AiRWA (NASDAQ:YYAI) Director Buys $449,473.98 in Stock

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou purchased 365,426 shares of the stock in a transaction that occurred on Sunday, January 11th. The shares were acquired at an average price of $1.23 per share, for a total transaction of $449,473.98. Following the completion of the transaction, the director directly owned 856,993 shares of the company’s stock, valued at $1,054,101.39. The trade was a 74.34% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Hongyu Zhou also recently made the following trade(s):

• On Monday, January 12th, Hongyu Zhou purchased 744,496 shares of AiRWA stock. The stock was bought at an average cost of $1.41 per share, with a total value of $1,049,739.36.
• On Thursday, January 8th, Hongyu Zhou purchased 139,097 shares of AiRWA stock. The shares were bought at an average price of $1.21 per share, for a total transaction of $168,307.37.
• On Wednesday, January 7th, Hongyu Zhou bought 50,000 shares of AiRWA stock. The stock was purchased at an average price of $1.03 per share, for a total transaction of $51,500.00.
• On Tuesday, January 6th, Hongyu Zhou acquired 123,088 shares of AiRWA stock. The stock was acquired at an average price of $1.02 per share, with a total value of $125,549.76.
• On Monday, January 5th, Hongyu Zhou purchased 16,830 shares of AiRWA stock. The shares were acquired at an average price of $1.00 per share, with a total value of $16,830.00.

AiRWA Price Performance

Shares of YYAI opened at $1.46 on Friday. The stock has a market cap of $27.71 million, a PE ratio of 0.37 and a beta of -1.97. AiRWA Inc. has a 1-year low of $0.77 and a 1-year high of $264.42. The firm has a 50-day simple moving average of $1.07 and a two-hundred day simple moving average of $65.03.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Wall Street Zen cut shares of AiRWA from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Weiss Ratings restated a “sell (d)” rating on shares of AiRWA in a report on Friday, December 26th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AiRWA stock. Geode Capital Management LLC increased its position in shares of AiRWA Inc. (NASDAQ:YYAI) by 7.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,581 shares of the company’s stock after purchasing an additional 6,116 shares during the period. Geode Capital Management LLC owned approximately 0.62% of AiRWA worth $81,000 as of its most recent SEC filing. 4.03% of the stock is currently 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.