Airgain (NASDAQ:AIRG - Get Free Report)'s stock had its "outperform" rating reiterated by research analysts at Northland Securities in a note issued to investors on Wednesday,Benzinga reports. They presently have a $11.50 target price on the technology company's stock, up from their prior target price of $8.00. Northland Securities' price target would indicate a potential upside of 18.19% from the stock's previous close.
Separately, Craig Hallum increased their target price on Airgain from $5.00 to $8.00 and gave the company a "buy" rating in a research note on Wednesday, August 7th.
Read Our Latest Stock Report on Airgain
Airgain Stock Down 5.4 %
AIRG stock traded down $0.56 on Wednesday, reaching $9.73. 42,961 shares of the company traded hands, compared to its average volume of 31,825. Airgain has a one year low of $2.10 and a one year high of $10.34. The firm has a fifty day simple moving average of $8.53 and a 200-day simple moving average of $7.06.
Hedge Funds Weigh In On Airgain
A number of institutional investors and hedge funds have recently modified their holdings of the company. US Bancorp DE boosted its stake in shares of Airgain by 3.7% in the 3rd quarter. US Bancorp DE now owns 66,641 shares of the technology company's stock worth $502,000 after buying an additional 2,400 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Airgain by 0.8% in the 2nd quarter. Renaissance Technologies LLC now owns 352,336 shares of the technology company's stock worth $2,128,000 after purchasing an additional 2,800 shares during the period. Farther Finance Advisors LLC raised its holdings in Airgain by 195.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 36,277 shares of the technology company's stock worth $274,000 after purchasing an additional 24,000 shares during the period. Finally, First Eagle Investment Management LLC raised its holdings in Airgain by 8.3% in the 1st quarter. First Eagle Investment Management LLC now owns 426,634 shares of the technology company's stock worth $2,325,000 after purchasing an additional 32,521 shares during the period. 52.76% of the stock is currently owned by hedge funds and other institutional investors.
Airgain Company Profile
(
Get Free Report)
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.
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