Charles Schwab Investment Management Inc. Has $637,000 Holdings in AirSculpt Technologies, Inc. (NASDAQ:AIRS)

Charles Schwab Investment Management Inc. trimmed its position in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 8.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 125,705 shares of the company’s stock after selling 12,127 shares during the period. Charles Schwab Investment Management Inc. owned 0.22% of AirSculpt Technologies worth $637,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, SW Investment Management LLC grew its position in shares of AirSculpt Technologies by 5.0% in the 2nd quarter. SW Investment Management LLC now owns 4,500,000 shares of the company’s stock valued at $18,000,000 after acquiring an additional 213,677 shares during the period. 91.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, BTIG Research initiated coverage on shares of AirSculpt Technologies in a report on Thursday, October 17th. They issued a “neutral” rating on the stock.

AirSculpt Technologies Trading Down 7.0 %

AIRS stock opened at $5.85 on Thursday. The stock has a market cap of $338.61 million, a price-to-earnings ratio of -41.79 and a beta of 1.64. The company has a fifty day moving average price of $6.42 and a two-hundred day moving average price of $5.06. AirSculpt Technologies, Inc. has a one year low of $2.92 and a one year high of $9.20. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.51 and a quick ratio of 0.51.

AirSculpt Technologies (NASDAQ:AIRS) last announced its quarterly earnings results on Friday, November 8th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.05). The company had revenue of $42.55 million during the quarter, compared to analyst estimates of $42.49 million. AirSculpt Technologies had a negative net margin of 4.13% and a positive return on equity of 2.22%. During the same quarter last year, the company posted ($0.01) EPS. Equities analysts anticipate that AirSculpt Technologies, Inc. will post 0.08 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Dennis Dean sold 7,719 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $7.53, for a total value of $58,124.07. Following the completion of the sale, the chief executive officer now directly owns 628,940 shares in the company, valued at approximately $4,735,918.20. The trade was a 1.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 78.77% of the company’s stock.

AirSculpt Technologies Company Profile

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.