In a report released today, Tim Savageaux from Northland Securities reiterated a Buy rating on Airgain (AIRG – Research Report), with a price target of $6.00. The company’s shares closed yesterday at $4.63.
Savageaux covers the Technology sector, focusing on stocks such as Nokia, Aviat Networks, and Emcore. According to TipRanks, Savageaux has an average return of 17.5% and a 59.28% success rate on recommended stocks.
Currently, the analyst consensus on Airgain is a Moderate Buy with an average price target of $6.00.
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The company has a one-year high of $7.44 and a one-year low of $1.63. Currently, Airgain has an average volume of 21.16K.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AIRG in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Airgain (AIRG) Company Description:
Airgain, Inc. provides embedded antenna products, integration support and test services. The firm works in partnership with the entire ecosystem, including carriers, chipset suppliers, OEMs, and ODMs. Its products include embedded, external and carrier-class antennas. The company offers custom antenna design and performance validation services. Its antennas are deployed in carrier, fleet, enterprise, residential, private, government, and public safety wireless networks and systems, including set-top boxes, access points, routers, modems, gateways, media adapters, and asset tracking devices. The company was founded in 2003 and is headquartered in San Diego, CA.
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