Airgain (NASDAQ:AIRG - Get Free Report) had its target price cut by stock analysts at Roth Capital from $8.00 to $7.00 in a report released on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the technology company's stock. Roth Capital's price objective indicates a potential upside of 45.83% from the stock's current price. Roth Capital also issued estimates for Airgain's Q3 2026 earnings at $0.03 EPS.
Other research analysts have also recently issued research reports about the company. Wall Street Zen started coverage on Airgain in a report on Tuesday, May 20th. They issued a "hold" rating on the stock. Craig Hallum reduced their price objective on Airgain from $9.00 to $7.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th.
Get Our Latest Stock Report on AIRG
Airgain Stock Performance
Airgain stock traded up $0.50 during midday trading on Friday, reaching $4.80. The stock had a trading volume of 417,191 shares, compared to its average volume of 30,849. Airgain has a twelve month low of $3.17 and a twelve month high of $10.34. The stock has a market capitalization of $56.59 million, a PE ratio of -6.96 and a beta of 0.85. The stock's 50-day simple moving average is $4.14 and its 200 day simple moving average is $4.92.
Insider Activity at Airgain
In related news, Director Arthur M. Toscanini sold 6,912 shares of the business's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $4.01, for a total value of $27,717.12. Following the completion of the sale, the director directly owned 89,956 shares of the company's stock, valued at $360,723.56. The trade was a 7.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 21,402 shares of company stock valued at $86,671 in the last 90 days. Insiders own 17.80% of the company's stock.
Institutional Trading of Airgain
Several hedge funds and other institutional investors have recently bought and sold shares of AIRG. Bard Associates Inc. grew its holdings in shares of Airgain by 2.6% during the first quarter. Bard Associates Inc. now owns 157,830 shares of the technology company's stock valued at $532,000 after purchasing an additional 4,000 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Airgain by 0.5% during the fourth quarter. Ameriprise Financial Inc. now owns 677,584 shares of the technology company's stock valued at $4,784,000 after purchasing an additional 3,283 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Airgain during the fourth quarter valued at approximately $192,000. Northern Trust Corp grew its holdings in shares of Airgain by 69.4% during the fourth quarter. Northern Trust Corp now owns 64,861 shares of the technology company's stock valued at $458,000 after purchasing an additional 26,573 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Airgain by 12.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 105,954 shares of the technology company's stock valued at $748,000 after purchasing an additional 12,000 shares during the last quarter. 52.76% of the stock is owned by institutional investors.
About Airgain
(
Get Free Report)
Airgain, Inc provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas.
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