Airgain Inc (AIRG) CEO Sells $150,000.00 in Stock
Airgain Inc (NASDAQ:AIRG) CEO Charles A. Myers sold 15,000 shares of the stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $10.00, for a total value of $150,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Airgain Inc (AIRG) opened at $10.94 on Friday. The stock has a market capitalization of $104.79, a P/E ratio of 39.07 and a beta of 1.83. Airgain Inc has a one year low of $7.31 and a one year high of $18.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.95 and a current ratio of 5.02.
Airgain (NASDAQ:AIRG) last issued its earnings results on Thursday, November 9th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. Airgain had a return on equity of 5.95% and a net margin of 3.34%. research analysts anticipate that Airgain Inc will post 0.07 earnings per share for the current year.
A number of equities analysts have recently issued reports on AIRG shares. Zacks Investment Research raised Airgain from a “strong sell” rating to a “hold” rating in a research note on Monday, January 8th. Northland Securities reissued a “buy” rating and set a $15.00 target price on shares of Airgain in a research note on Friday, November 10th. Finally, B. Riley cut their target price on Airgain from $12.50 to $10.00 and set a “buy” rating for the company in a research note on Friday, November 10th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $16.10.
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Airgain, Inc is a provider of embedded antenna technologies used to enable wireless networking across a range of home, enterprise and industrial devices. The Company’s antennas are found in devices deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways and digital televisions.
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