Airship AI (NASDAQ:AISP) Stock Price Down 0.1% – Time to Sell?

Airship AI Holdings, Inc. (NASDAQ:AISP) was down 0.1% during mid-day trading on Wednesday . The stock traded as low as $4.23 and last traded at $4.36. Approximately 325,133 shares changed hands during trading, a decline of 83% from the average daily volume of 1,913,847 shares. The stock had previously closed at $4.37.

Wall Street Analyst Weigh In

Separately, Benchmark restated a “buy” rating and issued a $6.00 target price on shares of Airship AI in a research report on Tuesday, November 19th.

Airship AI Price Performance

The business has a 50-day simple moving average of $4.58 and a two-hundred day simple moving average of $3.38.

Insider Buying and Selling

In related news, CTO Yanda Ma sold 30,000 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $3.18, for a total value of $95,400.00. Following the completion of the transaction, the chief technology officer now owns 30,000 shares in the company, valued at $95,400. This trade represents a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Mark E. Scott sold 22,000 shares of the stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $6.25, for a total value of $137,500.00. The disclosure for this sale can be found here. Insiders have sold 142,000 shares of company stock worth $721,600 in the last three months. 57.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Airship AI

Several hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp purchased a new stake in Airship AI in the 4th quarter worth about $90,000. Kieckhefer Group LLC purchased a new stake in shares of Airship AI during the 4th quarter worth about $47,000. JPMorgan Chase & Co. raised its stake in shares of Airship AI by 1,982.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,411 shares of the company’s stock worth $63,000 after purchasing an additional 26,095 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Airship AI by 12.1% during the 3rd quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after purchasing an additional 21,616 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Airship AI by 54.2% during the 3rd quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after purchasing an additional 45,247 shares in the last quarter. 5.89% of the stock is owned by hedge funds and other institutional investors.

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.