Airship AI (NASDAQ:AISP) Trading Down 8.6% on Insider Selling

Airship AI Holdings, Inc. (NASDAQ:AISP) shares dropped 8.6% on Thursday after an insider sold shares in the company. The stock traded as low as $5.65 and last traded at $5.72. Approximately 1,467,383 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 2,783,564 shares. The stock had previously closed at $6.26.

Specifically, CTO Yanda Ma sold 60,000 shares of the firm’s stock in a transaction dated 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 SEC, which can be accessed through this hyperlink. 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.

Analyst Ratings Changes

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

Airship AI Trading Down 1.3 %

The firm has a 50-day moving average of $3.49 and a 200-day moving average of $3.24.

Institutional Trading of Airship AI

Several large investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. increased its position in shares of Airship AI by 70.6% during the third 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 during the period. Geode Capital Management LLC lifted its stake in shares of 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 during the period. JPMorgan Chase & Co. grew its stake in Airship AI by 1,982.9% in the third quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after purchasing an additional 26,095 shares during the period. Finally, State Street Corp lifted its position in Airship AI by 54.2% during 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 period. 5.89% of the stock is owned by institutional investors.

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.