Vesey Street Capital Partners L.L.C. Purchases 1,000,000 Shares of AirSculpt Technologies, Inc. $AIRS

Vesey Street Capital Partners L.L.C. boosted its position in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 3.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,324,180 shares of the company’s stock after acquiring an additional 1,000,000 shares during the quarter. AirSculpt Technologies accounts for approximately 100.0% of Vesey Street Capital Partners L.L.C.’s investment portfolio, making the stock its biggest holding. Vesey Street Capital Partners L.L.C. owned approximately 48.57% of AirSculpt Technologies worth $146,466,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Matauro LLC bought a new position in shares of AirSculpt Technologies in the 2nd quarter valued at about $557,000. Citizens Financial Group Inc. RI acquired a new stake in AirSculpt Technologies in the 1st quarter valued at about $232,000. Invesco Ltd. acquired a new stake in AirSculpt Technologies in the 1st quarter valued at about $56,000. American Century Companies Inc. bought a new position in AirSculpt Technologies during the first quarter worth about $32,000. Finally, Kapitalo Investimentos Ltda acquired a new position in AirSculpt Technologies during the second quarter worth approximately $51,000. Institutional investors and hedge funds own 91.54% of the company’s stock.

AirSculpt Technologies Trading Down 9.0%

Shares of AIRS stock opened at $5.77 on Wednesday. AirSculpt Technologies, Inc. has a 12-month low of $1.53 and a 12-month high of $12.00. The company has a market capitalization of $360.28 million, a PE ratio of -19.23 and a beta of 2.57. The firm has a 50 day moving average price of $8.22 and a two-hundred day moving average price of $6.16. The company has a quick ratio of 0.64, a current ratio of 0.51 and a debt-to-equity ratio of 0.63.

AirSculpt Technologies (NASDAQ:AIRS) last posted its earnings results on Friday, November 7th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03). The firm had revenue of $34.99 million during the quarter, compared to analyst estimates of $39.80 million. AirSculpt Technologies had a negative net margin of 11.41% and a negative return on equity of 14.30%. AirSculpt Technologies has set its FY 2025 guidance at EPS. As a group, analysts predict that AirSculpt Technologies, Inc. will post -0.01 earnings per share for the current year.

Analyst Ratings Changes

AIRS has been the topic of several research analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of AirSculpt Technologies in a research note on Tuesday, October 14th. Leerink Partners reissued a “market perform” rating and set a $6.00 target price on shares of AirSculpt Technologies in a report on Tuesday. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $5.50.

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.