Airship AI (NASDAQ:AISP) CEO Victor Huang Buys 40,000 Shares

Airship AI Holdings, Inc. (NASDAQ:AISP) CEO Victor Huang bought 40,000 shares of Airship AI stock in a transaction dated Friday, March 20th. The shares were acquired at an average price of $2.24 per share, with a total value of $89,600.00. Following the completion of the purchase, the chief executive officer directly owned 4,012,567 shares in the company, valued at $8,988,150.08. This trade represents a 1.01% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Airship AI Stock Up 5.2%

Shares of AISP stock traded up $0.12 during trading on Monday, reaching $2.40. 248,744 shares of the company’s stock were exchanged, compared to its average volume of 737,408. Airship AI Holdings, Inc. has a twelve month low of $2.20 and a twelve month high of $7.20. The firm’s fifty day moving average price is $2.90 and its 200-day moving average price is $3.76. The stock has a market capitalization of $82.45 million, a PE ratio of 3.87 and a beta of 0.37.

Airship AI (NASDAQ:AISP) last announced its quarterly earnings results on Tuesday, February 17th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). The business had revenue of $6.49 million for the quarter, compared to analyst estimates of $6.40 million. As a group, analysts anticipate that Airship AI Holdings, Inc. will post 1.71 EPS for the current fiscal year.

Institutional Investors Weigh In On Airship AI

Institutional investors have recently made changes to their positions in the stock. Police & Firemen s Retirement System of New Jersey acquired a new position in Airship AI in the 2nd quarter valued at $30,000. Kovack Advisors Inc. bought a new stake in Airship AI during the fourth quarter worth about $31,000. Quarry LP acquired a new stake in Airship AI during the third quarter worth about $31,000. Independent Advisor Alliance bought a new position in Airship AI in the 4th quarter valued at about $32,000. Finally, SG Americas Securities LLC acquired a new position in shares of Airship AI in the 4th quarter valued at approximately $39,000. 5.89% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

AISP has been the subject of several research analyst reports. Roth Mkm set a $8.00 target price on shares of Airship AI in a report on Monday, December 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Airship AI in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Airship AI presently has an average rating of “Sell” and a consensus price target of $8.00.

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. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.