Airgain (NASDAQ:AIRG) CTO Sells $56,188.56 in Stock

Key Points

• CTO Ali Sadri sold 13,638 shares on March 20 at an average $4.12 for $56,188.56 (reducing his stake by 9.75% to 126,263 shares) and has executed multiple additional share sales in recent months, with other senior executives also selling this week.
• Airgain shares trade near the low end of their 1‑year range ($3.00–$5.85), have a market cap of about $65.7M and a negative P/E (‑10.15), with 50‑ and 200‑day moving averages around $4.56 and $4.26 respectively.
• Analysts aggregate a "Moderate Buy" view with an average target of ~$6.20, while institutional investors own about 52.76% of the stock and some firms (including Citadel) have recently added or increased positions.

Airgain, Inc. (NASDAQ:AIRG - Get Free Report) CTO Ali Sadri sold 13,638 shares of the firm's stock in a transaction on Friday, March 20th. The stock was sold at an average price of $4.12, for a total value of $56,188.56. Following the transaction, the chief technology officer owned 126,263 shares in the company, valued at $520,203.56. The trade was a 9.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, March 23rd, Ali Sadri sold 1,000 shares of Airgain stock. The shares were sold at an average price of $5.00, for a total value of $5,000.00.
• On Wednesday, March 4th, Ali Sadri sold 1,228 shares of Airgain stock. The stock was sold at an average price of $4.16, for a total value of $5,108.48.
• On Tuesday, February 17th, Ali Sadri sold 1,000 shares of Airgain stock. The stock was sold at an average price of $5.28, for a total value of $5,280.00.
• On Tuesday, February 10th, Ali Sadri sold 881 shares of Airgain stock. The shares were sold at an average price of $5.24, for a total value of $4,616.44.
• On Monday, February 9th, Ali Sadri sold 2,119 shares of Airgain stock. The shares were sold at an average price of $5.01, for a total value of $10,616.19.
• On Tuesday, January 20th, Ali Sadri sold 4,733 shares of Airgain stock. The stock was sold at an average price of $4.00, for a total transaction of $18,932.00.

Airgain Price Performance

Shares of Airgain stock opened at $5.38 on Wednesday. Airgain, Inc. has a 1 year low of $3.00 and a 1 year high of $5.85. The firm's 50-day moving average is $4.56 and its two-hundred day moving average is $4.26. The stock has a market cap of $65.74 million, a price-to-earnings ratio of -10.15 and a beta of 0.93.

Institutional Trading of Airgain

Hedge funds have recently modified their holdings of the company. Marathon Capital Management purchased a new stake in shares of Airgain during the second quarter valued at about $42,000. XTX Topco Ltd purchased a new position in shares of Airgain in the 4th quarter worth approximately $44,000. Susquehanna International Group LLP bought a new position in shares of Airgain during the 3rd quarter worth approximately $91,000. Citadel Advisors LLC raised its stake in shares of Airgain by 270.1% during the 3rd quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company's stock worth $118,000 after acquiring an additional 43,214 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in Airgain by 24.2% during the third quarter. Farther Finance Advisors LLC now owns 38,500 shares of the technology company's stock valued at $167,000 after acquiring an additional 7,500 shares during the last quarter. 52.76% of the stock is owned by hedge funds and other institutional investors.

Airgain News Summary

Here are the key news stories impacting Airgain this week:

• Positive Sentiment: Zacks flagged AIRG as a big mover on higher‑than‑average volume and cited upward earnings estimate momentum, supporting near‑term upside potential. Airgain (AIRG) Soars 8.0%: Is Further Upside Left in the Stock?
• Positive Sentiment: Company is linked in press coverage to a partnership with Myanmar Airways International aimed at improving pricing intelligence and market responsiveness — a customer win that could help commercial traction if confirmed. Myanmar Airways International Partners with AirGain
• Neutral Sentiment: There is a Business‑Standard item about Myanmar Airways selecting Rategain’s pricing platform; that article appears focused on Rategain rather than Airgain, suggesting possible misattribution or limited direct impact on AIRG. MAI selects Rategain's pricing intelligence platform
• Neutral Sentiment: Short‑interest reports show 0 shares short (and report data appears inconsistent/erroneous), so there is no clear short‑pressure signal from published short‑interest figures. (Data likely a reporting glitch.)
• Negative Sentiment: Multiple senior executives sold stock this week — CEO Jacob Suen, CTO Ali Sadri and CFO Michael Elbaz executed multi‑thousand‑share sales (notable blocks on March 20 at ~$4.12 and follow‑on sales at ~$5.00). These sizable insider liquidations (multiple filings) can create negative sentiment and selling pressure even if some sales are planned or for diversification. CEO SEC Filing CTO SEC Filing CFO SEC Filing

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Royal Bank Of Canada set a $6.00 price objective on shares of Airgain in a research note on Wednesday, January 21st. Lake Street Capital started coverage on Airgain in a report on Wednesday, January 21st. They set a "buy" rating and a $6.00 target price for the company. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Airgain in a research report on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Airgain currently has an average rating of "Moderate Buy" and an average target price 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.

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