Key Points
- Major shareholder Financial Lp Hrt sold 421,879 AiRWA shares at an average price of $0.08, generating $33,750.32. The sale reduced its stake by 34.43% to 803,442 shares.
- AiRWA shares opened at $0.08 and were up 0.6%, while the company reported a market capitalization of approximately $85,575. Only 4.03% of shares are held by institutional investors and hedge funds.
- Analyst sentiment remains negative: Weiss Ratings reiterated a “sell (d)” rating, and AiRWA has a consensus “Sell” rating from the one analyst covering the stock.
AiRWA Inc. (NASDAQ:YYAI - Get Free Report) major shareholder Financial Lp Hrt sold 421,879 shares of the firm's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $0.08, for a total transaction of $33,750.32. Following the sale, the insider owned 803,442 shares of the company's stock, valued at approximately $64,275.36. This represents a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Financial Lp Hrt also recently made the following trade(s):
- On Friday, August 7th, Financial Lp Hrt acquired 75,985 shares of AiRWA stock. The shares were bought at an average cost of $0.08 per share, for a total transaction of $6,078.80.
- On Tuesday, August 4th, Financial Lp Hrt sold 414,525 shares of AiRWA stock. The shares were sold at an average price of $0.02, for a total transaction of $8,290.50.
AiRWA Stock Up 0.6%
YYAI stock opened at $0.08 on Wednesday. AiRWA Inc. has a 12-month low of $0.07 and a 12-month high of $10,576.80. The company has a market cap of $85,575.00, a price-to-earnings ratio of 0.00 and a beta of -1.61. The company has a 50 day moving average of $6.25 and a two-hundred day moving average of $24.70.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a "sell (d)" rating on shares of AiRWA in a report on Thursday, June 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of "Sell".
Read Our Latest Stock Report on AiRWA
Institutional Trading of AiRWA
A number of institutional investors have recently added to or reduced their stakes in YYAI. XTX Topco Ltd grew its position in AiRWA by 12.5% in the second quarter. XTX Topco Ltd now owns 50,761 shares of the company's stock worth $45,000 after acquiring an additional 5,630 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of AiRWA by 7.2% during the 2nd quarter. Geode Capital Management LLC now owns 90,581 shares of the company's stock valued at $81,000 after purchasing an additional 6,116 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of AiRWA by 47.7% in the 4th quarter. Jane Street Group LLC now owns 71,054 shares of the company's stock valued at $55,000 after purchasing an additional 22,951 shares during the last quarter. 4.03% of the stock is currently owned by institutional investors and hedge funds.
AiRWA Company Profile
(
Get Free Report)
Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
