Airgain Inc (NASDAQ:AIRG) Director Arthur M. Toscanini sold 8,023 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $9.34, for a total value of $74,934.82. Following the transaction, the director now directly owns 71,587 shares of the company’s stock, valued at $668,622.58. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Airgain Inc (AIRG) traded down $0.48 on Friday, hitting $8.96. The company had a trading volume of 92,123 shares, compared to its average volume of 60,672. 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 Inc has a 52-week low of $7.31 and a 52-week high of $18.20. The stock has a market capitalization of $90.42, a PE ratio of 52.71 and a beta of 1.77.

Several institutional investors and hedge funds have recently modified their holdings of AIRG. Commonwealth Equity Services Inc purchased a new stake in Airgain in the 3rd quarter valued at $118,000. Menta Capital LLC purchased a new position in shares of Airgain in the 2nd quarter valued at about $251,000. Worth Venture Partners LLC increased its holdings in shares of Airgain by 56.8% in the 2nd quarter. Worth Venture Partners LLC now owns 62,534 shares of the technology company’s stock valued at $887,000 after acquiring an additional 22,653 shares during the last quarter. Rice Hall James & Associates LLC purchased a new position in shares of Airgain in the 3rd quarter valued at about $1,351,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of Airgain by 24.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 182,209 shares of the technology company’s stock valued at $2,584,000 after acquiring an additional 35,639 shares during the last quarter. Hedge funds and other institutional investors own 24.50% of the company’s stock.

Several research analysts have recently weighed in on AIRG shares. Zacks Investment Research downgraded Airgain from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. B. Riley reiterated a “buy” rating and set a $12.50 price target on shares of Airgain in a research report on Friday, September 8th. Finally, Northland Securities reiterated a “buy” rating and set a $15.00 price target on shares of Airgain in a research report on Friday, November 10th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $16.10.

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About Airgain

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.

Insider Buying and Selling by Quarter for Airgain (NASDAQ:AIRG)

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