Airship AI (NASDAQ:AISP) Now Covered by Benchmark

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

Airship AI Stock Performance

AISP opened at $2.85 on Wednesday. The business has a fifty day simple moving average of $2.38 and a 200 day simple moving average of $3.45. Airship AI has a 1 year low of $1.34 and a 1 year high of $14.32.

Airship AI (NASDAQ:AISP) last announced its earnings results on Wednesday, August 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The business had revenue of $6.40 million during the quarter, compared to the consensus estimate of $5.40 million.

Insider Buying and Selling at Airship AI

In other news, President Paul M. Allen sold 30,000 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $3.40, for a total transaction of $102,000.00. Following the sale, the president now directly owns 70,000 shares of the company’s stock, valued at approximately $238,000. This represents a 30.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 15.15% of the company’s stock.

Institutional Investors Weigh In On Airship AI

Several institutional investors and hedge funds have recently bought and sold shares of AISP. Charles Schwab Investment Management Inc. increased its holdings in Airship AI by 70.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after buying an additional 12,214 shares during the period. Virtu Financial LLC bought a new stake in shares of Airship AI during the 1st quarter worth approximately $147,000. State Street Corp boosted its position in shares of Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after acquiring an additional 45,247 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Airship AI by 12.1% in the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock valued at $459,000 after acquiring an additional 21,616 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.