Airgain (NASDAQ:AIRG) CTO Ali Sadri Sells 4,733 Shares of Stock

Airgain, Inc. (NASDAQ:AIRG) CTO Ali Sadri sold 4,733 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $4.00, for a total transaction of $18,932.00. Following the sale, the chief technology officer directly owned 127,030 shares in the company, valued at approximately $508,120. This represents a 3.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Ali Sadri also recently made the following trade(s):

• On Monday, November 24th, Ali Sadri sold 976 shares of Airgain stock. The shares were sold at an average price of $3.99, for a total transaction of $3,894.24.

Airgain Price Performance

Shares of NASDAQ:AIRG opened at $4.41 on Friday. The business’s 50 day simple moving average is $4.06 and its 200-day simple moving average is $4.21. The firm has a market capitalization of $52.74 million, a price-to-earnings ratio of -8.82 and a beta of 0.87. Airgain, Inc. has a 12 month low of $3.00 and a 12 month high of $8.47.

Airgain (NASDAQ:AIRG) last released its quarterly earnings data on Wednesday, November 12th. The technology company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $14.02 million during the quarter, compared to the consensus estimate of $14.13 million. Airgain had a negative return on equity of 16.03% and a negative net margin of 10.87%.Airgain has set its Q4 2025 guidance at 0.000-0.000 EPS. On average, equities analysts anticipate that Airgain, Inc. will post -0.53 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AIRG. Marathon Capital Management acquired a new stake in shares of Airgain during the second quarter worth $42,000. Susquehanna International Group LLP acquired a new stake in Airgain in the 3rd quarter worth about $91,000. Citadel Advisors LLC boosted its stake in Airgain by 270.1% in the 3rd quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock worth $118,000 after buying an additional 43,214 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Airgain by 24.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 38,500 shares of the technology company’s stock valued at $167,000 after buying an additional 7,500 shares during the period. Hedge funds and other institutional investors own 52.76% of the company’s stock.

Wall Street Analysts Forecast Growth

AIRG has been the topic of several research reports. Craig Hallum lowered their price target on shares of Airgain from $7.00 to $5.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Royal Bank Of Canada set a $6.00 target price on Airgain in a report on Wednesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Airgain in a research report on Wednesday. Lake Street Capital began coverage on Airgain in a research report on Wednesday. They issued a “buy” rating and a $6.00 price objective on the stock. Finally, Northland Securities decreased their price objective on Airgain from $8.00 to $7.00 and set an “outperform” rating on the stock in a research note on Monday, November 17th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $6.20.

About Airgain

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.