AirSculpt Technologies, Inc. (NASDAQ:AIRS) Shares Bought by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP grew its position in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRSFree Report) by 129.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 142,686 shares of the company’s stock after acquiring an additional 80,488 shares during the quarter. ExodusPoint Capital Management LP owned about 0.25% of AirSculpt Technologies worth $719,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. increased its stake in AirSculpt Technologies by 4.0% during the third quarter. BlackRock Inc. now owns 617,650 shares of the company’s stock worth $3,972,000 after acquiring an additional 23,941 shares during the last quarter. AWM Investment Company Inc. boosted its position in shares of AirSculpt Technologies by 38.2% in the fourth quarter. AWM Investment Company Inc. now owns 598,091 shares of the company’s stock worth $2,213,000 after buying an additional 165,329 shares during the period. Vanguard Group Inc. boosted its position in shares of AirSculpt Technologies by 32.1% in the third quarter. Vanguard Group Inc. now owns 468,655 shares of the company’s stock worth $3,014,000 after buying an additional 113,961 shares during the period. Gilder Gagnon Howe & Co. LLC boosted its position in shares of AirSculpt Technologies by 48.3% in the first quarter. Gilder Gagnon Howe & Co. LLC now owns 346,876 shares of the company’s stock worth $4,745,000 after buying an additional 112,915 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of AirSculpt Technologies by 7.0% in the fourth quarter. Geode Capital Management LLC now owns 208,028 shares of the company’s stock worth $769,000 after buying an additional 13,674 shares during the period. 67.72% of the stock is currently owned by institutional investors and hedge funds.

AirSculpt Technologies Stock Performance

Shares of AIRS opened at $7.63 on Thursday. The business’s 50 day moving average is $8.35 and its two-hundred day moving average is $6.90. AirSculpt Technologies, Inc. has a 52-week low of $2.69 and a 52-week high of $9.94. The firm has a market cap of $433.23 million, a price-to-earnings ratio of -33.17 and a beta of 2.11. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.99.

AirSculpt Technologies (NASDAQ:AIRSGet Free Report) last announced its earnings results on Friday, August 11th. The company reported $0.07 earnings per share (EPS) for the quarter. AirSculpt Technologies had a positive return on equity of 2.56% and a negative net margin of 7.07%. The company had revenue of $55.70 million for the quarter, compared to analyst estimates of $55.71 million. Analysts forecast that AirSculpt Technologies, Inc. will post 0.06 EPS for the current fiscal year.

Analyst Ratings Changes

AIRS has been the subject of several analyst reports. TheStreet raised AirSculpt Technologies from a “d+” rating to a “c-” rating in a research report on Tuesday, August 8th. Raymond James upped their target price on AirSculpt Technologies from $8.00 to $10.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 1st. Finally, Morgan Stanley raised their price objective on AirSculpt Technologies from $6.00 to $8.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 22nd. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, AirSculpt Technologies presently has an average rating of “Moderate Buy” and an average target price of $7.50.

Check Out Our Latest Stock Report on AIRS

AirSculpt Technologies Company Profile

(Free Report)

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 custom body contouring using its AirSculpt procedure that removes unwanted fat in a minimally invasive procedure.

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Institutional Ownership by Quarter for AirSculpt Technologies (NASDAQ:AIRS)

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