Airgain (NASDAQ:AIRG) was upgraded by research analysts at TheStreet from a “d+” rating to a “c” rating in a research report issued to clients and investors on Monday.

AIRG has been the topic of a number of other reports. ValuEngine upgraded shares of Airgain from a “sell” rating to a “hold” rating in a report on Monday, July 2nd. William Blair began coverage on shares of Airgain in a report on Friday, August 10th. They set an “outperform” rating on the stock. Finally, B. Riley upgraded shares of Airgain from a “neutral” rating to a “buy” rating and increased their target price for the stock from $8.50 to $13.00 in a report on Friday, August 10th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $12.67.

Airgain stock opened at $12.73 on Monday. The company has a market cap of $127.51 million, a price-to-earnings ratio of 115.73 and a beta of 2.28. Airgain has a 52-week low of $7.31 and a 52-week high of $12.98.

Airgain (NASDAQ:AIRG) last released its earnings results on Thursday, August 9th. The technology company reported $0.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.07. The company had revenue of $15.00 million for the quarter, compared to analyst estimates of $14.02 million. Airgain had a negative net margin of 6.48% and a negative return on equity of 7.47%. The firm’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.10 EPS. equities analysts predict that Airgain will post -0.4 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Millennium Management LLC acquired a new stake in shares of Airgain in the 4th quarter valued at $102,000. Manatuck Hill Partners LLC acquired a new stake in shares of Airgain in the 2nd quarter valued at $116,000. Dimensional Fund Advisors LP acquired a new stake in shares of Airgain in the 2nd quarter valued at $138,000. UBS Group AG raised its holdings in shares of Airgain by 144.6% in the 1st quarter. UBS Group AG now owns 25,143 shares of the technology company’s stock valued at $195,000 after purchasing an additional 81,464 shares in the last quarter. Finally, Northpointe Capital LLC acquired a new stake in shares of Airgain in the 2nd quarter valued at $565,000. Institutional investors and hedge funds own 29.77% of the company’s stock.

About Airgain

Airgain, Inc designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, and service providers worldwide. Its products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; omnimax high performance external antennas; MaxBeam carrier class antennas; and SmartMax embedded antennas, as well as automotive, fleet, public safety, and M2M antennas.

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