Airgain, Inc. (NASDAQ:AIRG) Shares Acquired by US Bancorp DE

US Bancorp DE increased its position in shares of Airgain, Inc. (NASDAQ:AIRG) by 3.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,641 shares of the technology company’s stock after purchasing an additional 2,400 shares during the period. US Bancorp DE owned 0.62% of Airgain worth $502,000 at the end of the most recent quarter.

Separately, First Eagle Investment Management LLC increased its position in shares of Airgain by 30.9% during the second quarter. First Eagle Investment Management LLC now owns 558,309 shares of the technology company’s stock valued at $3,372,000 after acquiring an additional 131,675 shares during the last quarter. Hedge funds and other institutional investors own 52.76% of the company’s stock.

Airgain Stock Performance

NASDAQ AIRG opened at $9.96 on Tuesday. The firm has a 50 day simple moving average of $8.43 and a 200-day simple moving average of $6.99. Airgain, Inc. has a one year low of $1.80 and a one year high of $10.19. The firm has a market cap of $112.55 million, a price-to-earnings ratio of -8.59 and a beta of 0.69.

Analyst Upgrades and Downgrades

AIRG has been the subject of a number of recent analyst reports. Northland Securities lifted their price target on shares of Airgain from $7.00 to $8.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Craig Hallum lifted their price target on shares of Airgain from $5.00 to $8.00 and gave the company a “buy” rating in a research report on Wednesday, August 7th.

Airgain Profile

Airgain, Inc provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas.