Virtu Financial LLC Invests $91,000 in AirSculpt Technologies, Inc. (NASDAQ:AIRS)

Virtu Financial LLC purchased a new stake in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 17,613 shares of the company’s stock, valued at approximately $91,000.

Separately, Barclays PLC grew its position in shares of AirSculpt Technologies by 227.0% during the third quarter. Barclays PLC now owns 19,100 shares of the company’s stock worth $97,000 after buying an additional 13,259 shares in the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Piper Sandler reduced their price objective on shares of AirSculpt Technologies from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Friday, January 17th. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $5.00.

AirSculpt Technologies Stock Down 8.0 %

Shares of NASDAQ:AIRS opened at $2.29 on Monday. AirSculpt Technologies, Inc. has a 1-year low of $2.24 and a 1-year high of $9.20. The company’s fifty day moving average is $4.36 and its two-hundred day moving average is $5.34. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.51 and a current ratio of 0.51. The stock has a market capitalization of $134.14 million, a price-to-earnings ratio of -16.36 and a beta of 1.69.

AirSculpt Technologies (NASDAQ:AIRS) last issued its earnings results on Friday, March 14th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.05). The company had revenue of $39.18 million during the quarter, compared to analyst estimates of $38.99 million. AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. During the same period in the prior year, the business earned $0.01 earnings per share. Equities analysts anticipate that AirSculpt Technologies, Inc. will post -0.01 EPS for the current year.

About AirSculpt Technologies

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.