Airship AI (NASDAQ:AISP) Stock Price Up 7.2% – Here’s What Happened

Airship AI Holdings, Inc. (NASDAQ:AISP) shot up 7.2% on Thursday . The company traded as high as $6.22 and last traded at $5.94. 2,177,096 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 2,728,073 shares. The stock had previously closed at $5.54.

Wall Street Analysts Forecast Growth

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

Airship AI Trading Down 2.6 %

The business’s 50-day simple moving average is $3.07 and its two-hundred day simple moving average is $3.16.

Insider Transactions at Airship AI

In other news, CTO Yanda Ma sold 30,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total value of $101,700.00. Following the transaction, the chief technology officer now directly owns 60,000 shares of the company’s stock, valued at $203,400. The trade was a 33.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 57.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Airship AI

Several large investors have recently added to or reduced their stakes in the business. State Street Corp lifted its stake in Airship AI by 54.2% in 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. JPMorgan Chase & Co. increased its stake in shares of Airship AI by 1,982.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock valued at $63,000 after acquiring an additional 26,095 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of 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 acquiring an additional 21,616 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Airship AI by 70.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after acquiring an additional 12,214 shares in the last quarter. Institutional investors and hedge funds own 5.89% 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.