Airship AI (NASDAQ:AISP) Earns Buy Rating from Benchmark

Airship AI (NASDAQ:AISP)‘s stock had its “buy” rating restated by analysts at Benchmark in a note issued to investors on Tuesday,Benzinga reports. They currently have a $6.00 target price on the stock. Benchmark’s target price points to a potential upside of 134.38% from the stock’s current price.

Airship AI Stock Down 5.9 %

Shares of NASDAQ AISP opened at $2.56 on Tuesday. Airship AI has a 1 year low of $1.34 and a 1 year high of $14.32. The stock has a fifty day moving average price of $2.37 and a two-hundred day moving average price of $3.34.

Insider Activity

In other news, President Paul M. Allen sold 30,000 shares of Airship AI stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $3.40, for a total value of $102,000.00. Following the completion of the transaction, the president now owns 70,000 shares in the company, valued at approximately $238,000. The trade was a 30.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 57.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Airship AI

A number of hedge funds and other institutional investors have recently made changes to their positions in AISP. Charles Schwab Investment Management Inc. increased its stake in shares of Airship AI by 70.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 29,507 shares of the company’s stock worth $68,000 after purchasing an additional 12,214 shares during the last quarter. Virtu Financial LLC acquired a new position in Airship AI in the 1st quarter valued at approximately $147,000. State Street Corp increased its position in shares of Airship AI by 54.2% during the third quarter. State Street Corp now owns 128,685 shares of the company’s stock worth $296,000 after buying an additional 45,247 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Airship AI by 12.1% in the third quarter. Geode Capital Management LLC now owns 199,701 shares of the company’s stock worth $459,000 after purchasing an additional 21,616 shares during the period. 5.89% of the stock is owned by institutional investors.

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.