Shares of Airgain, Inc. (NASDAQ:AIRG - Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.29 and traded as low as $6.99. Airgain shares last traded at $7.15, with a volume of 27,225 shares trading hands.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on AIRG shares. Northland Securities restated an "outperform" rating and set a $11.50 target price (up from $8.00) on shares of Airgain in a research report on Wednesday, November 13th. Craig Hallum boosted their price objective on Airgain from $8.00 to $12.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th.
View Our Latest Research Report on AIRG
Airgain Stock Down 3.2 %
The company's 50 day moving average price is $7.17 and its two-hundred day moving average price is $7.92. The firm has a market cap of $79.73 million, a PE ratio of -6.16 and a beta of 0.71.
Institutional Trading of Airgain
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in shares of Airgain by 23.2% during the third quarter. Geode Capital Management LLC now owns 111,476 shares of the technology company's stock valued at $841,000 after buying an additional 20,970 shares during the last quarter. US Bancorp DE grew its position in Airgain by 3.7% in the 3rd quarter. US Bancorp DE now owns 66,641 shares of the technology company's stock valued at $502,000 after acquiring an additional 2,400 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Airgain by 195.5% in the third 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. Northern Trust Corp lifted its position in shares of Airgain by 69.4% during the fourth quarter. Northern Trust Corp now owns 64,861 shares of the technology company's stock worth $458,000 after purchasing an additional 26,573 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Airgain by 0.5% during the fourth quarter. Ameriprise Financial Inc. now owns 677,584 shares of the technology company's stock valued at $4,784,000 after purchasing an additional 3,283 shares during the period. 52.76% of the stock is 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.
Featured Articles
Before you consider Airgain, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Airgain wasn't on the list.
While Airgain currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
