MYDA Advisors LLC Invests $1.30 Million in AirSculpt Technologies, Inc. (NASDAQ:AIRS)

MYDA Advisors LLC acquired a new stake in AirSculpt Technologies, Inc. (NASDAQ:AIRS – Get Rating) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 75,346 shares of the company’s stock, valued at approximately $1,295,000. MYDA Advisors LLC owned approximately 0.14% of AirSculpt Technologies as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Citigroup Inc. acquired a new stake in AirSculpt Technologies in the fourth quarter valued at about $40,000. JPMorgan Chase & Co. acquired a new stake in AirSculpt Technologies in the fourth quarter valued at about $43,000. Bank of America Corp DE acquired a new stake in AirSculpt Technologies in the fourth quarter valued at about $63,000. Thompson Siegel & Walmsley LLC acquired a new stake in AirSculpt Technologies in the fourth quarter valued at about $189,000. Finally, Must Asset Management Inc. acquired a new stake in AirSculpt Technologies in the fourth quarter valued at about $218,000. 64.47% of the stock is currently owned by institutional investors and hedge funds.

Shares of AIRS traded up $0.66 during mid-day trading on Tuesday, reaching $8.20. 3,604 shares of the company were exchanged, compared to its average volume of 193,396. AirSculpt Technologies, Inc. has a 52 week low of $7.41 and a 52 week high of $18.48. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.79 and a quick ratio of 1.79. The stock has a 50 day simple moving average of $11.92.

AIRS has been the topic of several research analyst reports. SVB Leerink raised their price objective on AirSculpt Technologies from $26.00 to $27.00 and gave the company an “outperform” rating in a research note on Monday, March 14th. Zacks Investment Research lowered AirSculpt Technologies from a “buy” rating to a “hold” rating in a research note on Monday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $18.70.

About AirSculpt Technologies (Get Rating)

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

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