Charles Schwab Investment Management Inc. Sells 25,034 Shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS)

Charles Schwab Investment Management Inc. cut its holdings in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 19.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 100,671 shares of the company’s stock after selling 25,034 shares during the period. Charles Schwab Investment Management Inc. owned 0.17% of AirSculpt Technologies worth $522,000 as of its most recent SEC filing.

Separately, Barclays PLC increased its position in AirSculpt Technologies by 227.0% during the 3rd quarter. Barclays PLC now owns 19,100 shares of the company’s stock valued at $97,000 after purchasing an additional 13,259 shares during the period. 91.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on AIRS. Leerink Partners dropped their target price on shares of AirSculpt Technologies from $6.50 to $2.50 and set a “market perform” rating for the company in a research report on Monday. Piper Sandler lowered their price objective on shares of AirSculpt Technologies from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Five research analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $3.75.

AirSculpt Technologies Price Performance

AIRS opened at $2.34 on Tuesday. 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 company has a market cap of $137.07 million, a price-to-earnings ratio of -16.71 and a beta of 1.69. The stock has a fifty day simple moving average of $4.30 and a two-hundred day simple moving average of $5.32. AirSculpt Technologies, Inc. has a 12-month low of $2.10 and a 12-month high of $9.20.

AirSculpt Technologies (NASDAQ:AIRS) last issued its quarterly earnings results on Friday, March 14th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.05). AirSculpt Technologies had a positive return on equity of 2.22% and a negative net margin of 4.13%. The business had revenue of $39.18 million during the quarter, compared to the consensus estimate of $38.99 million. During the same quarter in the previous year, the business earned $0.01 earnings per share. Research analysts predict that AirSculpt Technologies, Inc. will post -0.01 earnings per share for the current fiscal year.

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.