Airship AI (NASDAQ:AISP) Now Covered by Benchmark

Benchmark initiated coverage on shares of Airship AI (NASDAQ:AISP) in a research report report published on Wednesday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $6.00 target price on the stock.

Airship AI Price Performance

NASDAQ AISP opened at $3.74 on Wednesday. Airship AI has a twelve month low of $1.34 and a twelve month high of $14.32. The business’s fifty day moving average is $2.34 and its 200 day moving average is $3.47.

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

Insider Buying and Selling

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 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 directly owns 70,000 shares in the company, valued at approximately $238,000. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 15.15% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Airship AI

An institutional investor recently raised its position in Airship AI stock. Charles Schwab Investment Management Inc. increased its stake in Airship AI Holdings, Inc. (NASDAQ:AISP) by 70.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,507 shares of the company’s stock after acquiring an additional 12,214 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.13% of Airship AI worth $68,000 at the end of the most recent reporting period. 5.89% of the stock is currently owned by hedge funds and other institutional investors.

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.