Key Points
- Jorey Chernett, a major shareholder, bought 45,600 shares on March 6 at $2.00 ($91,200) and also purchased 30,000 (Mar 4 at $1.87) and 80,000 (Mar 3 at $1.71), totaling 155,600 shares (~$284,100) and raising his stake to 6,398,211 shares (a 0.72% increase).
- AirSculpt Technologies shares trade around $2.06 with a market cap of $128.6M, a negative PE (-6.87) and elevated volatility (beta 2.76); analysts' consensus is a "Reduce" rating with an average $6.00 target.
AirSculpt Technologies, Inc. (NASDAQ:AIRS - Get Free Report) major shareholder Jorey Chernett acquired 45,600 shares of the stock in a transaction on Friday, March 6th. The shares were acquired at an average price of $2.00 per share, with a total value of $91,200.00. Following the purchase, the insider owned 6,398,211 shares in the company, valued at $12,796,422. This represents a 0.72% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
Jorey Chernett also recently made the following trade(s):
- On Wednesday, March 4th, Jorey Chernett bought 30,000 shares of AirSculpt Technologies stock. The stock was acquired at an average cost of $1.87 per share, for a total transaction of $56,100.00.
- On Tuesday, March 3rd, Jorey Chernett bought 80,000 shares of AirSculpt Technologies stock. The shares were acquired at an average price of $1.71 per share, with a total value of $136,800.00.
AirSculpt Technologies Stock Down 1.4%
Shares of NASDAQ:AIRS opened at $2.06 on Tuesday. The firm has a market cap of $128.63 million, a PE ratio of -6.87 and a beta of 2.76. The company has a fifty day simple moving average of $2.20 and a 200 day simple moving average of $4.81. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63. AirSculpt Technologies, Inc. has a 12-month low of $1.51 and a 12-month high of $12.00.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on AIRS shares. Weiss Ratings restated a "sell (d-)" rating on shares of AirSculpt Technologies in a research note on Monday, December 29th. Leerink Partners restated a "market perform" rating and set a $6.00 price objective on shares of AirSculpt Technologies in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, AirSculpt Technologies has an average rating of "Reduce" and an average target price of $6.00.
View Our Latest Report on AirSculpt Technologies
Hedge Funds Weigh In On AirSculpt Technologies
A number of large investors have recently bought and sold shares of the business. Larson Financial Group LLC raised its position in shares of AirSculpt Technologies by 20.4% during the 3rd quarter. Larson Financial Group LLC now owns 15,137 shares of the company's stock worth $121,000 after purchasing an additional 2,561 shares during the period. Wexford Capital LP grew its position in shares of AirSculpt Technologies by 2.6% during the third quarter. Wexford Capital LP now owns 102,614 shares of the company's stock worth $823,000 after acquiring an additional 2,614 shares during the last quarter. Rhumbline Advisers lifted its position in AirSculpt Technologies by 16.1% in the 3rd quarter. Rhumbline Advisers now owns 20,782 shares of the company's stock valued at $167,000 after purchasing an additional 2,876 shares during the last quarter. Creative Planning boosted its stake in AirSculpt Technologies by 32.2% during the 2nd quarter. Creative Planning now owns 13,225 shares of the company's stock valued at $64,000 after purchasing an additional 3,224 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of AirSculpt Technologies by 239.5% in the third quarter. BNP Paribas Financial Markets now owns 5,952 shares of the company's stock valued at $48,000 after purchasing an additional 4,199 shares during the period. Institutional investors own 91.54% of the company's stock.
About AirSculpt Technologies
(
Get Free Report)
AirSculpt Technologies, Inc (NASDAQ: AIRS) is a medical technology company specializing in minimally invasive body contouring. The company's flagship AirSculpt® platform combines pneumatic power with precision microcannulas to deliver fat removal, transfer and sculpting procedures. AirSculpt Technologies partners with both company-owned and franchised cosmetic surgery practices to offer a streamlined, office-based alternative to traditional liposuction.
Through its proprietary system, AirSculpt Technologies provides both consumers and medical professionals with an integrated solution that emphasizes reduced downtime, smaller incision sites, and more predictable outcomes.
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