AiRWA (NASDAQ:YYAI) Major Shareholder Sells $33,750.32 in Stock

AiRWA Inc. (NASDAQ:YYAI) major shareholder Financial Lp Hrt sold 421,879 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $0.08, for a total value of $33,750.32. Following the sale, the insider owned 803,442 shares of the company’s stock, valued at approximately $64,275.36. This represents a 34.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Friday, August 7th, Financial Lp Hrt bought 75,985 shares of AiRWA stock. The stock was acquired at an average price of $0.08 per share, for a total transaction of $6,078.80.
• On Tuesday, August 4th, Financial Lp Hrt sold 414,525 shares of AiRWA stock. The stock was sold at an average price of $0.02, for a total value of $8,290.50.

AiRWA Trading Down 12.2%

YYAI stock opened at $0.06 on Friday. The firm has a 50-day moving average price of $5.90 and a 200-day moving average price of $23.94. AiRWA Inc. has a 12 month low of $0.06 and a 12 month high of $10,576.80. The stock has a market capitalization of $67,095.00, a P/E ratio of 0.00 and a beta of -1.61.

Hedge Funds Weigh In On AiRWA

Several large investors have recently bought and sold shares of YYAI. Geode Capital Management LLC boosted its stake in shares of AiRWA by 136.7% during the fourth quarter. Geode Capital Management LLC now owns 176,626 shares of the company’s stock valued at $138,000 after purchasing an additional 101,999 shares in the last quarter. Jane Street Group LLC raised its holdings in AiRWA by 47.7% in the 4th quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock valued at $55,000 after buying an additional 22,951 shares during the last quarter. Finally, XTX Topco Ltd raised its holdings in AiRWA by 12.5% in the 2nd quarter. XTX Topco Ltd now owns 50,761 shares of the company’s stock valued at $45,000 after buying an additional 5,630 shares during the last quarter. 4.03% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of AiRWA in a research report on Thursday, June 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average 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.