Airgain (NASDAQ:AIRG – Get Free Report) updated its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.040-0.040 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $14.3 million-$16.3 million, compared to the consensus revenue estimate of $14.9 million.
Airgain Stock Performance
Shares of NASDAQ AIRG traded down $0.03 during trading hours on Wednesday, reaching $5.72. 69,585 shares of the stock were exchanged, compared to its average volume of 84,094. The firm has a market capitalization of $72.51 million, a price-to-earnings ratio of -10.40 and a beta of 0.91. The stock’s fifty day simple moving average is $6.33 and its 200 day simple moving average is $5.76. Airgain has a 52 week low of $3.00 and a 52 week high of $7.66.
Airgain (NASDAQ:AIRG – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.02 earnings per share (EPS) for the quarter. Airgain had a negative return on equity of 15.42% and a negative net margin of 13.22%.The business had revenue of $13.70 million during the quarter, compared to the consensus estimate of $13.45 million. Airgain has set its Q3 2026 guidance at 0.040-0.040 EPS. Research analysts predict that Airgain will post -0.22 EPS for the current fiscal year.
Analyst Ratings Changes
Read Our Latest Report on AIRG
Insider Activity at Airgain
In related news, CFO Michael Elbaz sold 3,787 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $6.77, for a total transaction of $25,637.99. Following the sale, the chief financial officer owned 135,506 shares in the company, valued at approximately $917,375.62. This trade represents a 2.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jacob Suen sold 4,573 shares of Airgain stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $6.51, for a total transaction of $29,770.23. Following the completion of the transaction, the chief executive officer directly owned 281,431 shares in the company, valued at $1,832,115.81. This trade represents a 1.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 10,847 shares of company stock worth $72,827 in the last quarter. 17.50% of the stock is currently owned by company insiders.
Institutional Trading of Airgain
Several institutional investors and hedge funds have recently modified their holdings of AIRG. Citadel Advisors LLC grew its position in Airgain by 270.1% in the third quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock valued at $118,000 after acquiring an additional 43,214 shares during the last quarter. Susquehanna International Group LLP bought a new position in shares of Airgain in the third quarter worth about $91,000. Finally, XTX Topco Ltd bought a new position in shares of Airgain in the fourth quarter worth about $44,000. 52.76% of the stock is currently owned by institutional investors.
Airgain Company Profile
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.
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