AirSculpt Technologies, Inc. (NASDAQ:AIRS) CEO Dennis Dean Sells 7,719 Shares

AirSculpt Technologies, Inc. (NASDAQ:AIRS) CEO Dennis Dean sold 7,719 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $7.53, for a total transaction of $58,124.07. Following the completion of the transaction, the chief executive officer now owns 628,940 shares in the company, valued at $4,735,918.20. This trade represents a 1.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Dennis Dean also recently made the following trade(s):

• On Friday, November 15th, Dennis Dean sold 24,510 shares of AirSculpt Technologies stock. The stock was sold at an average price of $6.54, for a total transaction of $160,295.40.

AirSculpt Technologies Stock Performance

AirSculpt Technologies stock traded down $0.45 during midday trading on Friday, hitting $6.51. The stock had a trading volume of 354,838 shares, compared to its average volume of 85,377. The firm’s fifty day moving average is $5.55 and its two-hundred day moving average is $4.75. The company has a market capitalization of $376.80 million, a PE ratio of -46.50 and a beta of 1.57. AirSculpt Technologies, Inc. has a 52-week low of $2.92 and a 52-week high of $9.20. The company has a current ratio of 0.51, a quick ratio of 0.86 and a debt-to-equity ratio of 0.80.

AirSculpt Technologies (NASDAQ:AIRS) last released its earnings results on Friday, November 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.05). The firm had revenue of $42.55 million during the quarter, compared to analysts’ expectations of $42.49 million. AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. During the same period in the prior year, the company posted ($0.01) earnings per share. On average, research analysts forecast that AirSculpt Technologies, Inc. will post 0.15 EPS for the current year.

Institutional Investors Weigh In On AirSculpt Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. SW Investment Management LLC grew its holdings in AirSculpt Technologies by 5.0% during the 2nd quarter. SW Investment Management LLC now owns 4,500,000 shares of the company’s stock valued at $18,000,000 after buying an additional 213,677 shares in the last quarter. Vanguard Group Inc. grew its holdings in AirSculpt Technologies by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 576,038 shares of the company’s stock valued at $3,537,000 after buying an additional 5,606 shares in the last quarter. FourWorld Capital Management LLC purchased a new stake in AirSculpt Technologies during the 1st quarter valued at approximately $557,000. Finally, Barclays PLC grew its holdings in AirSculpt Technologies by 227.0% during the 3rd quarter. Barclays PLC now owns 19,100 shares of the company’s stock valued at $97,000 after buying an additional 13,259 shares in the last quarter. 91.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, BTIG Research started coverage on shares of AirSculpt Technologies in a research note on Thursday, October 17th. They issued a “neutral” rating on the stock. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $5.50.

About AirSculpt Technologies

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.