AirSculpt Technologies, Inc. (NASDAQ:AIRS) Director Buys $98,880.00 in Stock

0

AirSculpt Technologies, Inc. (NASDAQ:AIRS – Get Rating) Director Kenneth Higgins purchased 12,000 shares of the company in a trade dated Wednesday, May 18. The shares were purchased at an average cost of $8.24 per share, for a total transaction of $98,880.00. Following the completion of the acquisition, the administrator now owns 25,910 shares of the company, valued at approximately $213,498.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible via the SEC’s website.

AirSculpt Technologies stock traded down $0.22 during trading hours on Friday, hitting $8.23. The company had a trading volume of 7,338 shares, compared to an average volume of 204,186. AirSculpt Technologies, Inc. has a one-year low of $7.06 and a one-year high of $18.48. The company has a 50-day moving average of $11.60 and a 200-day moving average of $13.09. The company has a quick ratio of 1.79, a current ratio of 2.03 and a debt ratio of 0.91.

Several research companies have weighed in on AIRS. Zacks Investment Research moved shares of AirSculpt Technologies from a “hold” rating to a “buy” rating and set a price target of $8.50 on the stock in a report released Tuesday. SVB Leerink raised its price target on AirSculpt Technologies shares from $26.00 to $27.00 and gave the company an “outperform” rating in a Monday, March 14 report. Five equity research analysts rated the stock with a buy rating. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $18.50.

(A d)

AI is going to be one of the dominant themes over the next decade as companies automate their businesses and use AI to stay competitive.

Institutional investors and hedge funds have recently changed their positions in the company. Penserra Capital Management LLC bought a new position in shares of AirSculpt Technologies during the fourth quarter for a value of approximately $38,000. Citigroup Inc. bought a new position in shares of AirSculpt Technologies during the fourth quarter for a value of approximately $40,000. JPMorgan Chase & Co. bought a new position in shares of AirSculpt Technologies during the fourth quarter for a value of approximately $43,000. Bank of America Corp DE bought a new position in shares of AirSculpt Technologies during the fourth quarter for a value of approximately $63,000. Finally, California State Teachers Retirement System bought a new position in shares of AirSculpt Technologies during the fourth quarter for a value of approximately $63,000. 64.47% of the shares are currently held by institutional investors.

AirSculpt Technologies Company Profile (Get a rating)

AirSculpt Technologies, Inc, together with its subsidiaries, is focused on operating as a holding company for EBS Intermediate Parent LLC which provides body contouring procedural services in the United States. He offers personalized body contouring using his AirSculpt procedure which removes unwanted fat in a minimally invasive procedure.

See also

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in AirSculpt Technologies right now?

Before you consider AirSculpt Technologies, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes hold…and AirSculpt Technologies was not on the list.

Although AirSculpt Technologies currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Share.

Comments are closed.