AiRWA (NASDAQ:YYAI) Director Hongyu Zhou Buys 4,215,000 Shares

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou bought 4,215,000 shares of the company’s stock in a transaction on Wednesday, January 21st. The stock was bought at an average price of $1.37 per share, for a total transaction of $5,774,550.00. Following the completion of the purchase, the director directly owned 5,816,489 shares in the company, valued at approximately $7,968,589.93. This represents a 263.19% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Monday, January 12th, Hongyu Zhou purchased 744,496 shares of AiRWA stock. The shares were bought at an average cost of $1.41 per share, with a total value of $1,049,739.36.
• On Sunday, January 11th, Hongyu Zhou purchased 365,426 shares of AiRWA stock. The stock was purchased at an average price of $1.23 per share, with a total value of $449,473.98.
• On Thursday, January 8th, Hongyu Zhou acquired 139,097 shares of AiRWA stock. The stock was purchased at an average cost of $1.21 per share, for a total transaction of $168,307.37.
• On Wednesday, January 7th, Hongyu Zhou bought 50,000 shares of AiRWA stock. The shares were purchased at an average cost of $1.03 per share, with a total value of $51,500.00.
• On Tuesday, January 6th, Hongyu Zhou bought 123,088 shares of AiRWA stock. The stock was purchased at an average price of $1.02 per share, with a total value of $125,549.76.
• On Monday, January 5th, Hongyu Zhou purchased 16,830 shares of AiRWA stock. The shares were purchased at an average cost of $1.00 per share, for a total transaction of $16,830.00.

AiRWA Stock Performance

Shares of YYAI stock remained flat at $1.17 on Thursday. The company had a trading volume of 862,791 shares, compared to its average volume of 3,233,455. AiRWA Inc. has a 12-month low of $0.77 and a 12-month high of $264.42. The business has a 50 day moving average price of $1.06 and a 200 day moving average price of $63.97. The company has a market capitalization of $22.21 million, a P/E ratio of 0.30 and a beta of -1.97.

Analyst Upgrades and Downgrades

YYAI has been the subject of a number of recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of AiRWA in a research note on Friday, December 26th. Wall Street Zen downgraded AiRWA from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, AiRWA has a consensus rating of “Sell”.

Institutional Investors Weigh In On AiRWA

A hedge fund recently raised its stake in AiRWA stock. XTX Topco Ltd boosted its stake in shares of AiRWA Inc. (NASDAQ:YYAI) by 12.5% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 50,761 shares of the company’s stock after purchasing an additional 5,630 shares during the period. XTX Topco Ltd owned approximately 0.35% of AiRWA worth $45,000 at the end of the most recent quarter. 4.03% of the stock is currently owned by institutional investors and hedge funds.

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.