Ali Sadri Sells 13,638 Shares of Airgain (NASDAQ:AIRG) Stock

Airgain, Inc. (NASDAQ:AIRGGet Free Report) CTO Ali Sadri sold 13,638 shares of the company’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $4.12, for a total transaction of $56,188.56. Following the transaction, the chief technology officer owned 126,263 shares in the company, valued at $520,203.56. The trade was a 9.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Ali Sadri also recently made the following trade(s):

  • On Monday, March 23rd, Ali Sadri sold 1,000 shares of Airgain stock. The shares were sold at an average price of $5.00, for a total transaction of $5,000.00.
  • On Wednesday, March 4th, Ali Sadri sold 1,228 shares of Airgain stock. The shares were sold at an average price of $4.16, for a total transaction of $5,108.48.
  • On Tuesday, February 17th, Ali Sadri sold 1,000 shares of Airgain stock. The stock was sold at an average price of $5.28, for a total value of $5,280.00.
  • On Tuesday, February 10th, Ali Sadri sold 881 shares of Airgain stock. The stock was sold at an average price of $5.24, for a total value of $4,616.44.
  • On Monday, February 9th, Ali Sadri sold 2,119 shares of Airgain stock. The shares were sold at an average price of $5.01, for a total value of $10,616.19.
  • On Tuesday, January 20th, Ali Sadri sold 4,733 shares of Airgain stock. The stock was sold at an average price of $4.00, for a total value of $18,932.00.

Airgain Stock Performance

Shares of AIRG stock opened at $5.37 on Friday. The stock has a fifty day moving average price of $4.61 and a 200 day moving average price of $4.27. The stock has a market cap of $65.62 million, a PE ratio of -10.13 and a beta of 0.93. Airgain, Inc. has a 1 year low of $3.00 and a 1 year high of $5.85.

Hedge Funds Weigh In On Airgain

Institutional investors and hedge funds have recently modified their holdings of the company. Citadel Advisors LLC boosted its position in Airgain by 270.1% during the third quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock worth $118,000 after acquiring an additional 43,214 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in Airgain in the 3rd quarter worth approximately $91,000. XTX Topco Ltd acquired a new position in Airgain in the 4th quarter valued at $44,000. Nano Cap New Millennium Growth Fund L P purchased a new position in shares of Airgain during the 4th quarter worth $934,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Airgain by 24.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 38,500 shares of the technology company’s stock worth $167,000 after purchasing an additional 7,500 shares during the period. Hedge funds and other institutional investors own 52.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Airgain in a research report on Wednesday, January 21st. Lake Street Capital assumed coverage on shares of Airgain in a report on Wednesday, January 21st. They set a “buy” rating and a $6.00 target price for the company. Finally, Royal Bank Of Canada set a $6.00 target price on shares of Airgain in a research report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $6.20.

Check Out Our Latest Stock Report on AIRG

About Airgain

(Get Free Report)

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.

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