Insiders Could Have Profited By Holding onto Airship AI Holdings Shares Despite 16% Drop

Airship AI Holdings, Inc.'s (NASDAQ:AISP) stock price has dropped 16% in the previous week, but insiders who sold US$1.0m in stock over the past year have had less luck. Given that the average selling price of US$5.86 is still lower than the current share price, insiders would probably have been better off keeping their shares.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

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Airship AI Holdings Insider Transactions Over The Last Year

The Chief Technology Officer, Yanda Ma, made the biggest insider sale in the last 12 months. That single transaction was for US$387k worth of shares at a price of US$6.45 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$3.28). So it is hard to draw any strong conclusion from it.

Happily, we note that in the last year insiders paid US$351k for 111.00k shares. But insiders sold 178.84k shares worth US$1.0m. All up, insiders sold more shares in Airship AI Holdings than they bought, over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for Airship AI Holdings

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Airship AI Holdings Insiders Bought Stock Recently

Over the last three months, we've seen significant insider buying at Airship AI Holdings. Not only was there no selling that we can see, but they collectively bought US$351k worth of shares. That shows some optimism about the company's future.

Does Airship AI Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Airship AI Holdings insiders own 38% of the company, worth about US$45m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Airship AI Holdings Insider Transactions Indicate?

The recent insider purchases are heartening. On the other hand the transaction history, over the last year, isn't so positive. While recent transactions indicate confidence in Airship AI Holdings, insiders don't own enough of the company to overcome our cautiousness about the longer term transactions. Overall they seem reasonably aligned. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Airship AI Holdings. For instance, we've identified 4 warning signs for Airship AI Holdings (2 are concerning) you should be aware of.

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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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.