Investors Buy High Volume of Airship AI Call Options (NASDAQ:AISP)

Airship AI Holdings, Inc. (NASDAQ:AISP) was the recipient of unusually large options trading on Friday. Traders purchased 5,628 call options on the stock. This is an increase of approximately 207% compared to the average volume of 1,832 call options.

Analysts Set New Price Targets

A number of research firms have issued reports on AISP. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Airship AI in a research report on Wednesday, October 8th. Roth Capital set a $8.00 price target on shares of Airship AI in a report on Monday, December 8th. Finally, Wall Street Zen raised shares of Airship AI from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Airship AI has an average rating of “Sell” and an average target price of $8.00.

Insider Activity at Airship AI

In other Airship AI news, President Paul M. Allen acquired 100,000 shares of the stock in a transaction dated Monday, December 29th. The stock was acquired at an average price of $2.74 per share, with a total value of $274,000.00. Following the completion of the purchase, the president owned 151,948 shares in the company, valued at $416,337.52. This trade represents a 192.50% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Louis Lebedin bought 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The shares were acquired at an average cost of $3.18 per share, for a total transaction of $159,000.00. Following the completion of the purchase, the director owned 100,000 shares in the company, valued at $318,000. This trade represents a 100.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 201,000 shares of company stock worth $595,180 in the last three months. 46.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Airship AI

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of Airship AI by 18.2% during the third quarter. Vanguard Group Inc. now owns 1,269,819 shares of the company’s stock worth $6,565,000 after acquiring an additional 195,760 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Airship AI by 44.2% during the 2nd quarter. Geode Capital Management LLC now owns 459,461 shares of the company’s stock worth $2,707,000 after acquiring an additional 140,793 shares in the last quarter. Essex Investment Management Co. LLC lifted its position in shares of Airship AI by 3.7% during the 3rd quarter. Essex Investment Management Co. LLC now owns 320,202 shares of the company’s stock worth $1,655,000 after purchasing an additional 11,410 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in Airship AI by 109.4% in the 3rd quarter. Bridgeway Capital Management LLC now owns 158,529 shares of the company’s stock valued at $820,000 after acquiring an additional 82,829 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Airship AI by 91.3% in the 1st quarter. AQR Capital Management LLC now owns 82,863 shares of the company’s stock valued at $320,000 after buying an additional 39,542 shares in the last quarter. 5.89% of the stock is currently owned by institutional investors.

Airship AI Stock Up 14.6%

Shares of AISP stock traded up $0.53 during trading hours on Friday, hitting $4.13. 1,818,970 shares of the company were exchanged, compared to its average volume of 859,015. The firm has a market cap of $131.63 million, a PE ratio of -2.04 and a beta of 0.34. Airship AI has a 1 year low of $2.71 and a 1 year high of $7.20. The firm has a fifty day moving average of $3.29 and a 200 day moving average of $4.52.

Airship AI (NASDAQ:AISP) last posted its earnings results on Friday, November 14th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.13. The business had revenue of $1.18 million for the quarter, compared to analyst estimates of $8.30 million. Analysts expect that Airship AI will post 1.71 earnings per share for the current year.

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. It serves government, public sector, law enforcement, military, and commercial enterprise organizations.