AiRWA (NASDAQ:YYAI) Major Shareholder Sells $70,878.16 in Stock

AiRWA Inc. (NASDAQ:YYAI) major shareholder Financial Lp Hrt sold 885,977 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $0.08, for a total value of $70,878.16. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, August 10th, Financial Lp Hrt sold 421,879 shares of AiRWA stock. The stock was sold at an average price of $0.08, for a total value of $33,750.32.
• On Friday, August 7th, Financial Lp Hrt purchased 75,985 shares of AiRWA stock. The shares were purchased at an average cost 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 shares were sold at an average price of $0.02, for a total value of $8,290.50.

AiRWA Trading Down 13.0%

Shares of YYAI traded down $0.01 during mid-day trading on Friday, hitting $0.06. The company’s stock had a trading volume of 24,776,954 shares, compared to its average volume of 8,895,620. The firm has a 50-day simple moving average of $5.90 and a 200 day simple moving average of $23.94. AiRWA Inc. has a 1-year low of $0.05 and a 1-year high of $10,576.80. The firm has a market capitalization of $58,380.00, a P/E ratio of 0.00 and a beta of -1.61.

Analyst Ratings Changes

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

Institutional Investors Weigh In On AiRWA

Large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its position in shares of AiRWA by 7.2% during the second quarter. Geode Capital Management LLC now owns 90,581 shares of the company’s stock worth $81,000 after acquiring an additional 6,116 shares during the last quarter. XTX Topco Ltd raised its holdings in shares of AiRWA by 12.5% during the second quarter. XTX Topco Ltd now owns 50,761 shares of the company’s stock worth $45,000 after purchasing an additional 5,630 shares during the period. Finally, Jane Street Group LLC lifted its holdings in AiRWA by 47.7% in the fourth quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock worth $55,000 after acquiring an additional 22,951 shares during the last quarter. 4.03% of the stock is owned by institutional investors and hedge funds.

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.