Michael Elbaz Sells 1,487 Shares of Airgain (NASDAQ:AIRG) Stock

Posted by Brian Himes on May 16th, 2026

Airgain, Inc. (NASDAQ:AIRG – Get Free Report) CFO Michael Elbaz sold 1,487 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $6.98, for a total value of $10,379.26. Following the transaction, the chief financial officer owned 139,293 shares of the company’s stock, valued at approximately $972,265.14. The trade was a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Michael Elbaz also recently made the following trade(s):

On Wednesday, May 13th, Michael Elbaz sold 3,787 shares of Airgain stock. The stock was sold at an average price of $6.77, for a total value of $25,637.99.
On Friday, March 20th, Michael Elbaz sold 12,769 shares of Airgain stock. The shares were sold at an average price of $4.12, for a total value of $52,608.28.

Airgain Stock Down 2.1%

AIRG stock opened at $6.84 on Friday. The business has a 50 day moving average price of $5.71 and a two-hundred day moving average price of $4.78. The company has a market cap of $86.73 million, a price-to-earnings ratio of -12.44 and a beta of 0.90. Airgain, Inc. has a twelve month low of $3.00 and a twelve month high of $7.39.

Airgain (NASDAQ:AIRG – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported ($0.08) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.08). The firm had revenue of $11.51 million during the quarter, compared to the consensus estimate of $11.48 million. Airgain had a negative return on equity of 15.42% and a negative net margin of 13.22%.Airgain has set its Q2 2026 guidance at 0.010-0.010 EPS. On average, equities research analysts anticipate that Airgain, Inc. will post -0.18 EPS for the current fiscal year.

Analyst Ratings Changes

AIRG has been the subject of a number of analyst reports. Wall Street Zen upgraded Airgain from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Roth Mkm restated a “buy” rating and issued a $9.00 price target on shares of Airgain in a research note on Thursday, May 7th. Northland Securities set a $8.50 price target on Airgain in a research note on Thursday, May 7th. Craig Hallum restated a “buy” rating and issued a $9.00 price target on shares of Airgain in a research note on Thursday, May 7th. Finally, Royal Bank Of Canada set a $6.00 price target on Airgain in a research note on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.70.

Read Our Latest Stock Analysis on AIRG

Institutional Trading of Airgain

Hedge funds have recently made changes to their positions in the business. XTX Topco Ltd acquired a new stake in shares of Airgain in the fourth quarter valued at approximately $44,000. Susquehanna International Group LLP acquired a new stake in shares of Airgain in the third quarter valued at approximately $91,000. Citadel Advisors LLC lifted its position in shares of Airgain by 270.1% in the third quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock valued at $118,000 after buying an additional 43,214 shares during the last quarter. Nano Cap New Millennium Growth Fund L P acquired a new stake in shares of Airgain in the fourth quarter valued at approximately $934,000. Finally, Renaissance Technologies LLC lifted its position in shares of Airgain by 4.6% in the first quarter. Renaissance Technologies LLC now owns 336,336 shares of the technology company’s stock valued at $1,850,000 after buying an additional 14,700 shares during the last quarter. 52.76% of the stock is owned by institutional investors and hedge funds.

Airgain Company Profile

(Get Free Report)

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.