Key Points
- Airgain CEO Jacob Suen sold 4,573 shares on May 13 at an average price of $6.51, generating about $29,770. After the sale, he still held 281,431 shares valued at roughly $1.83 million.
- The company’s latest quarter met expectations, with EPS of -$0.08 and revenue of $11.51 million, both in line with analyst forecasts. Airgain also guided Q2 2026 EPS at 0.01.
- Wall Street remains cautiously positive, with a consensus rating of “Moderate Buy” and an average price target of $7.70, while shares were down 2.1% and opened at $6.84.
Airgain, Inc. (NASDAQ:AIRG - Get Free Report) CEO Jacob Suen sold 4,573 shares of Airgain stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $6.51, for a total value of $29,770.23. Following the completion of the sale, the chief executive officer directly owned 281,431 shares of the company's stock, valued at approximately $1,832,115.81. This represents a 1.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Jacob Suen also recently made the following trade(s):
- On Friday, May 1st, Jacob Suen sold 1,000 shares of Airgain stock. The shares were sold at an average price of $7.03, for a total value of $7,030.00.
- On Wednesday, April 1st, Jacob Suen sold 1,000 shares of Airgain stock. The shares were sold at an average price of $5.51, for a total value of $5,510.00.
- On Monday, March 23rd, Jacob Suen 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 Friday, March 20th, Jacob Suen sold 37,314 shares of Airgain stock. The shares were sold at an average price of $4.12, for a total value of $153,733.68.
- On Wednesday, March 4th, Jacob Suen sold 3,704 shares of Airgain stock. The shares were sold at an average price of $4.16, for a total value of $15,408.64.
Airgain Stock Down 2.1%
Shares of NASDAQ:AIRG opened at $6.84 on Friday. The company has a market cap of $86.73 million, a P/E ratio of -12.44 and a beta of 0.90. Airgain, Inc. has a 52 week low of $3.00 and a 52 week high of $7.39. The business has a fifty day simple moving average of $5.71 and a 200-day simple moving average of $4.78.
Airgain (NASDAQ:AIRG - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The technology company reported ($0.08) EPS for the quarter, meeting analysts' consensus estimates of ($0.08). The business had revenue of $11.51 million during the quarter, compared to the consensus estimate 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 expect that Airgain, Inc. will post -0.18 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on AIRG shares. Wall Street Zen upgraded Airgain from a "hold" rating to a "buy" rating in a report on Saturday, May 9th. Roth Mkm reissued a "buy" rating and issued a $9.00 price objective on shares of Airgain in a research report on Thursday, May 7th. Northland Securities set a $8.50 price objective on Airgain in a research report on Thursday, May 7th. Weiss Ratings reissued a "sell (d-)" rating on shares of Airgain in a research report on Monday, April 20th. Finally, Lake Street Capital initiated coverage on Airgain in a research report on Wednesday, January 21st. They issued a "buy" rating and a $6.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Airgain currently has an average rating of "Moderate Buy" and a consensus price target of $7.70.
Get Our Latest Report on AIRG
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC boosted its stake in shares of Airgain by 4.6% in the first quarter. Renaissance Technologies LLC now owns 336,336 shares of the technology company's stock valued at $1,850,000 after purchasing an additional 14,700 shares during the period. Nano Cap New Millennium Growth Fund L P purchased a new position in shares of Airgain in the fourth quarter valued at $934,000. Citadel Advisors LLC boosted its stake in shares of Airgain by 270.1% in the third quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company's stock valued at $118,000 after purchasing an additional 43,214 shares during the period. Susquehanna International Group LLP purchased a new position in shares of Airgain in the third quarter valued at $91,000. Finally, XTX Topco Ltd purchased a new position in shares of Airgain in the fourth quarter valued at $44,000. 52.76% of the stock is currently owned by hedge funds and other institutional investors.
Airgain Company Profile
(
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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