Airship AI (NASDAQ:AISP) Trading 14.2% Higher – Here’s What Happened

Airship AI Holdings, Inc. (NASDAQ:AISP) shares rose 14.2% on Monday . The stock traded as high as $5.34 and last traded at $4.99. Approximately 2,964,982 shares traded hands during trading, an increase of 10% from the average daily volume of 2,705,957 shares. The stock had previously closed at $4.37.

Analyst Upgrades and Downgrades

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

Airship AI Price Performance

The company has a fifty day simple moving average of $2.71 and a two-hundred day simple moving average of $3.08.

Insider Activity at Airship AI

In related news, CTO Yanda Ma sold 30,000 shares of Airship AI stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total transaction of $101,700.00. Following the completion of the transaction, the chief technology officer now directly owns 60,000 shares in the company, valued at $203,400. The trade was a 33.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 57.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Airship AI

A number of large investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. lifted its position in shares of Airship AI by 70.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after acquiring an additional 12,214 shares in the last quarter. State Street Corp raised its stake in Airship AI by 54.2% in 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 during the last quarter. Finally, Geode Capital Management LLC lifted 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 purchasing an additional 21,616 shares in the last quarter. Institutional investors and hedge funds 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.