Airgain (NASDAQ:AIRG) CEO Jacob Suen Sells 37,314 Shares

Airgain, Inc. (NASDAQ:AIRG) CEO Jacob Suen sold 37,314 shares of the firm’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $4.12, for a total value of $153,733.68. Following the sale, the chief executive officer owned 284,431 shares in the company, valued at approximately $1,171,855.72. The trade was a 11.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Jacob Suen also recently made the following trade(s):

• On Monday, March 23rd, Jacob Suen sold 1,000 shares of Airgain stock. The stock was sold at an average price of $5.00, for a total value of $5,000.00.
• On Wednesday, March 4th, Jacob Suen sold 3,704 shares of Airgain stock. The shares were sold at an average price of $4.16, for a total transaction of $15,408.64.
• On Tuesday, February 10th, Jacob Suen sold 888 shares of Airgain stock. The shares were sold at an average price of $5.07, for a total transaction of $4,502.16.
• On Monday, February 9th, Jacob Suen sold 6,112 shares of Airgain stock. The shares were sold at an average price of $5.01, for a total transaction of $30,621.12.
• On Tuesday, January 20th, Jacob Suen sold 15,993 shares of Airgain stock. The stock was sold at an average price of $4.00, for a total transaction of $63,972.00.

Airgain Trading Up 4.5%

Shares of AIRG stock opened at $5.38 on Wednesday. The company has a market capitalization of $65.74 million, a PE ratio of -10.15 and a beta of 0.93. The firm has a fifty day simple moving average of $4.56 and a 200-day simple moving average of $4.26. Airgain, Inc. has a twelve month low of $3.00 and a twelve month high of $5.85.

More Airgain News

Here are the key news stories impacting Airgain this week:

• Positive Sentiment: Zacks flagged AIRG as a big mover on higher‑than‑average volume and cited upward earnings estimate momentum, supporting near‑term upside potential. Airgain (AIRG) Soars 8.0%: Is Further Upside Left in the Stock?
• Positive Sentiment: Company is linked in press coverage to a partnership with Myanmar Airways International aimed at improving pricing intelligence and market responsiveness — a customer win that could help commercial traction if confirmed. Myanmar Airways International Partners with AirGain
• Neutral Sentiment: There is a Business‑Standard item about Myanmar Airways selecting Rategain’s pricing platform; that article appears focused on Rategain rather than Airgain, suggesting possible misattribution or limited direct impact on AIRG. MAI selects Rategain’s pricing intelligence platform
• Neutral Sentiment: Short‑interest reports show 0 shares short (and report data appears inconsistent/erroneous), so there is no clear short‑pressure signal from published short‑interest figures. (Data likely a reporting glitch.)
• Negative Sentiment: Multiple senior executives sold stock this week — CEO Jacob Suen, CTO Ali Sadri and CFO Michael Elbaz executed multi‑thousand‑share sales (notable blocks on March 20 at ~$4.12 and follow‑on sales at ~$5.00). These sizable insider liquidations (multiple filings) can create negative sentiment and selling pressure even if some sales are planned or for diversification. CEO SEC Filing CTO SEC Filing CFO SEC Filing

Institutional Trading of Airgain

Several institutional investors have recently added to or reduced their stakes in AIRG. Marathon Capital Management bought a new position in Airgain during the 2nd quarter valued at $42,000. XTX Topco Ltd bought a new stake in shares of Airgain in the 4th quarter worth about $44,000. Susquehanna International Group LLP bought a new stake in shares of Airgain in the 3rd quarter worth about $91,000. Citadel Advisors LLC raised its stake in shares of Airgain by 270.1% in the 3rd quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock valued at $118,000 after purchasing an additional 43,214 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of Airgain by 24.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 38,500 shares of the technology company’s stock valued at $167,000 after purchasing an additional 7,500 shares in the last quarter. 52.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Airgain in a research report on Wednesday, January 21st. Lake Street Capital began coverage on Airgain in a research report on Wednesday, January 21st. They set a “buy” rating and a $6.00 target price on the stock. Finally, Royal Bank Of Canada set a $6.00 price target on Airgain in a research note on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Airgain presently has an average rating of “Moderate Buy” and an average target price of $6.20.

About Airgain

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.