Migdal Insurance & Financial Holdings Ltd. Cuts Stock Position in Airship AI Holdings, Inc. $AISP

Migdal Insurance & Financial Holdings Ltd. lowered its position in Airship AI Holdings, Inc. (NASDAQ:AISP) by 23.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 600,000 shares of the company’s stock after selling 188,857 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned approximately 1.88% of Airship AI worth $3,534,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Kieckhefer Group LLC grew its position in shares of Airship AI by 79.2% in the 1st quarter. Kieckhefer Group LLC now owns 13,440 shares of the company’s stock worth $52,000 after buying an additional 5,940 shares during the last quarter. Invesco Ltd. purchased a new position in shares of Airship AI in the 1st quarter worth approximately $93,000. Virtu Financial LLC purchased a new position in shares of Airship AI in the 1st quarter worth approximately $132,000. Finally, AQR Capital Management LLC grew its position in shares of Airship AI by 91.3% in the 1st quarter. AQR Capital Management LLC now owns 82,863 shares of the company’s stock worth $320,000 after buying an additional 39,542 shares during the last quarter. Hedge funds and other institutional investors own 5.89% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AISP shares. Wall Street Zen downgraded shares of Airship AI from a “hold” rating to a “sell” rating in a research report on Friday, October 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Airship AI in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Airship AI presently has a consensus rating of “Hold” and a consensus target price of $6.00.

Airship AI Trading Down 2.0%

NASDAQ:AISP opened at $4.86 on Wednesday. The company has a market cap of $155.08 million, a PE ratio of -2.43 and a beta of 0.31. Airship AI Holdings, Inc. has a twelve month low of $1.90 and a twelve month high of $7.66. The company’s 50 day moving average is $5.15 and its two-hundred day moving average is $4.96.

Airship AI (NASDAQ:AISP) last released its earnings results on Tuesday, August 5th. The company reported ($0.75) earnings per share for the quarter. As a group, analysts expect that Airship AI Holdings, Inc. will post 1.71 EPS for the current fiscal year.

Airship AI 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.