Hongyu Zhou Purchases 744,496 Shares of AiRWA (NASDAQ:YYAI) Stock

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou acquired 744,496 shares of the stock in a transaction dated Monday, January 12th. The shares were bought at an average cost of $1.41 per share, with a total value of $1,049,739.36. Following the transaction, the director directly owned 1,601,489 shares of the company’s stock, valued at $2,258,099.49. This represents a 86.87% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Hongyu Zhou also recently made the following trade(s):

• On Sunday, January 11th, Hongyu Zhou acquired 365,426 shares of AiRWA stock. The stock was bought at an average cost of $1.23 per share, for a total transaction of $449,473.98.
• On Thursday, January 8th, Hongyu Zhou bought 139,097 shares of AiRWA stock. The stock was bought at an average cost of $1.21 per share, with a total value of $168,307.37.
• On Wednesday, January 7th, Hongyu Zhou bought 50,000 shares of AiRWA stock. The shares were purchased at an average price of $1.03 per share, with a total value of $51,500.00.
• On Tuesday, January 6th, Hongyu Zhou purchased 123,088 shares of AiRWA stock. The stock was purchased at an average cost of $1.02 per share, for a total transaction of $125,549.76.
• On Monday, January 5th, Hongyu Zhou purchased 16,830 shares of AiRWA stock. The stock was purchased at an average price of $1.00 per share, for a total transaction of $16,830.00.

AiRWA Trading Up 0.8%

Shares of YYAI stock traded up $0.01 on Tuesday, hitting $1.26. 6,087,910 shares of the stock were exchanged, compared to its average volume of 2,638,545. The firm has a market capitalization of $23.91 million, a P/E ratio of 0.32 and a beta of -1.97. AiRWA Inc. has a fifty-two week low of $0.77 and a fifty-two week high of $264.42. The business has a 50-day moving average of $1.07 and a 200 day moving average of $66.24.

AiRWA (NASDAQ:YYAI) last released its earnings results on Tuesday, December 23rd. The company reported $0.00 EPS for the quarter. AiRWA had a return on equity of 2.22% and a net margin of 6.47%.The firm had revenue of $3.00 million for the quarter.

Institutional Trading of AiRWA

A hedge fund recently raised its stake in AiRWA stock. Geode Capital Management LLC raised its position in AiRWA Inc. (NASDAQ:YYAI) by 7.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 90,581 shares of the company’s stock after acquiring an additional 6,116 shares during the quarter. Geode Capital Management LLC owned approximately 0.62% of AiRWA worth $81,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 4.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on YYAI. Weiss Ratings reaffirmed a “sell (d)” rating on shares of AiRWA in a research report on Friday, December 26th. Wall Street Zen downgraded shares of AiRWA from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

AiRWA Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.