Hongyu Zhou Acquires 123,088 Shares of AiRWA (NASDAQ:YYAI) Stock

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou acquired 123,088 shares of the business’s stock in a transaction on Tuesday, January 6th. The stock was acquired at an average price of $1.02 per share, with a total value of $125,549.76. Following the acquisition, the director owned 302,470 shares in the company, valued at $308,519.40. The trade was a 68.62% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

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

• On Monday, January 5th, Hongyu Zhou bought 16,830 shares of AiRWA stock. The shares were bought at an average price of $1.00 per share, for a total transaction of $16,830.00.

AiRWA Stock Performance

NASDAQ:YYAI opened at $1.31 on Friday. AiRWA Inc. has a one year low of $0.77 and a one year high of $264.42. The stock has a market cap of $24.86 million, a PE ratio of 0.33 and a beta of -1.97. The stock has a 50 day moving average price of $1.10 and a 200 day moving average price of $66.52.

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

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on YYAI. 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 report on Sunday, November 9th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, AiRWA presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AiRWA stock. Geode Capital Management LLC raised its stake in shares of AiRWA Inc. (NASDAQ:YYAI) by 7.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 90,581 shares of the company’s stock after acquiring an additional 6,116 shares during the period. Geode Capital Management LLC owned approximately 0.62% of AiRWA worth $81,000 as of its most recent SEC filing. Institutional investors own 4.03% of the company’s stock.

About AiRWA

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.