First Eagle Investment Management LLC Has $2.18 Million Stock Holdings in Airgain, Inc. $AIRG

First Eagle Investment Management LLC trimmed its position in shares of Airgain, Inc. (NASDAQ:AIRG) by 6.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 522,230 shares of the technology company’s stock after selling 36,984 shares during the period. First Eagle Investment Management LLC’s holdings in Airgain were worth $2,183,000 at the end of the most recent quarter.

Separately, Bard Associates Inc. grew its holdings in shares of Airgain by 2.6% during the 1st quarter. Bard Associates Inc. now owns 157,830 shares of the technology company’s stock worth $532,000 after purchasing an additional 4,000 shares in the last quarter. Institutional investors and hedge funds own 52.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AIRG. Roth Capital cut their target price on Airgain from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Friday, July 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Airgain in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $8.50.

Airgain Price Performance

Shares of NASDAQ:AIRG opened at $4.08 on Friday. The business’s fifty day moving average price is $4.18 and its two-hundred day moving average price is $4.23. Airgain, Inc. has a fifty-two week low of $3.17 and a fifty-two week high of $10.34. The stock has a market capitalization of $48.56 million, a price-to-earnings ratio of -7.03 and a beta of 0.85.

Airgain Profile

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.