Insider Buying: AiRWA (NASDAQ:YYAI) Director Buys $125,549.76 in Stock

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou purchased 123,088 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were acquired at an average cost of $1.02 per share, for a total transaction of $125,549.76. Following the purchase, the director owned 302,470 shares of the company’s stock, valued at $308,519.40. This represents a 68.62% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hongyu Zhou also recently made the following trade(s):

• On Thursday, January 8th, Hongyu Zhou acquired 139,097 shares of AiRWA stock. The stock was acquired at an average cost of $1.21 per share, with a total value of $168,307.37.
• On Wednesday, January 7th, Hongyu Zhou bought 50,000 shares of AiRWA stock. The stock was acquired at an average price of $1.03 per share, for a total transaction of $51,500.00.
• On Monday, January 5th, Hongyu Zhou bought 16,830 shares of AiRWA stock. The shares were acquired at an average price of $1.00 per share, for a total transaction of $16,830.00.

AiRWA Trading Down 4.6%

Shares of NASDAQ:YYAI opened at $1.25 on Friday. The company has a market cap of $23.73 million, a price-to-earnings ratio of 0.32 and a beta of -1.97. AiRWA Inc. has a 12 month low of $0.77 and a 12 month high of $264.42. The company has a 50-day moving average price of $1.08 and a 200 day moving average price of $66.24.

AiRWA (NASDAQ:YYAI) last issued its quarterly earnings data on Tuesday, December 23rd. The company reported $0.00 earnings per share for the quarter. The company had revenue of $3.00 million for the quarter. AiRWA had a return on equity of 2.22% and a net margin of 6.47%.

Institutional Trading of AiRWA

A hedge fund recently raised its stake in AiRWA stock. Geode Capital Management LLC lifted its position in AiRWA Inc. (NASDAQ:YYAI) by 7.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 90,581 shares of the company’s stock after purchasing an additional 6,116 shares during the period. Geode Capital Management LLC owned 0.62% of AiRWA worth $81,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 4.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on YYAI shares. Weiss Ratings restated a “sell (d)” rating on shares of AiRWA in a research report on Friday, December 26th. Wall Street Zen downgraded shares of AiRWA from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

AiRWA Company Profile

Connexa Sports Technologies Inc engages in the sports equipment and technology business in the United States. The company offers Slinger Launcher, a portable padel tennis ball launcher and pickleball launcher; and Slinger Bag Launcher, a ball launcher built into transport wheeled trolley bag. It also provides Gameface, AI technology and performance analytics for sports. Connexa Sports Technologies Inc is based in Windsor Mill, Maryland.