Investors Purchase Large Volume of Call Options on Airship AI (NASDAQ:AISP)

Airship AI Holdings, Inc. (NASDAQ:AISP) was the target of unusually large options trading activity on Friday. Stock investors acquired 5,628 call options on the stock. This represents an increase of approximately 207% compared to the typical daily volume of 1,832 call options.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AISP shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Airship AI in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Airship AI from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Roth Capital set a $8.00 price objective on shares of Airship AI in a research note on Monday, December 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell” and a consensus target price of $8.00.

Airship AI Trading Up 20.0%

AISP opened at $4.32 on Friday. The company has a market capitalization of $137.85 million, a price-to-earnings ratio of -2.14 and a beta of 0.34. Airship AI has a 12-month low of $2.71 and a 12-month high of $7.20. The business’s fifty day simple moving average is $3.30 and its 200-day simple moving average is $4.50.

Airship AI (NASDAQ:AISP) last issued its earnings results on Friday, November 14th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.13. The business had revenue of $1.18 million for the quarter, compared to the consensus estimate of $8.30 million. On average, equities research analysts predict that Airship AI will post 1.71 EPS for the current year.

Insider Activity

In related news, President Paul M. Allen purchased 100,000 shares of the business’s stock in a transaction on 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 acquisition, the president owned 151,948 shares of the company’s stock, valued at approximately $416,337.52. This trade represents a 192.50% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Louis Lebedin bought 50,000 shares of Airship AI stock in a transaction that occurred on Tuesday, November 18th. The stock was purchased at an average cost of $3.18 per share, with a total value of $159,000.00. Following the completion of the acquisition, the director directly owned 100,000 shares in the company, valued at $318,000. This represents a 100.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 201,000 shares of company stock valued at $595,180 in the last 90 days. Company insiders own 46.80% of the company’s stock.

Institutional Trading of Airship AI

A number of hedge funds have recently bought and sold shares of the stock. Police & Firemen s Retirement System of New Jersey bought a new stake in Airship AI during the 2nd quarter valued at $30,000. Quarry LP bought a new stake in shares of Airship AI in the 3rd quarter valued at about $31,000. SG Americas Securities LLC purchased a new position in shares of Airship AI in the 4th quarter worth approximately $39,000. JPMorgan Chase & Co. grew its position in shares of Airship AI by 90.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,567 shares of the company’s stock worth $56,000 after buying an additional 4,556 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Airship AI by 150.5% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,932 shares of the company’s stock worth $64,000 after acquiring an additional 6,568 shares in the last quarter. Hedge funds and other institutional investors own 5.89% of the company’s stock.

Airship AI Company Profile

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.