Airship AI (NASDAQ:AISP) Stock Price Down 5.1% – Here’s What Happened

Airship AI Holdings, Inc. (NASDAQ:AISP)’s stock price was down 5.1% on Monday . The stock traded as low as $4.80 and last traded at $5.07. Approximately 1,756,861 shares were traded during trading, a decline of 59% from the average daily volume of 4,261,351 shares. The stock had previously closed at $5.34.

Analysts Set New Price Targets

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

Airship AI Stock Performance

The business’s fifty day moving average price is $4.02 and its two-hundred day moving average price is $3.28.

Insider Buying and Selling at Airship AI

In other Airship AI news, CTO Yanda Ma sold 60,000 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $6.45, for a total transaction of $387,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Mark E. Scott sold 22,000 shares of the business’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 disclosure for this sale can be found here. Insiders have sold a total of 142,000 shares of company stock worth $721,600 over the last three months. Corporate insiders own 57.90% of the company’s stock.

Hedge Funds Weigh In On Airship AI

Several large investors have recently bought and sold shares of AISP. State Street Corp grew its holdings 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 worth $296,000 after purchasing an additional 45,247 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Airship AI by 1,982.9% during the third quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after buying an additional 26,095 shares in the last quarter. Geode Capital Management LLC increased its holdings in Airship AI by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock valued at $459,000 after buying an additional 21,616 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Airship AI by 70.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after buying an additional 12,214 shares in the last quarter. Finally, Kieckhefer Group LLC bought a new position in shares of Airship AI during the 4th quarter worth about $47,000. 5.89% of the stock is currently owned by institutional investors and hedge funds.

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.