Airship AI (NASDAQ:AISP) Shares Up 4.2% – Here’s What Happened

Airship AI Holdings, Inc. (NASDAQ:AISP)’s stock price shot up 4.2% during trading on Friday . The company traded as high as $4.81 and last traded at $4.74. 665,237 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 2,976,134 shares. The stock had previously closed at $4.55.

Wall Street Analysts Forecast Growth

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

Airship AI Stock Performance

The business has a 50 day moving average price of $3.77 and a 200 day moving average price of $3.24.

Insider Transactions at Airship AI

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of Airship AI stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total transaction of $137,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Yanda Ma sold 60,000 shares of the stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $6.45, for a total transaction of $387,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 142,000 shares of company stock worth $721,600. 57.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Airship AI

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. raised its stake in 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. State Street Corp raised its position in shares of Airship AI by 54.2% in the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock valued at $296,000 after purchasing an additional 45,247 shares during the last quarter. JPMorgan Chase & Co. raised its position 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 purchasing an additional 26,095 shares during the last quarter. Finally, Geode Capital Management LLC boosted 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 purchasing an additional 21,616 shares in the last quarter. Hedge funds and other institutional investors own 5.89% of the company’s stock.

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.