AirSculpt Technologies, Inc. (NASDAQ:AIRS) CEO Dennis Dean Sells 24,510 Shares

AirSculpt Technologies, Inc. (NASDAQ:AIRS) CEO Dennis Dean sold 24,510 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $6.54, for a total value of $160,295.40. Following the completion of the sale, the chief executive officer now owns 582,052 shares in the company, valued at approximately $3,806,620.08. The trade was a 4.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Dennis Dean also recently made the following trade(s):

• On Wednesday, November 13th, Dennis Dean sold 7,719 shares of AirSculpt Technologies stock. The shares were sold at an average price of $7.53, for a total value of $58,124.07.

AirSculpt Technologies Stock Down 6.5 %

AirSculpt Technologies stock traded down $0.45 during midday trading on Friday, reaching $6.51. The company’s stock had a trading volume of 354,838 shares, compared to its average volume of 85,377. AirSculpt Technologies, Inc. has a fifty-two week low of $2.92 and a fifty-two week high of $9.20. The company has a quick ratio of 0.86, a current ratio of 0.51 and a debt-to-equity ratio of 0.80. The company has a market cap of $376.80 million, a P/E ratio of -46.50 and a beta of 1.57. The business has a 50-day simple moving average of $5.55 and a 200-day simple moving average of $4.75.

AirSculpt Technologies (NASDAQ:AIRS) last posted its earnings results on Friday, November 8th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.05). AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. The firm had revenue of $42.55 million for the quarter, compared to analyst estimates of $42.49 million. During the same quarter last year, the firm posted ($0.01) EPS. On average, research analysts expect that AirSculpt Technologies, Inc. will post 0.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On AirSculpt Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. SW Investment Management LLC grew its holdings in shares of AirSculpt Technologies by 5.0% during the second quarter. SW Investment Management LLC now owns 4,500,000 shares of the company’s stock worth $18,000,000 after buying an additional 213,677 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of AirSculpt Technologies by 1.0% during the first quarter. Vanguard Group Inc. now owns 576,038 shares of the company’s stock worth $3,537,000 after buying an additional 5,606 shares during the last quarter. Barclays PLC grew its holdings 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 during the last quarter. Finally, FourWorld Capital Management LLC purchased a new position in shares of AirSculpt Technologies during the first quarter worth about $557,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.

Analysts Set New Price Targets

Separately, BTIG Research started coverage on AirSculpt Technologies in a research note on Thursday, October 17th. They issued a “neutral” rating on the stock. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $5.50.

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.