Stock Traders Buy High Volume of Call Options on Airship AI (NASDAQ:AISP)

Airship AI Holdings, Inc. (NASDAQ:AISP) was the recipient of unusually large options trading activity on Thursday. Stock traders acquired 2,992 call options on the stock. This represents an increase of approximately 268% compared to the typical daily volume of 812 call options.

Wall Street Analyst Weigh In

Separately, Benchmark reissued a “buy” rating and set a $6.00 target price on shares of Airship AI in a research report on Tuesday, November 19th.

Airship AI Price Performance

AISP stock opened at $4.37 on Friday. Airship AI has a 1-year low of $1.34 and a 1-year high of $14.32. The stock’s fifty day simple moving average is $2.71 and its two-hundred day simple moving average is $3.09.

Insiders Place Their Bets

In other news, CTO Yanda Ma sold 30,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total value of $101,700.00. Following the completion of the sale, the chief technology officer now directly owns 60,000 shares of the company’s stock, valued at $203,400. This represents a 33.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 57.90% of the company’s stock.

Hedge Funds Weigh In On Airship AI

A number of hedge funds and other institutional investors have recently made changes to their positions in AISP. Geode Capital Management LLC raised its position in Airship AI by 12.1% in the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after acquiring an additional 21,616 shares during the period. State Street Corp increased its stake 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 purchasing an additional 45,247 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Airship AI by 70.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after purchasing an additional 12,214 shares during the period. 5.89% of the stock is owned by hedge funds and other institutional investors.

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.