Airship AI (NASDAQ:AISP) Announces Earnings Results

Airship AI (NASDAQ:AISP) posted its earnings results on Friday. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.02), Zacks reports. Airship AI had a negative return on equity of 76.44% and a net margin of 64.71%.

Airship AI Stock Performance

Shares of NASDAQ:AISP traded up $0.06 during midday trading on Friday, reaching $4.24. 692,414 shares of the company traded hands, compared to its average volume of 2,072,682. Airship AI has a 12 month low of $1.45 and a 12 month high of $14.32. The firm’s fifty day moving average price is $5.20 and its two-hundred day moving average price is $3.57.

Analyst Upgrades and Downgrades

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

Insider Activity at Airship AI

In related news, CTO Yanda Ma sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total transaction of $95,400.00. Following the transaction, the chief technology officer now directly owns 30,000 shares of the company’s stock, valued at approximately $95,400. This trade represents a 50.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Mark E. Scott sold 22,000 shares of Airship AI stock in a transaction that occurred 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 90 days, insiders sold 142,000 shares of company stock valued at $721,600. Corporate insiders own 57.90% 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.