AirSculpt Technologies, Inc. $AIRS Stock Holdings Lifted by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI raised its position in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 49.1% in the second quarter, Holdings Channel reports. The firm owned 147,900 shares of the company’s stock after buying an additional 48,734 shares during the period. Citizens Financial Group Inc. RI’s holdings in AirSculpt Technologies were worth $714,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Creative Planning increased its holdings in AirSculpt Technologies by 32.2% in the second quarter. Creative Planning now owns 13,225 shares of the company’s stock worth $64,000 after buying an additional 3,224 shares during the last quarter. Vesey Street Capital Partners L.L.C. grew its position in AirSculpt Technologies by 3.4% in the second quarter. Vesey Street Capital Partners L.L.C. now owns 30,324,180 shares of the company’s stock worth $146,466,000 after acquiring an additional 1,000,000 shares in the last quarter. Vanguard Personalized Indexing Management LLC bought a new stake in AirSculpt Technologies in the second quarter worth approximately $50,000. Matauro LLC acquired a new position in shares of AirSculpt Technologies during the 2nd quarter worth $557,000. Finally, Kapitalo Investimentos Ltda bought a new position in shares of AirSculpt Technologies during the 2nd quarter valued at $51,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Leerink Partners reiterated a “market perform” rating and issued a $6.00 price objective on shares of AirSculpt Technologies in a report on Tuesday, November 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AirSculpt Technologies in a research report on Tuesday, October 14th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, AirSculpt Technologies has an average rating of “Reduce” and a consensus target price of $5.50.

AirSculpt Technologies Price Performance

NASDAQ AIRS opened at $4.07 on Wednesday. AirSculpt Technologies, Inc. has a 1 year low of $1.53 and a 1 year high of $12.00. The company has a fifty day simple moving average of $8.12 and a 200 day simple moving average of $6.25. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63. The company has a market cap of $254.13 million, a P/E ratio of -13.57 and a beta of 2.57.

AirSculpt Technologies (NASDAQ:AIRS) last released its earnings results on Friday, November 7th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). AirSculpt Technologies had a negative return on equity of 14.30% and a negative net margin of 11.41%.The firm had revenue of $34.99 million for the quarter, compared to analyst estimates of $39.80 million. AirSculpt Technologies has set its FY 2025 guidance at EPS. On average, sell-side analysts predict 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.