Airgain, Inc. (NASDAQ:AIRG – Get Free Report) Director James Sims acquired 8,269 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were bought at an average price of $5.11 per share, for a total transaction of $42,254.59. Following the transaction, the director owned 457,733 shares of the company’s stock, valued at $2,339,015.63. This trade represents a 1.84% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Airgain Stock Performance
NASDAQ:AIRG opened at $5.25 on Friday. Airgain, Inc. has a 12 month low of $3.00 and a 12 month high of $7.66. The company has a market cap of $68.78 million, a PE ratio of -9.37 and a beta of 0.93. The company has a 50 day simple moving average of $5.68 and a two-hundred day simple moving average of $5.86.
Airgain (NASDAQ:AIRG – Get Free Report) last announced its earnings results on Wednesday, August 5th. The technology company reported $0.02 earnings per share for the quarter. The business had revenue of $13.70 million during the quarter, compared to analyst estimates of $13.45 million. Airgain had a negative net margin of 13.65% and a negative return on equity of 13.72%. Airgain has set its Q3 2026 guidance at 0.040-0.040 EPS. Research analysts forecast that Airgain, Inc. will post -0.19 earnings per share for the current year.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on AIRG
Institutional Trading of Airgain
A number of hedge funds and other institutional investors have recently modified their holdings of AIRG. XTX Topco Ltd bought a new stake in shares of Airgain during the 4th quarter valued at $44,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Airgain in the 2nd quarter worth $74,000. Bank of America Corp DE purchased a new stake in Airgain in the 2nd quarter worth $77,000. AXQ Capital LP purchased a new stake in Airgain in the 2nd quarter worth $79,000. Finally, Susquehanna International Group LLP purchased a new stake in Airgain in the 3rd quarter worth $91,000. 52.76% of the stock is owned by hedge funds and other institutional investors.
Airgain Company Profile
Airgain, Inc (NASDAQ: AIRG) is a provider of intelligent wireless connectivity solutions designed to enhance data transmission, network performance and antenna efficiency for a range of devices. Headquartered in San Diego, California, the company develops both embedded and external antenna systems, as well as associated connectivity software, to support wireless applications across cellular, Wi-Fi, machine-to-machine (M2M) and Internet of Things (IoT) markets.
The company’s product portfolio includes modular smart antennas, parallel path phase-diversity antennas and advanced array antenna solutions that are optimized for environments such as smart homes, industrial automation, transportation and enterprise networking.
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