Potential Airship AI Holdings, Inc.( NASDAQ:AISP ) shareholders may wish to note that the President, Paul Allen, recently bought US$274k worth of stock, paying US$2.74 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 193%.
Airship AI Holdings Insider Transactions Over The Last Year
Notably, that recent purchase by President Paul Allen was not the only time they traded Airship AI Holdings shares this year. They previously made a saleof -US$358k worth of shares at a price of US$5.11 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$2.89). So it is hard to draw any strong conclusion from it.
In the last twelve months insiders purchased 211.00k shares for US$625k. On the other hand they divested 96.84k shares, for US$524k. In total, Airship AI Holdings insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Check out our latest analysis for Airship AI Holdings
Airship AI Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does Airship AI Holdings Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 39% of Airship AI Holdings shares, worth about US$39m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
What Might The Insider Transactions At Airship AI Holdings Tell Us?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Given that insiders also own a fair bit of Airship AI Holdings we think they are probably pretty confident of a bright future. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To help with this, we've discovered 4 warning signs (2 can't be ignored!) that you ought to be aware of before buying any shares in Airship AI Holdings.
Of course Airship AI Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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