Insider Sale: Interim CEO and CFO Dennis Dean Sells 54,607 Shares of AirSculpt Technologies Inc (AIRS)

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Nov 18, 2024

On November 15, 2024, Dennis Dean, the Interim Chief Executive Officer and Chief Financial Officer of AirSculpt Technologies Inc (AIRS, Financial), sold 54,607 shares of the company. The transaction was executed at a price of $6.94 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 582,052 shares of the company.

AirSculpt Technologies Inc specializes in providing advanced body contouring procedures. The company's proprietary AirSculpt® technology offers minimally invasive fat removal and skin tightening treatments without the need for general anesthesia or stitches.

Over the past year, Dennis Dean has sold a total of 54,607 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend within the company, where there have been 2 insider sells and no insider buys over the same timeframe.

Shares of AirSculpt Technologies Inc were trading at $6.94 on the day of the sale, giving the company a market cap of approximately $376.814 million. According to the GF Value, the stock is currently Fairly Valued with a price-to-GF-Value ratio of 0.97.

The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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This insider sale might be of interest to investors tracking insider behaviors and company valuation metrics to inform their investment decisions in AirSculpt Technologies Inc.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.