AirSculpt Technologies, Inc. (NASDAQ:AIRS) CEO Sells $58,124.07 in Stock

AirSculpt Technologies, Inc. (NASDAQ:AIRS) CEO Dennis Dean sold 7,719 shares of AirSculpt Technologies stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $7.53, for a total value of $58,124.07. Following the sale, the chief executive officer now directly owns 628,940 shares in the company, valued at $4,735,918.20. The trade was a 1.21 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Dennis Dean also recently made the following trade(s):

• On Friday, November 15th, Dennis Dean sold 24,510 shares of AirSculpt Technologies stock. The shares were sold at an average price of $6.54, for a total value of $160,295.40.

AirSculpt Technologies Stock Performance

NASDAQ:AIRS opened at $6.51 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.51 and a debt-to-equity ratio of 0.80. The firm has a 50-day moving average price of $5.60 and a 200 day moving average price of $4.75. The firm has a market capitalization of $376.80 million, a PE ratio of -46.50 and a beta of 1.57. AirSculpt Technologies, Inc. has a 12-month low of $2.92 and a 12-month high of $9.20.

AirSculpt Technologies (NASDAQ:AIRS) last issued its earnings results on Friday, November 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.05). The company had revenue of $42.55 million during the quarter, compared to analyst estimates of $42.49 million. AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. During the same period in the previous year, the company posted ($0.01) earnings per share. Research analysts anticipate that AirSculpt Technologies, Inc. will post 0.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC grew its holdings in shares of AirSculpt Technologies by 227.0% in the 3rd quarter. Barclays PLC now owns 19,100 shares of the company’s stock worth $97,000 after purchasing an additional 13,259 shares during the last quarter. FourWorld Capital Management LLC acquired a new position in AirSculpt Technologies in the first quarter valued at about $557,000. Geode Capital Management LLC boosted its position in AirSculpt Technologies by 6.4% in the third quarter. Geode Capital Management LLC now owns 355,540 shares of the company’s stock valued at $1,803,000 after buying an additional 21,339 shares in the last quarter. Vanguard Group Inc. grew its stake in AirSculpt Technologies by 1.0% during the first quarter. Vanguard Group Inc. now owns 576,038 shares of the company’s stock worth $3,537,000 after buying an additional 5,606 shares during the last quarter. Finally, SW Investment Management LLC increased its holdings in shares of AirSculpt Technologies by 5.0% during the second quarter. SW Investment Management LLC now owns 4,500,000 shares of the company’s stock worth $18,000,000 after buying an additional 213,677 shares in the last quarter. 91.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, BTIG Research began coverage on shares of AirSculpt Technologies in a report on Thursday, October 17th. They issued a “neutral” rating on the stock.

About AirSculpt Technologies

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.