Barclays PLC Has $97,000 Position in AirSculpt Technologies, Inc. (NASDAQ:AIRS)

Barclays PLC increased its stake in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 227.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 19,100 shares of the company’s stock after buying an additional 13,259 shares during the quarter. Barclays PLC’s holdings in AirSculpt Technologies were worth $97,000 at the end of the most recent reporting period.

Separately, SW Investment Management LLC grew its position in AirSculpt Technologies by 5.0% during the second quarter. SW Investment Management LLC now owns 4,500,000 shares of the company’s stock worth $18,000,000 after buying an additional 213,677 shares in the last quarter. 91.54% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Dennis Dean sold 24,510 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $6.54, for a total value of $160,295.40. Following the completion of the transaction, the chief executive officer now directly owns 582,052 shares in the company, valued at approximately $3,806,620.08. This represents a 4.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 78.77% of the company’s stock.

Analysts Set New Price Targets

AIRS has been the topic of a number of analyst reports. BTIG Research initiated coverage on AirSculpt Technologies in a research report on Thursday, October 17th. They set a “neutral” rating on the stock. Piper Sandler reduced their price target on AirSculpt Technologies from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Friday, January 17th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, AirSculpt Technologies presently has a consensus rating of “Hold” and a consensus target price of $5.00.

AirSculpt Technologies Stock Up 3.7 %

NASDAQ AIRS opened at $5.26 on Friday. The business has a fifty day moving average price of $6.00 and a two-hundred day moving average price of $5.31. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.51 and a quick ratio of 0.51. AirSculpt Technologies, Inc. has a fifty-two week low of $2.92 and a fifty-two week high of $9.20. The stock has a market capitalization of $304.46 million, a PE ratio of -37.57 and a beta of 1.71.

AirSculpt Technologies (NASDAQ:AIRS) last released its earnings results on Friday, November 8th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.05). AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. The business had revenue of $42.55 million for the quarter, compared to the consensus estimate of $42.49 million. During the same quarter in the previous year, the company earned ($0.01) earnings per share. Equities analysts expect that AirSculpt Technologies, Inc. will post -0.01 earnings per share for the current fiscal year.

About AirSculpt Technologies

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.