional Investors Weigh In On AirSculpt Technologies

Several large investors have recently bought and sold shares of the stock. Vesey Street Capital Partners L.L.C. boosted its stake in shares of AirSculpt Technologies by 3.4% in the 2nd quarter. Vesey Street Capital Partners L.L.C. now owns 30,324,180 shares of the company’s stock valued at $146,466,000 after buying an additional 1,000,000 shares during the period. Balyasny Asset Management L.P. increased its stake in shares of AirSculpt Technologies by 128.5% during the second quarter. Balyasny Asset Management L.P. now owns 1,113,843 shares of the company’s stock worth $5,380,000 after buying an additional 626,309 shares during the period. Vanguard Group Inc. raised its holdings in AirSculpt Technologies by 10.8% in the third quarter. Vanguard Group Inc. now owns 782,543 shares of the company’s stock valued at $6,276,000 after acquiring an additional 76,291 shares in the last quarter. FourWorld Capital Management LLC lifted its stake in AirSculpt Technologies by 50.0% in the second quarter. FourWorld Capital Management LLC now owns 382,886 shares of the company’s stock worth $1,849,000 after acquiring an additional 127,676 shares during the last quarter. Finally, Massar Capital Management LP grew its holdings in AirSculpt Technologies by 686.3% during the 2nd quarter. Massar Capital Management LP now owns 220,150 shares of the company’s stock worth $1,063,000 after acquiring an additional 192,150 shares in the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

AirSculpt Technologies Company Profile

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.