Benchmark Reiterates Buy Rating for Airship AI (NASDAQ:AISP)

Airship AI (NASDAQ:AISP)‘s stock had its “buy” rating restated by research analysts at Benchmark in a research note issued on Tuesday,Benzinga reports. They presently have a $6.00 price objective on the stock. Benchmark’s price objective would suggest a potential upside of 125.56% from the company’s current price.

Airship AI Trading Down 6.7 %

Shares of NASDAQ:AISP opened at $2.66 on Tuesday. The firm has a fifty day moving average price of $2.37 and a 200 day moving average price of $3.37. Airship AI has a 1-year low of $1.34 and a 1-year high of $14.32.

Insider Buying and Selling

In other Airship AI news, President Paul M. Allen sold 30,000 shares of the company’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $3.40, for a total transaction of $102,000.00. Following the completion of the transaction, the president now owns 70,000 shares in the company, valued at approximately $238,000. This represents a 30.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 57.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Airship AI

A number of large investors have recently bought and sold shares of AISP. Charles Schwab Investment Management Inc. raised its position in Airship AI by 70.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after buying an additional 12,214 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Airship AI in the 1st quarter valued at about $147,000. State Street Corp increased its holdings in shares of Airship AI by 54.2% in the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock valued at $296,000 after purchasing an additional 45,247 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Airship AI by 12.1% in the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock valued at $459,000 after purchasing an additional 21,616 shares in the last quarter. Hedge funds and other institutional investors own 5.89% of the company’s stock.

About Airship AI

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.