Airship AI (NASDAQ:AISP) Shares Up 8.5% - Still a Buy?

Airship AI Holdings, Inc. (NASDAQ:AISP - Get Free Report)'s stock price shot up 8.5% during trading on Wednesday . The stock traded as high as $2.36 and last traded at $2.30. 802,616 shares were traded during trading, a decline of 70% from the average session volume of 2,711,169 shares. The stock had previously closed at $2.12.Airship AI Stock PerformanceAirship AI Lands New Contract: Stock Soars 16% and More to ComeThe company's 50 day moving average is $2.35 and its 200 day moving average is $3.63. Airship AI (NASDAQ:AISP - Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The company had revenue of $6.40 million for the quarter, compared to analyst estimates of $5.40 million. Insider Activity3 Computer Vision Stocks for Long-Term Gains From AIIn other news, President Paul M. Allen sold 30,000 shares of the stock in a transaction 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. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 15.15% of the company's stock. Hedge Funds Weigh In On Airship AIA hedge fund recently bought a new stake in Airship AI stock. Virtu Financial LLC acquired a new stake in Airship AI Holdings, Inc. (NASDAQ:AISP - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 22,379 shares of the company's stock, valued at approximately $147,000. Virtu Financial LLC owned approximately 0.10% of Airship AI as of its most recent filing with the SEC. 5.89% of the stock is currently owned by institutional investors. Airship AI Company Profile (Get Free Report)5 Undervalued AI Stocks and Why to Buy ThemAirship 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.Featured StoriesFive stocks we like better than Airship AIOptions Trading - Understanding Strike PriceWhat a Trump Win Looks Like for the Market Now and Into 2025What is the Euro STOXX 50 Index?Russell 2000 Surge Post-Election: How to Play the Small-Cap PopFind and Profitably Trade Stocks at 52-Week LowsMacro Headwinds Send Microchip Technology Stock to the Buy ZoneThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ We recommended Nvidia in 2016, now we’re recommending this… (From Porter & Company) (Ad)Should you invest $1,000 in Airship AI right now?Before you consider Airship AI, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Airship AI wasn't on the list.While Airship AI currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here