Roth Capital Forecasts Airship AI FY2024 Earnings

Airship AI Holdings, Inc. (NASDAQ:AISP) – Stock analysts at Roth Capital issued their FY2024 EPS estimates for Airship AI in a research report issued on Sunday, November 17th. Roth Capital analyst S. Searle forecasts that the company will post earnings per share of $1.71 for the year. Roth Capital also issued estimates for Airship AI’s Q4 2024 earnings at ($0.06) EPS, Q1 2025 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.02) EPS and Q3 2025 earnings at $0.01 EPS.

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

Airship AI Stock Performance

Shares of NASDAQ:AISP opened at $2.56 on Wednesday. The company has a 50 day moving average price of $2.37 and a 200 day moving average price of $3.34. Airship AI has a 1-year low of $1.34 and a 1-year high of $14.32.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. raised its holdings 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 buying an additional 12,214 shares during the last quarter. Geode Capital Management LLC lifted its position in Airship AI by 12.1% during 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. Virtu Financial LLC bought a new position in shares of Airship AI in the 1st quarter valued at about $147,000. Finally, State Street Corp grew its position 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 buying an additional 45,247 shares during the period. Institutional investors and hedge funds own 5.89% of the company’s stock.

Insider Activity at Airship AI

In other Airship AI news, President Paul M. Allen sold 30,000 shares of the firm’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $3.40, for a total value of $102,000.00. Following the sale, the president now directly owns 70,000 shares in the company, valued at $238,000. This trade represents a 30.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 57.90% of the company’s stock.

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.