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Recent Insider Activity Could Benefit Airsculpt Technologies Inc (AIRS)

Airsculpt Technologies Inc’s recent filing unveils that its Executive Chairman Rollins Aaron unloaded Company’s shares for reported $0.32 million on Nov 15 ’24. In the deal valued at $6.54 per share,49,019 shares were sold. As a result of this transaction, Rollins Aaron now holds 14,986,689 shares worth roughly $38.82 million.

Then, Rollins Aaron sold 44,756 shares, generating $320,677 in total proceeds. Upon selling the shares at $7.17, the Executive Chairman now owns 15,035,708 shares.

Before that, Rollins Aaron sold 15,438 shares. Airsculpt Technologies Inc shares valued at $116,231 were divested by the Executive Chairman at a price of $7.53 per share. As a result of the transaction, Rollins Aaron now holds 15,080,464 shares, worth roughly $39.06 million.

BTIG Research initiated its Airsculpt Technologies Inc [AIRS] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who decreased its forecast for the stock in mid May from “an Outperform” to “a Market perform”. Piper Sandler also remained covering AIRS and has decreased its forecast on November 11, 2022 with a “Neutral” recommendation from previously “an Overweight” rating. Morgan Stanley revised its rating on June 16, 2022. It rated AIRS as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of AIRS

On Tuesday, Airsculpt Technologies Inc [NASDAQ:AIRS] saw its stock fall -1.52% to $2.59. Over the last five days, the stock has lost -11.90%. Airsculpt Technologies Inc shares have fallen nearly -50.10% since the year began. Nevertheless, the stocks have fallen -54.32% over the past one year. While a 52-week high of $9.20 was reached on 01/08/25, a 52-week low of $2.43 was recorded on 03/18/25. SMA at 50 days reached $4.81, while 200 days put it at $5.02.

Levels Of Support And Resistance For AIRS Stock

The 24-hour chart illustrates a support level at 2.45, which if violated will result in even more drops to 2.31. On the upside, there is a resistance level at 2.68. A further resistance level may holdings at 2.77. The Relative Strength Index (RSI) on the 14-day chart is 21.91, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.67%. Stochastics %K at 11.62% indicates the stock is a buying.

How much short interest is there in Airsculpt Technologies Inc?

A steep rise in short interest was recorded in Airsculpt Technologies Inc stocks on 2025-02-28, growing by 0.24 million shares to a total of 3.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.85 million shares. There was a rise of 7.67%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on November 23, 2021 when SVB Leerink began covering the stock and recommended ‘”an Outperform”‘ rating along with a $26 price target.

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