AiRWA (NASDAQ:YYAI) Director Hongyu Zhou Buys 50,000 Shares of Stock

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou purchased 50,000 shares of the company’s stock in a transaction on Wednesday, January 7th. The stock was purchased at an average cost of $1.03 per share, for a total transaction of $51,500.00. Following the purchase, the director directly owned 352,470 shares in the company, valued at approximately $363,044.10. This trade represents a 16.53% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, January 8th, Hongyu Zhou acquired 139,097 shares of AiRWA stock. The shares were purchased at an average cost of $1.21 per share, with a total value of $168,307.37.
• On Tuesday, January 6th, Hongyu Zhou bought 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 bought 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 Stock Down 4.6%

NASDAQ:YYAI opened at $1.25 on Friday. The company has a market cap of $23.73 million, a P/E ratio of 0.32 and a beta of -1.97. AiRWA Inc. has a twelve month low of $0.77 and a twelve month high of $264.42. The business has a 50 day moving average price of $1.08 and a two-hundred day moving average price of $66.24.

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

Institutional Investors Weigh In On AiRWA

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of AiRWA in a research report on Friday, December 26th. Wall Street Zen downgraded 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 data from MarketBeat.com, the company 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.