Louis Lebedin Purchases 50,000 Shares of Airship AI (NASDAQ:AISP) Stock

Airship AI Holdings, Inc. (NASDAQ:AISP) Director Louis Lebedin acquired 50,000 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was bought at an average cost of $3.18 per share, for a total transaction of $159,000.00. Following the completion of the transaction, the director directly owned 100,000 shares of the company’s stock, valued at $318,000. This trade represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Airship AI Stock Up 1.7%

Shares of NASDAQ AISP traded up $0.06 on Wednesday, hitting $3.27. The company had a trading volume of 650,134 shares, compared to its average volume of 1,219,568. Airship AI Holdings, Inc. has a 12-month low of $2.25 and a 12-month high of $7.66. The firm has a market capitalization of $104.19 million, a P/E ratio of -1.61 and a beta of 0.29. The business has a 50 day moving average of $4.99 and a two-hundred day moving average of $4.99.

Airship AI (NASDAQ:AISP) last announced its earnings results on Friday, November 14th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.02 by $0.13. The company had revenue of $1.18 million for the quarter, compared to analysts’ expectations of $8.30 million. On average, sell-side analysts anticipate that Airship AI Holdings, Inc. will post 1.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

AISP has been the topic of a number of recent research reports. Wall Street Zen cut shares of Airship AI from a “hold” rating to a “sell” rating in a research report on Friday, October 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Airship AI in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Airship AI currently has an average rating of “Sell”.

Institutional Investors Weigh In On Airship AI

Institutional investors have recently modified their holdings of the stock. Police & Firemen s Retirement System of New Jersey acquired a new position in Airship AI in the second quarter worth about $30,000. Quarry LP bought a new position in Airship AI during the 3rd quarter worth approximately $31,000. JPMorgan Chase & Co. grew its position in shares of Airship AI by 90.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,567 shares of the company’s stock worth $56,000 after acquiring an additional 4,556 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Airship AI by 150.5% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,932 shares of the company’s stock valued at $64,000 after acquiring an additional 6,568 shares during the last quarter. Finally, Intech Investment Management LLC bought a new stake in shares of Airship AI in the 2nd quarter valued at approximately $70,000. Institutional investors and hedge funds own 5.89% of the company’s stock.

About Airship AI

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.