Financial Lp Hrt Sells 421,879 Shares of AiRWA (NASDAQ:YYAI) Stock

AiRWA Inc. (NASDAQ:YYAI) major shareholder Financial Lp Hrt sold 421,879 shares of the 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 in the company, valued at $64,275.36. The trade was a 34.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions 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 bought at an average cost of $0.08 per share, with a total value 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 transaction of $8,290.50.

AiRWA Stock Down 10.7%

YYAI stock opened at $0.07 on Thursday. AiRWA Inc. has a twelve month low of $0.07 and a twelve month high of $10,576.80. The company has a market cap of $76,440.00, a P/E ratio of 0.00 and a beta of -1.61. The business has a fifty day moving average of $6.07 and a 200-day moving average of $24.37.

Institutional Investors Weigh In On AiRWA

Several institutional investors and hedge funds have recently added to or reduced their stakes in YYAI. XTX Topco Ltd boosted its holdings in shares of 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. Jane Street Group LLC increased its holdings in AiRWA by 47.7% during the fourth quarter. Jane Street Group LLC now owns 71,054 shares of the company’s stock worth $55,000 after buying an additional 22,951 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in 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 buying an additional 6,116 shares during the last quarter. 4.03% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

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.