Yahoo Finance Airship AI Holdings, Inc. (NASDAQ:AISP) insiders have recently purchased stock and their bets paid off last week as company hit US$135m market cap
Key Insights
Airship AI Holdings' significant insider ownership suggests inherent interests in company's expansion
The top 4 shareholders own 50% of the company
Every investor in Airship AI Holdings, Inc. (NASDAQ:AISP) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 52% to be precise, is individual insiders. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Our data shows that insiders recently bought shares in the company and they were rewarded after market cap rose US$145m last week.
In the chart below, we zoom in on the different ownership groups of Airship AI Holdings.
View our latest analysis for Airship AI Holdings
What Does The Institutional Ownership Tell Us About Airship AI Holdings?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
Less than 5% of Airship AI Holdings is held by institutional investors. This suggests that some funds have the company in their sights, but many have not yet bought shares in it. So if the company itself can improve over time, we may well see more institutional buyers in the future. It is not uncommon to see a big share price rise if multiple institutional investors are trying to buy into a stock at the same time. So check out the historic earnings trajectory, below, but keep in mind it's the future that counts most.
Hedge funds don't have many shares in Airship AI Holdings. Because actions speak louder than words, we consider it a good sign when insiders own a significant stake in a company. In Airship AI Holdings' case, its Chief Operating Officer, Derek Xu, is the largest shareholder, holding 31% of shares outstanding. With 13% and 5.6% of the shares outstanding respectively, Victor Huang and Jane Cui are the second and third largest shareholders. Interestingly, the second-largest shareholder, Victor Huang is also Chief Executive Officer, again, pointing towards strong insider ownership amongst the company's top shareholders.
Our research also brought to light the fact that roughly 50% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
Insider Ownership Of Airship AI Holdings
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
Our information suggests that insiders own more than half of Airship AI Holdings, Inc.. This gives them effective control of the company. That means they own US$70m worth of shares in the US$135m company. That's quite meaningful. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.
General Public Ownership
The general public, who are usually individual investors, hold a 47% stake in Airship AI Holdings. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
Next Steps:
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For example, we've discovered 3 warning signs for Airship AI Holdings that you should be aware of before investing here.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
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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.
