AiRWA (NASDAQ:YYAI) Major Shareholder Financial Lp Hrt Sells 421,879 Shares of Stock

AiRWA Inc. (NASDAQ:YYAI) major shareholder Financial Lp Hrt sold 421,879 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $0.08, for a total value of $33,750.32. Following the transaction, the insider directly owned 803,442 shares of the company’s stock, valued at approximately $64,275.36. The trade was a 34.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Friday, August 7th, Financial Lp Hrt bought 75,985 shares of AiRWA stock. The shares were purchased at an average cost of $0.08 per share, for a total transaction of $6,078.80.
• On Tuesday, August 4th, Financial Lp Hrt sold 414,525 shares of AiRWA stock. The shares were sold at an average price of $0.02, for a total transaction of $8,290.50.

AiRWA Trading Up 0.6%

NASDAQ:YYAI opened at $0.08 on Wednesday. The company has a 50-day moving average of $6.25 and a 200-day moving average of $24.70. The firm has a market cap of $85,575.00, a price-to-earnings ratio of 0.00 and a beta of -1.61. AiRWA Inc. has a twelve month low of $0.07 and a twelve month high of $10,576.80.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of AiRWA in a research report on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Trading of AiRWA

A number of hedge funds have recently modified their holdings of YYAI. Geode Capital Management LLC grew its holdings in shares of AiRWA by 136.7% during the fourth quarter. Geode Capital Management LLC now owns 176,626 shares of the company’s stock valued at $138,000 after buying an additional 101,999 shares in the last quarter. Jane Street Group LLC raised its position in AiRWA by 47.7% during the fourth quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock valued at $55,000 after buying an additional 22,951 shares during the period. Finally, XTX Topco Ltd lifted its stake in AiRWA by 12.5% in the 2nd quarter. XTX Topco Ltd now owns 50,761 shares of the company’s stock worth $45,000 after acquiring an additional 5,630 shares in the last quarter. Hedge funds and other institutional investors own 4.03% of the company’s stock.

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.