airgain, inc. (nasdaq: airg) is a leading provider of embedded antenna technologies used to enable high performance wireless networking across a broad range of home, enterprise, automotive, and industrial devices. our innovative antenna systems open up exciting new possibilities in wireless services requiring high speed throughput, broad coverage footprint, and carrier grade quality. our antennas are found in devices deployed in carrier, enterprise, and residential wireless networks and systems, including set-top boxes, access points, routers, gateways, media adapters, digital televisions, and internet of things (iot) devices. airgain partners with and supplies the largest blue chip brands in the world, including original equipment and design manufacturers, chipset makers, and global operators. airgain is headquartered in san diego, california, and maintains design and test centers in san diego, cambridge, united kingdom, and suzhou and shenzhen, china. for more information, visit airg
Company profile
Ticker
AIRG
Exchange
Website
CEO
Jacob Suen
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
NimbeLink Corp • Shenzhen Airgain Science and Technology Co., Ltd ...
AIRG stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
25 Apr 24
DEF 14A
Definitive proxy
25 Apr 24
ARS
2023 FY
Annual report to shareholders
25 Apr 24
8-K
Entry into a Material Definitive Agreement
6 Mar 24
424B5
Prospectus supplement for primary offering
6 Mar 24
10-K
2023 FY
Annual report
6 Mar 24
8-K
Airgain® Reports Fourth Quarter and Full Year 2023 Financial Results
6 Mar 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Airgain® Reports Third Quarter 2023 Financial Results
9 Nov 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
Transcripts
AIRG
Earnings call transcript
2023 Q4
6 Mar 24
AIRG
Earnings call transcript
2023 Q3
9 Nov 23
AIRG
Earnings call transcript
2023 Q2
10 Aug 23
AIRG
Earnings call transcript
2023 Q1
11 May 23
AIRG
Earnings call transcript
2023 Q1
11 May 23
AIRG
Earnings call transcript
2022 Q4
9 Mar 23
AIRG
Earnings call transcript
2022 Q3
11 Nov 22
AIRG
Earnings call transcript
2022 Q2
12 Aug 22
AIRG
Earnings call transcript
2021 Q1
11 May 22
AIRG
Earnings call transcript
2021 Q4
25 Feb 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.03 mm | 10.03 mm | 10.03 mm | 10.03 mm | 10.03 mm | 10.03 mm |
Cash burn (monthly) | (no burn) | (no burn) | 636.67 k | 849.08 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 4.39 mm | 5.86 mm | n/a | n/a |
Cash remaining | n/a | n/a | 5.64 mm | 4.17 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 8.9 | 4.9 | n/a | n/a |
Institutional ownership, Q3 2023
58.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 41 |
Opened positions | 3 |
Closed positions | 7 |
Increased positions | 5 |
Reduced positions | 14 |
13F shares | Current |
---|---|
Total value | 17.20 bn |
Total shares | 6.17 mm |
Total puts | 100.00 |
Total calls | 100.00 |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Blair William & Co | 852.65 k | $3.13 bn |
Hirschman Orin | 725.48 k | $0.00 |
AIGH Capital Management | 722.53 k | $2.65 bn |
AMP Ameriprise Financial | 611.50 k | $2.24 bn |
Vanguard | 530.02 k | $1.95 bn |
First Eagle Investment Management | 439.68 k | $1.61 bn |
Jackson Capital Management | 387.92 k | $6.90 mm |
Renaissance Technologies | 366.68 k | $1.35 mm |
Granahan Investment Management | 354.80 k | $1.30 bn |
BLK Blackrock | 201.14 k | $738.19 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 24 | Ali Sadri | Common Stock | Sell | Dispose S | No | No | 5.1044 | 2,240 | 11.43 k | 96,958 |
21 Mar 24 | Ali Sadri | Common Stock | Sell | Dispose S | No | No | 5.1043 | 3,139 | 16.02 k | 99,198 |
21 Mar 24 | Michael Elbaz | Common Stock | Sell | Dispose S | No | No | 5.1033 | 2,172 | 11.08 k | 109,570 |
21 Mar 24 | Michael Elbaz | Common Stock | Sell | Dispose S | No | No | 5.1044 | 1,842 | 9.40 k | 111,742 |
21 Mar 24 | Jacob Suen | Common Stock | Sell | Dispose S | No | No | 5.1043 | 3,827 | 19.53 k | 236,275 |
21 Mar 24 | Jacob Suen | Common Stock | Sell | Dispose S | No | No | 5.1038 | 732 | 3.74 k | 240,102 |
21 Mar 24 | Jacob Suen | Common Stock | Sell | Dispose S | No | No | 5.1032 | 6,080 | 31.03 k | 240,834 |
21 Mar 24 | Jacob Suen | Common Stock | Sell | Dispose S | No | No | 5.0717 | 10,639 | 53.96 k | 242,092 |
21 Mar 24 | Michael Elbaz | Common Stock | Sell | Dispose S | No | No | 5.0675 | 4,014 | 20.34 k | 109,571 |
News
Airgain Signs Global Distribution Agreement With Techship; Techship To Distribute Airgain's NimbeLink Family Of Plug-in Cellular Modems Globally
18 Mar 24
Northland Capital Markets Maintains Outperform on Airgain, Raises Price Target to $6
7 Mar 24
Airgain: Q4 Earnings Insights
6 Mar 24
Airgain Q4 2023 Adj EPS $(0.33) Misses $(0.20) Estimate, Sales $10.07M Beat $10.00M Estimate
6 Mar 24
Earnings Scheduled For March 6, 2024
6 Mar 24
Press releases
Airgain Sets First Quarter 2024 Earnings Call for Wednesday, May 8, 2024 at 5:00 p.m. ET
24 Apr 24
Airgain® Reports Fourth Quarter and Full Year 2023 Financial Results
6 Mar 24
Airgain Awarded Multi-Million Dollar Tier One MSO Wi-Fi 7 Design Win
5 Mar 24
Airgain Announces New Asset Tracking Solution for Lenovo ThinkEdge Servers
26 Feb 24