Airship AI (NASDAQ:AISP) Earns “Buy” Rating from Benchmark

Airship AI (NASDAQ:AISP)‘s stock had its “buy” rating reaffirmed by analysts at Benchmark in a research report issued on Tuesday,Benzinga reports. They presently have a $6.00 price target on the stock. Benchmark’s target price would suggest a potential upside of 134.38% from the stock’s previous close.

Airship AI Stock Down 5.9 %

NASDAQ:AISP opened at $2.56 on Tuesday. The stock has a 50-day simple moving average of $2.37 and a 200-day simple moving average of $3.34. Airship AI has a 1 year low of $1.34 and a 1 year high of $14.32.

Insider Activity at Airship AI

In related news, President Paul M. Allen sold 30,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $3.40, for a total value of $102,000.00. Following the completion of the sale, the president now directly owns 70,000 shares of the company’s stock, valued at $238,000. This represents a 30.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 57.90% of the company’s stock.

Institutional Trading of Airship AI

A number of large investors have recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in Airship AI by 12.1% during the 3rd 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. State Street Corp increased its stake in Airship AI by 54.2% in the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock valued at $296,000 after purchasing an additional 45,247 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Airship AI by 70.6% during 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 last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Airship AI during the first quarter worth $147,000. 5.89% of the stock is owned by institutional investors and hedge funds.

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.