Airgain, Inc. (NASDAQ:AIRG – Get Rating) Director James K. Sims acquired 4,000 shares of the company’s stock in a transaction dated Monday, June 13th. The stock was acquired at an average cost of $8.11 per share, with a total value of $32,440.00. Following the transaction, the director now directly owns 315,419 shares of the company’s stock, valued at $2,558,048.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of AIRG stock opened at $8.30 on Tuesday. The firm has a market cap of $84.57 million, a P/E ratio of -6.54 and a beta of 0.94. Airgain, Inc. has a 1-year low of $6.79 and a 1-year high of $23.60. The firm has a fifty day moving average of $9.18 and a two-hundred day moving average of $9.35.
Airgain (NASDAQ:AIRG – Get Rating) last announced its quarterly earnings data on Tuesday, May 10th. The technology company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.07. Airgain had a negative net margin of 19.94% and a negative return on equity of 16.01%. During the same quarter last year, the company posted ($0.04) earnings per share. Equities research analysts predict that Airgain, Inc. will post -0.4 earnings per share for the current fiscal year.
A number of equities research analysts recently weighed in on AIRG shares. TheStreet raised shares of Airgain from a “d” rating to a “c-” rating in a report on Tuesday, May 31st. StockNews.com raised shares of Airgain from a “sell” rating to a “hold” rating in a report on Monday, May 23rd. B. Riley lowered shares of Airgain from a “buy” rating to a “neutral” rating and lowered their price target for the company from $20.00 to $10.00 in a report on Tuesday, February 22nd. Finally, Cowen lowered their price target on shares of Airgain from $13.00 to $11.00 in a report on Friday, February 25th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $15.50.
About Airgain (Get Rating)
Airgain, Inc designs, develops, and engineers antenna products for original equipment and design manufacturers, vertical markets, chipset vendors, service providers, value-added resellers and software developers worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; SmartMax embedded antennas; and MaxBeam carrier class antennas, as well as automotive, fleet, public safety, and machine-to-machine antennas under the Antenna Plus brand.
- Get a free copy of the StockNews.com research report on Airgain (AIRG)
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