$AIRS Director Adam T Feinstein Purchases 462,957 Shares for $1.85mln

Wednesday, Jun 11, 2025 6:24 pm ET1min read

Adam T Feinstein, a director at $AIRS, purchased 462,957 shares of the company for an estimated $1,851,828 on 06-09-2025. This increased his holdings by approximately 3.4%. Since then, $AIRS insiders have traded the stock on the open market 5 times in the past 6 months, with 5 purchases and 0 sales. 34 institutional investors have added shares to their portfolio, while 31 have decreased their positions.

In a recent development, Adam T. Feinstein, a director and significant shareholder of Airsculpt Technologies, Inc. (NASDAQ:AIRS), purchased 462,957 shares of the company for an estimated $1,851,828 on June 9, 2025. This acquisition, which occurred at a price of $4.00 per share, represents a 3.4% increase in Feinstein's holdings [1].

The insider trading activity follows a period of market volatility for Airsculpt Technologies. In the past six months, insiders have traded the stock five times, with all transactions being purchases. Notably, 34 institutional investors have added shares to their portfolios, while 31 have reduced their positions [3].

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. 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 [1].

The insider purchases come amidst a backdrop of liquidity challenges for the company, as InvestingPro data shows short-term obligations exceeding liquid assets. However, the company has set a revenue guidance of $160-170 million for 2025, with an adjusted EBITDA target of $16-18 million [1].

Feinstein's purchase was executed indirectly through various entities associated with him. Specifically, 462,957 shares were acquired by VSCP EBS Aggregator, L.P., 149,185 shares by Vesey Street Capital Partners (WA:CPAP) Healthcare Fund-A, LP, and 387,858 shares by EBS Aggregator Blocker Holdings, LLC [2].

References:
[1] https://uk.investing.com/news/insider-trading-news/airsculpt-technologies-director-adam-feinstein-buys-4-million-in-stock-93CH-4129707
[2] https://quantisnow.com/insight/director-feinstein-adam-t-bought-4000000-worth-of-shares-1000000-units-at-400-sec-6082494
[3] http://openinsider.com/

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