Airship AI (NASDAQ:AISP) Now Covered by Benchmark

Investment analysts at Benchmark started coverage on shares of Airship AI (NASDAQ:AISP) in a research note issued on Wednesday, Marketbeat Ratings reports. The firm set a “buy” rating and a $6.00 price target on the stock. Benchmark’s target price suggests a potential upside of 62.38% from the stock’s previous close.

Airship AI Trading Down 1.2 %

AISP opened at $3.70 on Wednesday. The business’s 50-day simple moving average is $2.36 and its 200 day simple moving average is $3.48. Airship AI has a 52-week low of $1.34 and a 52-week high of $14.32.

Airship AI (NASDAQ:AISP) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The company had revenue of $6.40 million for the quarter, compared to the consensus estimate of $5.40 million.

Insider Buying and Selling at Airship AI

In other Airship AI news, President Paul M. Allen sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $3.40, for a total value of $102,000.00. Following the sale, the president now owns 70,000 shares in the company, valued at $238,000. This represents a 30.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 15.15% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Airship AI stock. Virtu Financial LLC purchased a new stake in Airship AI Holdings, Inc. (NASDAQ:AISP) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 22,379 shares of the company’s stock, valued at approximately $147,000. Virtu Financial LLC owned 0.10% of Airship AI as of its most recent SEC filing. 5.89% of the stock is currently owned by institutional investors and hedge funds.

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.