Airgain (NASDAQ:AIRG) CEO Sells $153,733.68 in Stock

Airgain, Inc. (NASDAQ:AIRG) CEO Jacob Suen sold 37,314 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $4.12, for a total value of $153,733.68. Following the completion of the sale, the chief executive officer directly owned 284,431 shares of the company’s stock, valued at approximately $1,171,855.72. This represents a 11.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Jacob Suen also recently made the following trade(s):

• On Monday, March 23rd, Jacob Suen sold 1,000 shares of Airgain stock. The stock was sold at an average price of $5.00, for a total value of $5,000.00.
• On Wednesday, March 4th, Jacob Suen sold 3,704 shares of Airgain stock. The stock was sold at an average price of $4.16, for a total value of $15,408.64.
• On Tuesday, February 10th, Jacob Suen sold 888 shares of Airgain stock. The stock was sold at an average price of $5.07, for a total value of $4,502.16.
• On Monday, February 9th, Jacob Suen sold 6,112 shares of Airgain stock. The shares were sold at an average price of $5.01, for a total value of $30,621.12.
• On Tuesday, January 20th, Jacob Suen sold 15,993 shares of Airgain stock. The shares were sold at an average price of $4.00, for a total value of $63,972.00.

Airgain Price Performance

Shares of AIRG opened at $5.38 on Wednesday. The business’s fifty day moving average price is $4.56 and its 200 day moving average price is $4.26. Airgain, Inc. has a 12-month low of $3.00 and a 12-month high of $5.85. The stock has a market capitalization of $65.74 million, a PE ratio of -10.15 and a beta of 0.93.

Key Headlines Impacting Airgain

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Nano Cap New Millennium Growth Fund L P acquired a new stake in Airgain in the fourth quarter worth $934,000. Farther Finance Advisors LLC lifted its stake in Airgain by 24.2% in the third 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 last quarter. Citadel Advisors LLC boosted its holdings in shares of Airgain by 270.1% during the third quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock valued at $118,000 after acquiring an additional 43,214 shares during the period. Susquehanna International Group LLP bought a new position in shares of Airgain during the third quarter worth about $91,000. Finally, XTX Topco Ltd bought a new position in shares of Airgain during the fourth quarter worth about $44,000. 52.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AIRG has been the topic of a number of recent research reports. Royal Bank Of Canada set a $6.00 price target on shares of Airgain in a research report on Wednesday, January 21st. Lake Street Capital initiated coverage on shares of Airgain in a research report on Wednesday, January 21st. They set a “buy” rating and a $6.00 price objective for the company. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Airgain in a research note 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $6.20.

Airgain Company Profile

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.