Tradewinds LLC. Invests $279,000 in AirSculpt Technologies, Inc. (NASDAQ:AIRS)

Tradewinds LLC. acquired a new stake in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 52,197 shares of the company’s stock, valued at approximately $279,000.

Other hedge funds also recently bought and sold shares of the company. Barclays PLC boosted its holdings in shares of AirSculpt Technologies by 227.0% during the 3rd quarter. Barclays PLC now owns 19,100 shares of the company’s stock worth $97,000 after purchasing an additional 13,259 shares during the last quarter. Virtu Financial LLC purchased a new position in AirSculpt Technologies during the fourth quarter worth approximately $91,000. Geode Capital Management LLC boosted its stake in AirSculpt Technologies by 6.4% during the third quarter. Geode Capital Management LLC now owns 355,540 shares of the company’s stock worth $1,803,000 after buying an additional 21,339 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in AirSculpt Technologies by 658.3% in the 4th quarter. JPMorgan Chase & Co. now owns 45,803 shares of the company’s stock valued at $238,000 after buying an additional 39,763 shares in the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

AirSculpt Technologies Stock Performance

NASDAQ AIRS opened at $2.14 on Wednesday. The stock has a fifty day simple moving average of $4.23 and a 200-day simple moving average of $5.31. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.80. The stock has a market cap of $125.35 million, a PE ratio of -15.29 and a beta of 1.69. AirSculpt Technologies, Inc. has a twelve month low of $2.05 and a twelve month high of $9.20.

AirSculpt Technologies (NASDAQ:AIRS) last announced its earnings results on Friday, March 14th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.05). AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. The company had revenue of $39.18 million for the quarter, compared to analysts’ expectations of $38.99 million. During the same period last year, the business earned $0.01 EPS. Equities analysts anticipate that AirSculpt Technologies, Inc. will post -0.01 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on AIRS. Piper Sandler reduced their price target on AirSculpt Technologies from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Friday, January 17th. Leerink Partners decreased their target price on shares of AirSculpt Technologies from $6.50 to $2.50 and set a “market perform” rating on the stock in a report on Monday. Five research analysts have rated the stock with a hold rating, According to MarketBeat, AirSculpt Technologies currently has an average rating of “Hold” and a consensus price target of $3.75.

AirSculpt Technologies Profile

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.