Louis Lebedin Buys 50,000 Shares of Airship AI (NASDAQ:AISP) Stock

Airship AI Holdings, Inc. (NASDAQ:AISP) Director Louis Lebedin purchased 50,000 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was acquired at an average cost of $3.18 per share, with a total value of $159,000.00. Following the completion of the acquisition, the director directly owned 100,000 shares in the company, valued at approximately $318,000. This trade represents a 100.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Airship AI Trading Up 1.7%

AISP traded up $0.06 on Wednesday, hitting $3.27. 650,134 shares of the company’s stock were exchanged, compared to its average volume of 1,219,568. The stock has a fifty day moving average of $4.99 and a two-hundred day moving average of $4.99. Airship AI Holdings, Inc. has a twelve month low of $2.25 and a twelve month high of $7.66. The firm has a market cap of $104.19 million, a PE ratio of -1.61 and a beta of 0.29.

Airship AI (NASDAQ:AISP) last posted its earnings results on Friday, November 14th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.02 by $0.13. The company had revenue of $1.18 million for the quarter, compared to the consensus estimate of $8.30 million. On average, analysts predict that Airship AI Holdings, Inc. will post 1.71 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AISP. JPMorgan Chase & Co. raised its position in Airship AI by 90.9% in the second quarter. JPMorgan Chase & Co. now owns 9,567 shares of the company’s stock worth $56,000 after acquiring an additional 4,556 shares in the last quarter. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Airship AI in the 2nd quarter worth approximately $30,000. Quarry LP bought a new stake in shares of Airship AI in the 3rd quarter worth approximately $31,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Airship AI by 150.5% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,932 shares of the company’s stock worth $64,000 after purchasing an additional 6,568 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Airship AI by 115.1% during the second quarter. Bank of America Corp DE now owns 20,713 shares of the company’s stock valued at $122,000 after purchasing an additional 11,083 shares during the last quarter. 5.89% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on AISP shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Airship AI in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Airship AI from a “hold” rating to a “sell” rating in a report on Friday, October 3rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Airship AI currently has an average rating of “Sell”.

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.