Airship AI (NASDAQ:AISP) Stock Price Down 7.1% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s stock price was down 7.1% on Tuesday . The company traded as low as $6.31 and last traded at $6.40. Approximately 3,562,505 shares were traded during mid-day trading, an increase of 28% from the average daily volume of 2,773,187 shares. The stock had previously closed at $6.89.

Wall Street Analysts Forecast Growth

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

Airship AI Trading Down 9.1 %

The business’s fifty day moving average is $3.33 and its 200 day moving average is $3.20.

Insider Buying and Selling

In other Airship AI news, CTO Yanda Ma sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total transaction of $95,400.00. Following the transaction, the chief technology officer now owns 30,000 shares of the company’s stock, valued at $95,400. The trade was a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 57.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Airship AI by 70.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after acquiring an additional 12,214 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Airship AI by 12.1% during the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after buying an additional 21,616 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Airship AI by 1,982.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after buying an additional 26,095 shares during the period. Finally, State Street Corp raised its holdings 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 acquiring an additional 45,247 shares during the period. 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.