Airship AI (NASDAQ:AISP) Stock Price Down 4.9% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP)’s share price was down 4.9% on Friday . The company traded as low as $5.18 and last traded at $5.48. Approximately 3,838,211 shares were traded during trading, an increase of 40% from the average daily volume of 2,746,438 shares. The stock had previously closed at $5.76.

Analyst Upgrades and Downgrades

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

Airship AI Stock Performance

The company’s 50-day moving average price is $3.07 and its 200 day moving average price is $3.15.

Insider Buying and Selling at Airship AI

In other Airship AI news, CTO Yanda Ma sold 30,000 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total value of $95,400.00. Following the completion of the sale, the chief technology officer now owns 30,000 shares in the company, valued at $95,400. This represents a 50.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 57.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Airship AI

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of Airship AI by 54.2% in the third quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after purchasing an additional 45,247 shares during the period. JPMorgan Chase & Co. boosted its holdings in Airship AI by 1,982.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after buying an additional 26,095 shares during the period. Geode Capital Management LLC increased its stake in Airship AI by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after buying an additional 21,616 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings 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 valued at $68,000 after acquiring an additional 12,214 shares during the period. 5.89% of the stock is owned by hedge funds and other institutional investors.

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.