Key Points
- Airgain CFO Michael Elbaz sold 3,787 shares on May 13 at an average price of $6.77, totaling about $25,638. After the sale, he still held 135,506 shares valued at roughly $917,376.
- Airgain’s recent earnings were in line with expectations, reporting Q1 EPS of -$0.08 and revenue of $11.51 million, both essentially matching analyst forecasts. The company also guided Q2 2026 EPS at $0.01.
- Analyst sentiment is mixed but mostly positive, with four Buy ratings and one Sell rating, leading to a consensus “Moderate Buy” and an average price target of $7.70.
Airgain, Inc. (NASDAQ:AIRG - Get Free Report) CFO Michael Elbaz sold 1,487 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $6.98, for a total transaction of $10,379.26. Following the sale, the chief financial officer owned 139,293 shares in the company, valued at approximately $972,265.14. This trade represents a 1.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Michael Elbaz also recently made the following trade(s):
- On Wednesday, May 13th, Michael Elbaz sold 3,787 shares of Airgain stock. The shares were sold at an average price of $6.77, for a total value of $25,637.99.
- On Friday, March 20th, Michael Elbaz sold 12,769 shares of Airgain stock. The shares were sold at an average price of $4.12, for a total value of $52,608.28.
Airgain Trading Up 5.1%
Shares of Airgain stock opened at $6.99 on Friday. The business's 50 day simple moving average is $5.66 and its 200-day simple moving average is $4.77. The stock has a market capitalization of $88.63 million, a price-to-earnings ratio of -12.71 and a beta of 0.90. Airgain, Inc. has a twelve month low of $3.00 and a twelve month high of $7.39.
Airgain (NASDAQ:AIRG - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.08). The business had revenue of $11.51 million during the quarter, compared to analyst estimates of $11.48 million. Airgain had a negative return on equity of 15.42% and a negative net margin of 13.22%.Airgain has set its Q2 2026 guidance at 0.010-0.010 EPS. Sell-side analysts predict that Airgain, Inc. will post -0.18 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the stock. Wall Street Zen raised shares of Airgain from a "hold" rating to a "buy" rating in a report on Saturday, May 9th. Northland Securities set a $8.50 price target on shares of Airgain in a report on Thursday, May 7th. Roth Mkm reissued a "buy" rating and set a $9.00 price target on shares of Airgain in a report on Thursday, May 7th. Royal Bank Of Canada set a $6.00 price target on shares of Airgain in a report on Wednesday, January 21st. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Airgain in a report on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Airgain has an average rating of "Moderate Buy" and a consensus price target of $7.70.
View Our Latest Stock Report on Airgain
Institutional Investors Weigh In On Airgain
Institutional investors have recently bought and sold shares of the stock. XTX Topco Ltd acquired a new stake in Airgain in the fourth quarter worth about $44,000. Susquehanna International Group LLP acquired a new stake in Airgain in the third quarter worth about $91,000. Citadel Advisors LLC lifted its holdings in Airgain by 270.1% in the third quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company's stock worth $118,000 after purchasing an additional 43,214 shares during the period. Nano Cap New Millennium Growth Fund L P acquired a new stake in Airgain in the fourth quarter worth about $934,000. Finally, Renaissance Technologies LLC lifted its holdings in Airgain by 4.6% in the first quarter. Renaissance Technologies LLC now owns 336,336 shares of the technology company's stock worth $1,850,000 after purchasing an additional 14,700 shares during the period. Institutional investors and hedge funds own 52.76% of the company's stock.
About Airgain
(
Get Free Report)
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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