Airship AI Holdings, Inc. $AISP Stock Position Decreased by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. trimmed its position in shares of Airship AI Holdings, Inc. (NASDAQ:AISP) by 50.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 300,000 shares of the company’s stock after selling 300,000 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Airship AI were worth $1,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in AISP. Geode Capital Management LLC raised its position in Airship AI by 44.2% during the second quarter. Geode Capital Management LLC now owns 459,461 shares of the company’s stock valued at $2,707,000 after acquiring an additional 140,793 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Airship AI by 91.3% during the 1st quarter. AQR Capital Management LLC now owns 82,863 shares of the company’s stock worth $320,000 after purchasing an additional 39,542 shares during the last quarter. Jump Financial LLC bought a new position in shares of Airship AI during the 2nd quarter valued at $486,000. Bridgeway Capital Management LLC lifted its stake in shares of Airship AI by 112.0% in the 2nd quarter. Bridgeway Capital Management LLC now owns 75,700 shares of the company’s stock valued at $446,000 after purchasing an additional 40,000 shares during the last quarter. Finally, AXQ Capital LP bought a new stake in Airship AI in the second quarter worth $259,000. Institutional investors own 5.89% of the company’s stock.

Insider Transactions at Airship AI

In related news, Director Louis Lebedin bought 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were acquired at an average price of $3.18 per share, with a total value of $159,000.00. Following the completion of the transaction, the director owned 100,000 shares of the company’s stock, valued at $318,000. The trade was a 100.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Victor Huang bought 51,000 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The shares were bought at an average price of $3.18 per share, with a total value of $162,180.00. Following the completion of the purchase, the chief executive officer owned 194,849 shares in the company, valued at approximately $619,619.82. The trade was a 35.45% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have purchased 201,000 shares of company stock worth $595,180. Insiders own 46.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Roth Capital set a $8.00 target price on Airship AI in a report on Monday, December 8th. Wall Street Zen upgraded Airship AI from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Airship AI in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell” and a consensus target price of $8.00.

Airship AI Stock Performance

NASDAQ AISP opened at $3.96 on Wednesday. The stock has a 50-day simple moving average of $3.30 and a 200 day simple moving average of $4.47. Airship AI Holdings, Inc. has a twelve month low of $2.71 and a twelve month high of $7.20. The stock has a market capitalization of $126.36 million, a PE ratio of -1.96 and a beta of 0.34.

Airship AI (NASDAQ:AISP) last released its earnings results on Friday, November 14th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.13. The business had revenue of $1.18 million during the quarter, compared to analyst estimates of $8.30 million. As a group, equities research analysts forecast that Airship AI Holdings, Inc. will post 1.71 EPS for the current fiscal year.

Airship AI Profile

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. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.