AiRWA (NASDAQ:YYAI) Director Hongyu Zhou Purchases 123,088 Shares

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou bought 123,088 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was acquired at an average price of $1.02 per share, for a total transaction of $125,549.76. Following the completion of the acquisition, the director directly owned 302,470 shares in the company, valued at approximately $308,519.40. This represents a 68.62% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Hongyu Zhou also recently made the following trade(s):

• On Monday, January 5th, Hongyu Zhou bought 16,830 shares of AiRWA stock. The shares were acquired at an average price of $1.00 per share, with a total value of $16,830.00.

AiRWA Stock Performance

NASDAQ YYAI opened at $1.03 on Thursday. AiRWA Inc. has a 1 year low of $0.77 and a 1 year high of $264.42. The business’s fifty day moving average is $1.13 and its two-hundred day moving average is $66.98. The stock has a market capitalization of $19.55 million, a P/E ratio of 0.26 and a beta of -1.97.

AiRWA (NASDAQ:YYAI) last released its quarterly earnings data on Tuesday, December 23rd. The company reported $0.00 earnings per share for the quarter. The business had revenue of $3.00 million during the quarter. AiRWA had a return on equity of 2.22% and a net margin of 6.47%.

Institutional Trading of AiRWA

An institutional investor recently raised its position in AiRWA stock. XTX Topco Ltd boosted its position in AiRWA Inc. (NASDAQ:YYAI) by 12.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,761 shares of the company’s stock after buying an additional 5,630 shares during the quarter. XTX Topco Ltd owned approximately 0.35% of AiRWA worth $45,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 4.03% of the company’s stock.

Wall Street Analysts Forecast Growth

YYAI has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of AiRWA in a research note on Friday, December 26th. Wall Street Zen downgraded shares of AiRWA from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

AiRWA Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.