Stock Traders Purchase High Volume of Put Options on AirSculpt Technologies (NASDAQ:AIRS)

AirSculpt Technologies, Inc. (NASDAQ:AIRS) was the recipient of unusually large options trading on Friday. Traders acquired 15,774 put options on the stock. This represents an increase of approximately 1,134% compared to the typical volume of 1,278 put options.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of AirSculpt Technologies in a research report on Tuesday, October 14th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $3.75.

Institutional Trading of AirSculpt Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in AirSculpt Technologies by 10.8% during the 3rd quarter. Vanguard Group Inc. now owns 782,543 shares of the company’s stock worth $6,276,000 after acquiring an additional 76,291 shares during the period. Rhumbline Advisers lifted its holdings in shares of AirSculpt Technologies by 16.1% during the third quarter. Rhumbline Advisers now owns 20,782 shares of the company’s stock worth $167,000 after purchasing an additional 2,876 shares during the period. Tradewinds LLC. purchased a new position in AirSculpt Technologies in the 3rd quarter valued at $113,000. GWN Securities Inc. acquired a new position in AirSculpt Technologies in the 3rd quarter valued at $200,000. Finally, Citizens Financial Group Inc. RI raised its position in AirSculpt Technologies by 38.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 204,700 shares of the company’s stock worth $1,642,000 after buying an additional 56,800 shares during the last quarter. 91.54% of the stock is owned by hedge funds and other institutional investors.

AirSculpt Technologies Stock Performance

AIRS stock traded down $4.53 on Friday, hitting $5.96. The company’s stock had a trading volume of 4,836,605 shares, compared to its average volume of 606,023. The firm has a 50 day moving average of $8.24 and a two-hundred day moving average of $6.01. AirSculpt Technologies has a 1 year low of $1.53 and a 1 year high of $12.00. The stock has a market cap of $372.14 million, a price-to-earnings ratio of -23.76 and a beta of 2.57. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.58.

AirSculpt Technologies (NASDAQ:AIRS) last issued its quarterly earnings data on Friday, November 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.03). AirSculpt Technologies had a negative return on equity of 15.63% and a negative net margin of 8.79%.The business had revenue of $34.99 million for the quarter, compared to analysts’ expectations of $39.80 million. AirSculpt Technologies has set its FY 2025 guidance at EPS. Equities analysts predict that AirSculpt Technologies will post -0.01 EPS for the current fiscal year.

AirSculpt Technologies Company Profile

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.