Agora, Inc. Sponsored ADR (NASDAQ:API – Get Free Report) CEO Bin Zhao purchased 9,633 shares of the stock in a transaction that occurred on Wednesday, September 30th. The shares were purchased at an average price of $4.18 per share, for a total transaction of $40,265.94. Following the completion of the purchase, the chief executive officer directly owned 2,062,046 shares of the company’s stock, valued at approximately $8,619,352.28. This trade represents a 0.47% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Bin Zhao also recently made the following trade(s):
- On Friday, October 9th, Bin Zhao purchased 5,301 shares of Agora stock. The stock was purchased at an average cost of $4.08 per share, with a total value of $21,628.08.
- On Thursday, October 8th, Bin Zhao acquired 9,956 shares of Agora stock. The stock was purchased at an average price of $4.06 per share, with a total value of $40,421.36.
- On Wednesday, October 7th, Bin Zhao acquired 9,837 shares of Agora stock. The stock was purchased at an average price of $4.13 per share, with a total value of $40,626.81.
- On Tuesday, October 6th, Bin Zhao acquired 9,773 shares of Agora stock. The shares were purchased at an average cost of $4.19 per share, for a total transaction of $40,948.87.
- On Monday, October 5th, Bin Zhao acquired 9,713 shares of Agora stock. The shares were purchased at an average cost of $4.18 per share, for a total transaction of $40,600.34.
- On Friday, October 2nd, Bin Zhao acquired 9,065 shares of Agora stock. The shares were purchased at an average cost of $4.11 per share, for a total transaction of $37,257.15.
- On Thursday, October 1st, Bin Zhao acquired 9,300 shares of Agora stock. The shares were purchased at an average price of $4.13 per share, for a total transaction of $38,409.00.
- On Tuesday, September 29th, Bin Zhao bought 9,364 shares of Agora stock. The stock was purchased at an average price of $4.15 per share, with a total value of $38,860.60.
- On Monday, September 28th, Bin Zhao bought 9,804 shares of Agora stock. The stock was purchased at an average price of $4.14 per share, with a total value of $40,588.56.
- On Friday, September 25th, Bin Zhao bought 9,525 shares of Agora stock. The stock was purchased at an average cost of $4.22 per share, with a total value of $40,195.50.
Agora Stock Up 7.5%
Shares of API stock opened at $4.42 on Wednesday. The stock has a market cap of $385.95 million, a P/E ratio of 40.19 and a beta of 0.75. Agora, Inc. Sponsored ADR has a one year low of $3.14 and a one year high of $5.49. The stock has a fifty day moving average price of $4.22 and a 200 day moving average price of $4.07. The company has a debt-to-equity ratio of 0.18, a current ratio of 5.11 and a quick ratio of 5.11.
Key Agora News
Here are the key news stories impacting Agora this week:
- Positive Sentiment: The repeated purchases—each disclosed in SEC filings and generally worth $24,000 to $58,000—suggest that the CEO views Agora’s valuation as attractive and has confidence in the company’s prospects. The buying continued as shares traded in the roughly $4 range, creating a potentially supportive signal for investors. SEC insider ownership filing
- Positive Sentiment: Agora’s shares have recently traded above both their 50-day and 200-day moving averages, while volume has been above average, indicating improving near-term trading momentum. The company also previously exceeded quarterly EPS expectations, although revenue was essentially in line with forecasts.
- Neutral Sentiment: Recent articles provide comparative reviews of Agora versus Consensus Cloud Solutions and BlackBerry. They do not identify a new contract, earnings update, analyst upgrade, or other company-specific catalyst, so their direct effect on API shares appears limited. Consensus Cloud Solutions versus Agora review Agora and BlackBerry comparison
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. AXQ Capital LP acquired a new position in shares of Agora in the 2nd quarter worth approximately $55,000. Public Employees Retirement System of Ohio acquired a new stake in Agora during the 2nd quarter valued at $101,000. Finally, Headlands Technologies LLC increased its holdings in Agora by 25.8% during the 2nd quarter. Headlands Technologies LLC now owns 48,795 shares of the company’s stock valued at $195,000 after purchasing an additional 10,021 shares in the last quarter. 40.40% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on API shares. Weiss Ratings raised shares of Agora from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. Wall Street Zen cut shares of Agora from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Finally, Bank of America increased their price target on shares of Agora from $6.60 to $6.80 and gave the stock a “buy” rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Agora has an average rating of “Hold” and a consensus price target of $6.80.
Get Our Latest Stock Report on API
Agora Company Profile
Agora, Inc (NASDAQ: API) provides real-time engagement technology that enables developers and businesses to add live voice, video, interactive broadcasting and messaging capabilities to applications and digital services. Its platform is delivered primarily through application programming interfaces (APIs) and software development kits (SDKs), allowing customers to integrate communications features without building the underlying infrastructure themselves.
The company’s offerings support use cases such as video conferencing, online education, telehealth, social and interactive entertainment, customer engagement, gaming and virtual events.
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