Airgain, Inc. (AIRG) – What Are Investment Firms Saying About This Stock?

Shares of Airgain, Inc. (NASDAQ:AIRG) have received a consensus recommendation of “Moderate Buy” from the five research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $7.70.

A number of research analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Airgain in a research report on Wednesday, October 21st. Wall Street Zen cut Airgain from a “buy” rating to a “hold” rating in a report on Sunday, October 18th.

Insider Transactions at Airgain

In related news, Director James K. Sims acquired 8,269 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average cost of $5.11 per share, for a total transaction of $42,254.59. Following the acquisition, the director directly owned 457,733 shares in the company, valued at approximately $2,339,015.63. The trade was a 1.84% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders have purchased a total of 16,500 shares of company stock worth $84,821 in the last quarter. 17.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AIRG. BlackRock Inc. acquired a new stake in Airgain during the 2nd quarter valued at approximately $1,355,000. Whitcomb & Hess Inc. grew its stake in Airgain by 10.4% in the third quarter. Whitcomb & Hess Inc. now owns 62,615 shares of the technology company’s stock worth $311,000 after purchasing an additional 5,909 shares in the last quarter. Bank of America Corp DE bought a new stake in Airgain in the second quarter valued at about $77,000. AXQ Capital LP acquired a new stake in Airgain during the second quarter valued at approximately $79,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Airgain during the second quarter worth $74,000. 52.76% of the stock is owned by institutional investors and hedge funds.

Airgain Price Performance

NASDAQ AIRG opened at $4.11 on Friday. Airgain has a 52-week low of $3.00 and a 52-week high of $7.66. The firm has a 50-day moving average price of $4.83 and a 200 day moving average price of $5.46.

Airgain (NASDAQ:AIRG) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.02 earnings per share for the quarter. The business had revenue of $13.70 million for the quarter, compared to analyst estimates of $13.45 million. Airgain has set its Q3 2026 guidance at 0.040-0.040 EPS. On average, analysts predict that Airgain will post -0.19 EPS for the current year.

Airgain Company Profile

Airgain, Inc is a wireless connectivity company that designs and develops antenna systems, embedded components and related products for connected devices and networks. Its technologies are intended to improve the performance, reliability and coverage of wireless communications across cellular, Wi-Fi and other radio-frequency applications.

The company serves markets including automotive, consumer electronics, enterprise networking, public safety, fixed wireless access and the Internet of Things.