Spark Investment Management LLC increased its stake in shares of Airgain, Inc. (NASDAQ:AIRG) by 6.3% during the second quarter, Holdings Channel reports. The fund owned 73,100 shares of the technology company’s stock after buying an additional 4,300 shares during the period. Spark Investment Management LLC’s holdings in Airgain were worth $1,036,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Hood River Capital Management LLC boosted its position in Airgain by 1.9% in the first quarter. Hood River Capital Management LLC now owns 356,435 shares of the technology company’s stock worth $5,404,000 after buying an additional 6,615 shares in the last quarter. Sigma Planning Corp boosted its position in Airgain by 41.9% in the first quarter. Sigma Planning Corp now owns 34,697 shares of the technology company’s stock worth $526,000 after buying an additional 10,250 shares in the last quarter. Wells Fargo & Company MN boosted its position in Airgain by 723.4% in the first quarter. Wells Fargo & Company MN now owns 12,351 shares of the technology company’s stock worth $187,000 after buying an additional 10,851 shares in the last quarter. UBS Group AG boosted its position in Airgain by 125.3% in the first quarter. UBS Group AG now owns 25,022 shares of the technology company’s stock worth $379,000 after buying an additional 13,918 shares in the last quarter. Finally, US Bancorp DE boosted its position in Airgain by 23.3% in the first quarter. US Bancorp DE now owns 79,241 shares of the technology company’s stock worth $1,201,000 after buying an additional 15,000 shares in the last quarter. Institutional investors own 34.79% of the company’s stock.

Airgain, Inc. (AIRG) opened at 10.78 on Thursday. The company’s 50-day moving average price is $13.58 and its 200 day moving average price is $14.28. The firm has a market cap of $102.63 million and a price-to-earnings ratio of 27.02. Airgain, Inc. has a 1-year low of $9.76 and a 1-year high of $29.30.

COPYRIGHT VIOLATION NOTICE: “Spark Investment Management LLC Has $1.04 Million Position in Airgain, Inc. (AIRG)” was posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The original version of this news story can be accessed at https://www.watchlistnews.com/spark-investment-management-llc-has-1-04-million-position-in-airgain-inc-airg/1468135.html.

A number of research firms have recently weighed in on AIRG. B. Riley reiterated a “buy” rating and set a $17.00 price target on shares of Airgain in a report on Friday, August 4th. Zacks Investment Research upgraded Airgain from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a report on Thursday, June 8th. Finally, Cowen and Company reiterated an “outperform” rating and set a $22.00 price target on shares of Airgain in a report on Wednesday, April 12th. Seven equities research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of $18.59.

Airgain Company Profile

Airgain, Inc is a provider of embedded antenna technologies used to enable wireless networking across a range of home, enterprise and industrial devices. The Company’s antennas are found in devices deployed in carrier, enterprise and residential wireless networks and systems, including set top boxes, access points, routers, gateways and digital televisions.

Want to see what other hedge funds are holding AIRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Airgain, Inc. (NASDAQ:AIRG).

Institutional Ownership by Quarter for Airgain (NASDAQ:AIRG)

Receive News & Ratings for Airgain Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airgain Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.