Airship AI (NASDAQ:AISP) Trading Up 3% – What’s Next?

Airship AI Holdings, Inc. (NASDAQ:AISP) rose 3% during trading on Friday . The stock traded as high as $4.92 and last traded at $4.74. Approximately 1,784,573 shares traded hands during trading, a decline of 13% from the average daily volume of 2,042,381 shares. The stock had previously closed at $4.60.

Wall Street Analyst Weigh In

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

Airship AI Price Performance

The business’s 50-day moving average price is $4.38 and its 200 day moving average price is $3.36.

Insider Buying and Selling at Airship AI

In other Airship AI news, CFO Mark E. Scott sold 22,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total value of $137,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Yanda Ma sold 30,000 shares of Airship AI stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $3.39, for a total transaction of $101,700.00. Following the transaction, the chief technology officer now directly owns 60,000 shares in the company, valued at $203,400. This trade represents a 33.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 142,000 shares of company stock valued at $721,600 in the last 90 days. Corporate insiders own 57.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Kieckhefer Group LLC purchased a new stake in Airship AI in the 4th quarter worth approximately $47,000. Charles Schwab Investment Management Inc. increased its position in Airship AI by 70.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock valued at $68,000 after purchasing an additional 12,214 shares during the period. Geode Capital Management LLC raised its holdings 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. JPMorgan Chase & Co. boosted its stake in shares of Airship AI by 1,982.9% during 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 in the last quarter. Finally, State Street Corp boosted its position in Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock valued at $296,000 after acquiring an additional 45,247 shares in the last quarter. 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.