Financial Lp Hrt Sells 885,977 Shares of AiRWA (NASDAQ:YYAI) Stock

AiRWA Inc. (NASDAQ:YYAI) major shareholder Financial Lp Hrt sold 885,977 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $0.08, for a total transaction of $70,878.16. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Monday, August 10th, Financial Lp Hrt sold 421,879 shares of AiRWA stock. The shares were sold at an average price of $0.08, for a total transaction of $33,750.32.
• On Friday, August 7th, Financial Lp Hrt acquired 75,985 shares of AiRWA stock. The stock was acquired at an average price of $0.08 per share, with a total value 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 Price Performance

NASDAQ:YYAI opened at $0.06 on Friday. The company has a market cap of $59,551.00, a P/E ratio of 0.00 and a beta of -1.61. The stock’s fifty day moving average price is $5.75 and its two-hundred day moving average price is $23.77. AiRWA Inc. has a 1 year low of $0.05 and a 1 year high of $10,576.80.

AiRWA shares are going to reverse split on Monday, August 17th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, August 16th.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of AiRWA in a report on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Institutional Trading of AiRWA

A number of hedge funds and other institutional investors have recently bought and sold shares of YYAI. 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 purchasing an additional 5,630 shares in the last quarter. Geode Capital Management LLC grew its position in shares of AiRWA by 7.2% during the 2nd quarter. Geode Capital Management LLC now owns 90,581 shares of the company’s stock valued at $81,000 after purchasing an additional 6,116 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of AiRWA by 47.7% during the 4th quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock valued at $55,000 after purchasing an additional 22,951 shares in the last quarter. Institutional investors own 4.03% of the company’s stock.

About AiRWA

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.