Airsculpt Technologies Director Feinstein Adam T Buys 999000 Shares at $4/Share.

Airsculpt Technologies, Inc. (AIRS) has announced that Director and 10% Owner, Feinstein Adam T, has made significant purchases of the company's shares. Specifically, on June 9, 2025, he acquired 462,957 shares at a price of $4 per share, 149,185 shares at the same price, and an additional 387,858 shares at the same price.

Airsculpt Technologies, Inc. (AIRS) has announced that Adam T. Feinstein, a director and significant shareholder, purchased a substantial amount of the company's shares on June 9, 2025. Feinstein acquired 462,957 shares at $4.00 each, 149,185 shares at the same price, and an additional 387,858 shares also at $4.00 each. The total investment amounted to $4 million [1].

The transactions were executed indirectly through various entities associated with Feinstein, including VSCP EBS Aggregator, L.P., Vesey Street Capital Partners Healthcare Fund-A, LP, and EBS Aggregator Blocker Holdings, LLC. Following these acquisitions, these entities collectively hold significant positions in Airsculpt Technologies, reflecting Feinstein’s continued confidence in the company’s prospects despite current liquidity challenges [1].

The stock, currently trading at $5.11, has shown strong momentum with an 11% gain in the past week, but it appears to be overvalued at current levels according to InvestingPro analysis [1].

In other recent news, AirSculpt Technologies reported a first-quarter revenue of $39.4 million, marking a 17.3% decline from the previous year. Despite this drop, the company exceeded earnings expectations with an EPS of -$0.02, compared to the forecasted -$0.0333 [1]. The company also announced a public offering of 3.16 million shares at $3.80 per share, aiming to raise $12 million before expenses, with Leerink Partners acting as the sole bookrunner. The proceeds will be used to pay down a portion of the company's outstanding debt [1].

Additionally, AirSculpt confirmed the election of two Class I directors during its 2025 annual meeting and ratified Grant Thornton as its independent registered public accounting firm [1]. Vesey Street Capital Partners, the largest shareholder, has shown interest in acquiring up to $4 million worth of shares in the offering [2]. The company also highlighted cost-saving measures, including workforce reductions and marketing reallocations, expected to save $3 million annually. AirSculpt has set a revenue guidance of $160-170 million for 2025, with an adjusted EBITDA target of $16-18 million [1].

References:
[1] https://www.investing.com/news/insider-trading-news/airsculpt-technologies-director-adam-feinstein-buys-4-million-in-stock-93CH-4092056
[2] https://www.gurufocus.com/news/2916802/airsculpt-technologies-airs-launches-public-offering-airs-stock-news