Airsculpt Technologies Inc (NASDAQ: AIRS) is 2.70% higher on its value in year-to-date trading and has touched a low of $2.92 and a high of $9.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AIRS stock was last observed hovering at around $4.93 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $5.33, the stock is -2.85% and -15.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 8.11% at the moment leaves the stock 4.36% off its SMA200. AIRS registered -32.96% loss for a year compared to 6-month gain of 16.38%. The firm has a 50-day simple moving average (SMA 50) of $6.2998 and a 200-day simple moving average (SMA200) of $5.107375.
The stock witnessed a -10.87% loss in the last 1 month and extending the period to 3 months gives it a -8.42%, and is -10.87% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.97% over the week and 9.67% over the month.
Airsculpt Technologies Inc (AIRS) has around 346 employees, a market worth around $308.51M and $188.78M in sales. Fwd P/E is 30.07. Profit margin for the company is -4.13%. Distance from 52-week low is 82.53% and -42.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.45%).
with sales reaching $38.99M over the same period.The EPS is expected to shrink by -76.99% this year, but quarterly earnings will post -8.04% year-over-year. Quarterly sales are estimated to shrink -18.11% in year-over-year returns.
Airsculpt Technologies Inc (AIRS) Top Institutional Holders
81.0 institutions hold shares in Airsculpt Technologies Inc (AIRS), with institutional investors hold 100.21% of the company’s shares. The shares outstanding are 57.81M, and float is at 12.27M with Short Float at 21.95%. Institutions hold 73.25% of the Float.
The top institutional shareholder in the company is VESEY STREET CAPITAL PARTNERS, L.L.C. with over 29.32 million shares valued at $117.3 million. The investor’s holdings represent 51.0678% of the AIRS Shares outstanding. As of 2024-06-30, the second largest holder is SW INVESTMENT MANAGEMENT LLC with 4.5 million shares valued at $18.0 million to account for 7.8367 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.78 million shares representing 1.3567% and valued at over $3.12 million, while VANGUARD GROUP INC holds 1.0182 of the shares totaling 0.58 million with a market value of $2.34 million.
Airsculpt Technologies Inc (AIRS) Insider Activity
The most recent transaction is an insider sale by Rollins Aaron, the company’s Executive Chairman. SEC filings show that Rollins Aaron sold 49,019 shares of the company’s common stock on Nov 15 ’24 at a price of $6.54 per share for a total of $0.32 million. Following the sale, the insider now owns 14.99 million shares.
Airsculpt Technologies Inc disclosed in a document filed with the SEC on Nov 14 ’24 that Rollins Aaron (Executive Chairman) sold a total of 44,756 shares of the company’s common stock. The trade occurred on Nov 14 ’24 and was made at $7.17 per share for $0.32 million. Following the transaction, the insider now directly holds 15.04 million shares of the AIRS stock.
Still, SEC filings show that on Nov 13 ’24, Rollins Aaron (Executive Chairman) disposed off 15,438 shares at an average price of $7.53 for $0.12 million. The insider now directly holds 15,080,464 shares of Airsculpt Technologies Inc (AIRS).
