AiRWA (NASDAQ:YYAI) Director Hongyu Zhou Acquires 16,830 Shares

AiRWA Inc. (NASDAQ:YYAI) Director Hongyu Zhou purchased 16,830 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were acquired at an average cost of $1.00 per share, with a total value of $16,830.00. Following the purchase, the director directly owned 179,382 shares of the company’s stock, valued at approximately $179,382. The trade was a 10.35% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, January 6th, Hongyu Zhou purchased 123,088 shares of AiRWA stock. The shares were acquired at an average price of $1.02 per share, for a total transaction of $125,549.76.

AiRWA Stock Down 1.9%

NASDAQ YYAI opened at $1.03 on Thursday. The company has a market capitalization of $19.55 million, a price-to-earnings ratio of 0.26 and a beta of -1.97. AiRWA Inc. has a twelve month low of $0.77 and a twelve month high of $264.42. The stock has a fifty day simple moving average of $1.13 and a 200 day simple moving average of $66.98.

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

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Wall Street Zen cut AiRWA from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of AiRWA in a research note on Friday, December 26th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Institutional Investors Weigh In On AiRWA

An institutional investor recently raised its position in AiRWA stock. XTX Topco Ltd grew its holdings in shares of AiRWA Inc. (NASDAQ:YYAI) by 12.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 50,761 shares of the company’s stock after buying an additional 5,630 shares during the period. XTX Topco Ltd owned approximately 0.35% of AiRWA worth $45,000 as of its most recent filing with the SEC. 4.03% of the stock is owned by institutional investors and hedge funds.

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.