Craig Hallum Boosts Airgain (NASDAQ:AIRG) Price Target to $12.00

Airgain (NASDAQ:AIRG) had its price objective boosted by Craig Hallum from $8.00 to $12.00 in a report published on Wednesday,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.

Separately, Northland Securities reissued an “outperform” rating and set a $11.50 price objective (up previously from $8.00) on shares of Airgain in a report on Wednesday.

Airgain Stock Performance

Airgain stock opened at $9.35 on Wednesday. The business’s fifty day moving average is $8.64 and its two-hundred day moving average is $7.12. The firm has a market cap of $105.66 million, a P/E ratio of -8.20 and a beta of 0.69. Airgain has a 52 week low of $2.25 and a 52 week high of $10.34.

Hedge Funds Weigh In On Airgain

Several large investors have recently made changes to their positions in the company. US Bancorp DE increased its position in Airgain by 3.7% in the third quarter. US Bancorp DE now owns 66,641 shares of the technology company’s stock worth $502,000 after purchasing an additional 2,400 shares during the period. Renaissance Technologies LLC grew its position in shares of Airgain by 0.8% during the 2nd quarter. Renaissance Technologies LLC now owns 352,336 shares of the technology company’s stock worth $2,128,000 after buying an additional 2,800 shares during the period. Geode Capital Management LLC grew its position in shares of Airgain by 23.2% during the 3rd quarter. Geode Capital Management LLC now owns 111,476 shares of the technology company’s stock worth $841,000 after buying an additional 20,970 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Airgain by 195.5% during the third quarter. Farther Finance Advisors LLC now owns 36,277 shares of the technology company’s stock worth $274,000 after buying an additional 24,000 shares during the last quarter. Finally, First Eagle Investment Management LLC lifted its holdings in Airgain by 8.3% in the first quarter. First Eagle Investment Management LLC now owns 426,634 shares of the technology company’s stock valued at $2,325,000 after buying an additional 32,521 shares during the period. Institutional investors and hedge funds own 52.76% of the company’s stock.

Airgain Company 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.