Airship AI (NASDAQ:AISP) Trading Up 6.6% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s stock price was up 6.6% on Wednesday . The company traded as high as $5.05 and last traded at $5.00. Approximately 913,077 shares changed hands during trading, a decline of 65% from the average daily volume of 2,583,194 shares. The stock had previously closed at $4.69.

Wall Street Analysts Forecast Growth

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

Airship AI Trading Up 6.6 %

The firm’s 50-day moving average price is $3.86 and its 200 day moving average price is $3.25.

Insider Transactions at Airship AI

In related news, CFO Mark E. Scott sold 22,000 shares of the stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $6.25, for a total value of $137,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Yanda Ma sold 30,000 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $3.18, for a total transaction of $95,400.00. Following the completion of the transaction, the chief technology officer now owns 30,000 shares of the company’s stock, valued at $95,400. This represents a 50.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 142,000 shares of company stock worth $721,600. Insiders own 57.90% of the company’s stock.

Hedge Funds Weigh In On Airship AI

A number of institutional investors and hedge funds have recently bought and sold shares of AISP. Kieckhefer Group LLC bought a new position in shares of Airship AI during the 4th quarter valued at about $47,000. JPMorgan Chase & Co. boosted its position 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 valued at $63,000 after purchasing an additional 26,095 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position 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 valued at $68,000 after purchasing an additional 12,214 shares in the last quarter. State Street Corp boosted its position 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 valued at $296,000 after purchasing an additional 45,247 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position 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 valued at $459,000 after purchasing an additional 21,616 shares in the last quarter. 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.