Key Points
- Director Louis Lebedin purchased 50,000 shares at an average price of $3.18 on Nov. 18 for $159,000, doubling his stake to 100,000 shares (SEC Form 4 filed).
- The company reported quarterly EPS of $0.15 versus $0.02 expected (an EPS beat) while revenue missed at $1.18 million versus $8.30 million expected.
- Shares rose about 7% to $3.41 on the news; Airship AI has a roughly $109 million market cap, low institutional ownership (~5.9%), and a MarketBeat consensus rating of Sell.
Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report) Director Louis Lebedin purchased 50,000 shares of the business's stock in a transaction on Tuesday, November 18th. The shares were 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 in the company, valued at $318,000. This trade represents a 100.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link.
Airship AI Stock Up 7.0%
Shares of AISP traded up $0.22 during mid-day trading on Thursday, reaching $3.41. The company had a trading volume of 146,467 shares, compared to its average volume of 1,216,597. The stock has a market capitalization of $108.94 million, a P/E ratio of -1.68 and a beta of 0.29. Airship AI Holdings, Inc. has a 52-week low of $2.25 and a 52-week high of $7.66. The stock has a 50 day moving average of $4.96 and a two-hundred day moving average of $4.98.
Airship AI (NASDAQ:AISP - Get Free Report) last released its quarterly earnings data on Friday, November 14th. The company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.13. The firm had revenue of $1.18 million during the quarter, compared to analysts' expectations of $8.30 million. On average, sell-side analysts expect that Airship AI Holdings, Inc. will post 1.71 earnings per share for the current year.
Institutional Investors Weigh In On Airship AI
Large investors have recently modified their holdings of the business. Invesco Ltd. acquired a new position in Airship AI during the first quarter worth about $93,000. Virtu Financial LLC purchased a new stake in shares of Airship AI in the first quarter valued at approximately $132,000. AQR Capital Management LLC lifted its position in Airship AI by 91.3% during the first quarter. AQR Capital Management LLC now owns 82,863 shares of the company's stock worth $320,000 after buying an additional 39,542 shares in the last quarter. Geode Capital Management LLC boosted its stake in Airship AI by 44.2% during the second quarter. Geode Capital Management LLC now owns 459,461 shares of the company's stock worth $2,707,000 after buying an additional 140,793 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey purchased a new stake in Airship AI in the 2nd quarter valued at $30,000. Hedge funds and other institutional investors own 5.89% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on AISP shares. Wall Street Zen cut shares of Airship AI from a "hold" rating to a "sell" rating in a research note on Friday, October 3rd. Weiss Ratings reissued a "sell (d-)" rating on shares of Airship AI in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of "Sell".
View Our Latest Report on Airship AI
About Airship AI
(
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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.
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