Airship AI (NASDAQ:AISP) Stock Price Up 4.2% – Here’s Why

Airship AI Holdings, Inc. (NASDAQ:AISP) was up 4.2% on Tuesday . The company traded as high as $5.34 and last traded at $5.29. Approximately 613,338 shares changed hands during trading, a decline of 74% from the average daily volume of 2,397,766 shares. The stock had previously closed at $5.07.

Wall Street Analyst Weigh In

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

Airship AI Stock Up 10.5 %

The business’s 50 day simple moving average is $4.06 and its two-hundred day simple moving average is $3.29.

Insider Activity at Airship AI

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total value of $137,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Yanda Ma sold 60,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $6.45, for a total transaction of $387,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 142,000 shares of company stock valued at $721,600. 57.90% of the stock is owned by insiders.

Institutional Trading of Airship AI

Several hedge funds and other institutional investors have recently bought and sold shares of AISP. State Street Corp increased its stake in shares of Airship AI by 54.2% in the third quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after buying an additional 45,247 shares during the period. JPMorgan Chase & Co. grew its holdings in Airship AI by 1,982.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after acquiring an additional 26,095 shares during the last quarter. Geode Capital Management LLC increased its position in shares of 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 period. Charles Schwab Investment Management Inc. raised its stake in shares of Airship AI by 70.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after acquiring an additional 12,214 shares during the last quarter. Finally, Kieckhefer Group LLC purchased a new stake in shares of Airship AI during the fourth quarter worth about $47,000. Hedge funds and other institutional investors own 5.89% of the company’s stock.

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.