Airgain Inc (NASDAQ:AIRG) Director James K. Sims sold 8,000 shares of the stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $9.25, for a total transaction of $74,000.00. Following the sale, the director now owns 224,594 shares of the company’s stock, valued at approximately $2,077,494.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Airgain Inc (NASDAQ:AIRG) traded down $0.15 during mid-day trading on Wednesday, hitting $8.91. 25,503 shares of the stock traded hands, compared to its average volume of 77,422. Airgain Inc has a one year low of $7.31 and a one year high of $16.23. The firm has a market cap of $85.35 and a PE ratio of 81.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.02 and a quick ratio of 4.95.
Airgain (NASDAQ:AIRG) last released its earnings results on Thursday, February 15th. The technology company reported $0.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.05. Airgain had a net margin of 2.30% and a return on equity of 4.82%. The company had revenue of $12.81 million during the quarter, compared to analysts’ expectations of $12.73 million. During the same quarter last year, the business earned $0.12 EPS. The business’s revenue was up 1.4% on a year-over-year basis. equities research analysts forecast that Airgain Inc will post -0.2 earnings per share for the current year.
A number of brokerages recently weighed in on AIRG. Zacks Investment Research upgraded shares of Airgain from a “sell” rating to a “hold” rating in a research note on Thursday, February 1st. B. Riley cut shares of Airgain from a “buy” rating to a “neutral” rating and set a $10.00 price target for the company. in a research note on Friday, February 16th. Finally, Northland Securities reiterated a “buy” rating and set a $13.00 price target on shares of Airgain in a research note on Tuesday, February 27th.
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Airgain Company Profile
Airgain, Inc is a provider of embedded antenna technologies used to enable wireless networking across a range of home, enterprise and industrial devices. The Company’s antennas are found in devices deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways and digital televisions.
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