AirSculpt Technologies, Inc. (NASDAQ:AIRS) Shares Purchased by Barclays PLC

Barclays PLC increased its holdings in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 227.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,100 shares of the company’s stock after acquiring an additional 13,259 shares during the quarter. Barclays PLC’s holdings in AirSculpt Technologies were worth $97,000 at the end of the most recent quarter.

Separately, SW Investment Management LLC raised its stake in AirSculpt Technologies by 5.0% during the second quarter. SW Investment Management LLC now owns 4,500,000 shares of the company’s stock worth $18,000,000 after acquiring an additional 213,677 shares during the period. Institutional investors own 91.54% of the company’s stock.

AirSculpt Technologies Price Performance

NASDAQ AIRS opened at $6.03 on Thursday. AirSculpt Technologies, Inc. has a 52 week low of $2.92 and a 52 week high of $9.20. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.80. The stock has a market cap of $349.03 million, a price-to-earnings ratio of -43.07 and a beta of 1.71. The company has a 50-day moving average price of $6.39 and a two-hundred day moving average price of $5.21.

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

Analyst Ratings Changes

AIRS has been the topic of several research reports. Piper Sandler dropped their price objective on shares of AirSculpt Technologies from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Monday. BTIG Research initiated coverage on shares of AirSculpt Technologies in a research note on Thursday, October 17th. They set a “neutral” rating on the stock. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $5.50.

Insiders Place Their Bets

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

AirSculpt Technologies 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.