Airship AI (NASDAQ:AISP) Shares Up 3.3% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s stock price traded up 3.3% during mid-day trading on Thursday . The company traded as high as $5.59 and last traded at $5.30. 889,822 shares were traded during trading, a decline of 65% from the average session volume of 2,549,814 shares. The stock had previously closed at $5.13.

Analyst Upgrades and Downgrades

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

Airship AI Price Performance

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

Insider Activity at Airship AI

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

Hedge Funds Weigh In On Airship AI

A number of hedge funds and other institutional investors have recently bought and sold shares of AISP. State Street Corp lifted its position 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 valued at $296,000 after buying an additional 45,247 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Airship AI by 1,982.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock valued at $63,000 after acquiring an additional 26,095 shares during the period. Geode Capital Management LLC lifted its holdings in 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 during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Airship AI by 70.6% during the third 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. Finally, Kieckhefer Group LLC acquired a new position in shares of Airship AI in the fourth quarter valued at $47,000. 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.