Insider Selling: AiRWA (NASDAQ:YYAI) Major Shareholder Sells $70,878.16 in Stock

AiRWA Inc. (NASDAQ:YYAI) major shareholder Financial Lp Hrt sold 885,977 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $0.08, for a total transaction of $70,878.16. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Monday, August 10th, Financial Lp Hrt sold 421,879 shares of AiRWA stock. The stock was sold at an average price of $0.08, for a total transaction of $33,750.32.
• On Friday, August 7th, Financial Lp Hrt bought 75,985 shares of AiRWA stock. The stock was bought at an average price of $0.08 per share, for a total transaction of $6,078.80.
• On Tuesday, August 4th, Financial Lp Hrt sold 414,525 shares of AiRWA stock. The shares were sold at an average price of $0.02, for a total transaction of $8,290.50.

AiRWA Stock Performance

Shares of YYAI stock opened at $0.06 on Monday. AiRWA Inc. has a one year low of $0.05 and a one year high of $10,576.80. The company’s 50-day simple moving average is $5.75 and its 200-day simple moving average is $23.48. The stock has a market capitalization of $59,325.00, a price-to-earnings ratio of 0.00 and a beta of -1.60.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of AiRWA in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Trading of AiRWA

Institutional investors and hedge funds have recently modified their holdings of the business. XTX Topco Ltd lifted its position in shares of AiRWA by 12.5% in the 2nd quarter. XTX Topco Ltd now owns 50,761 shares of the company’s stock worth $45,000 after buying an additional 5,630 shares during the last quarter. Jane Street Group LLC grew its position in shares of AiRWA by 47.7% during the 4th quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock valued at $55,000 after buying an additional 22,951 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in AiRWA by 7.2% during the second quarter. Geode Capital Management LLC now owns 90,581 shares of the company’s stock worth $81,000 after acquiring an additional 6,116 shares during the period. 4.03% of the stock is owned by institutional investors and hedge funds.

AiRWA Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.