Key Points
- Jorey Chernett bought 77,702 shares on March 19 at $2.64 each ($205,133.28), raising his holdings to 6,753,761 shares (≈$17.83M), a 1.16% increase in his position.
- He has been actively accumulating stock throughout March, purchasing roughly 510,150 shares across seven trades for about $1.15M total.
- AirSculpt shares opened at $2.65 (down 2.6%), the company has a market cap of about $165.5M, and analysts carry an average "Reduce" rating with a $6.00 target (Weiss reissued a "sell (d-)").
AirSculpt Technologies, Inc. (NASDAQ:AIRS - Get Free Report) major shareholder Jorey Chernett purchased 77,702 shares of the firm's stock in a transaction on Thursday, March 19th. The stock was bought at an average cost of $2.64 per share, with a total value of $205,133.28. Following the completion of the purchase, the insider owned 6,753,761 shares of the company's stock, valued at approximately $17,829,929.04. This represents a 1.16% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Jorey Chernett also recently made the following trade(s):
- On Tuesday, March 17th, Jorey Chernett acquired 83,000 shares of AirSculpt Technologies stock. The shares were bought at an average cost of $2.56 per share, for a total transaction of $212,480.00.
- On Monday, March 16th, Jorey Chernett bought 105,848 shares of AirSculpt Technologies stock. The stock was purchased at an average price of $2.43 per share, with a total value of $257,210.64.
- On Wednesday, March 11th, Jorey Chernett bought 88,000 shares of AirSculpt Technologies stock. The stock was purchased at an average cost of $2.15 per share, with a total value of $189,200.00.
- On Friday, March 6th, Jorey Chernett bought 45,600 shares of AirSculpt Technologies stock. The stock was purchased at an average cost of $2.00 per share, with a total value of $91,200.00.
- On Wednesday, March 4th, Jorey Chernett purchased 30,000 shares of AirSculpt Technologies stock. The shares were purchased at an average cost of $1.87 per share, for a total transaction of $56,100.00.
- On Tuesday, March 3rd, Jorey Chernett purchased 80,000 shares of AirSculpt Technologies stock. The stock was purchased at an average price of $1.71 per share, for a total transaction of $136,800.00.
AirSculpt Technologies Trading Down 2.6%
Shares of AirSculpt Technologies stock opened at $2.65 on Friday. The stock has a market capitalization of $165.47 million, a PE ratio of -8.83 and a beta of 2.75. AirSculpt Technologies, Inc. has a 52 week low of $1.51 and a 52 week high of $12.00. The stock has a 50 day moving average price of $2.27 and a two-hundred day moving average price of $4.58. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.51 and a current ratio of 0.51.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of AirSculpt Technologies in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of $6.00.
Check Out Our Latest Stock Analysis on AirSculpt Technologies
Institutional Trading of AirSculpt Technologies
Institutional investors have recently made changes to their positions in the company. Balyasny Asset Management L.P. raised its holdings in shares of AirSculpt Technologies by 128.5% in the second quarter. Balyasny Asset Management L.P. now owns 1,113,843 shares of the company's stock valued at $5,380,000 after purchasing an additional 626,309 shares during the last quarter. Renaissance Technologies LLC purchased a new position in AirSculpt Technologies during the fourth quarter worth about $1,991,000. Vanguard Group Inc. boosted its holdings in AirSculpt Technologies by 10.8% during the third quarter. Vanguard Group Inc. now owns 782,543 shares of the company's stock worth $6,276,000 after purchasing an additional 76,291 shares during the last quarter. Geode Capital Management LLC grew its position in AirSculpt Technologies by 4.6% in the 4th quarter. Geode Capital Management LLC now owns 403,163 shares of the company's stock worth $798,000 after purchasing an additional 17,889 shares in the last quarter. Finally, FourWorld Capital Management LLC grew its position in AirSculpt Technologies by 50.0% in the 2nd quarter. FourWorld Capital Management LLC now owns 382,886 shares of the company's stock worth $1,849,000 after purchasing an additional 127,676 shares in the last quarter. 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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