S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
In a recent transaction reported to the Securities and Exchange Commission, Sadri Ali, Chief Technology Officer of Airgain Inc . (NASDAQ:AIRG), sold 1,055 shares of the company’s common stock. The micro-cap company, currently valued at $47.65 million, has seen its stock decline by approximately 53% over the past six months, though InvestingPro analysis suggests the stock is trading below its Fair Value. This sale, valued at approximately $4,325, was executed at a price of $4.10 per share. The transaction, which took place on May 20, 2025, was conducted to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units (RSUs). Following this transaction, Ali retains direct ownership of 126,851 shares, including RSUs. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro subscribers can access detailed research reports covering over 1,400 US stocks, including Airgain’s financial health metrics and valuation analysis.
In other recent news, Airgain Inc. reported its first-quarter 2025 earnings, revealing a larger-than-expected loss and revenue shortfall. The company posted an earnings per share of -$0.11, missing the forecasted -$0.06, while revenue came in at $12 million, below the anticipated $14.8 million. Despite these results, Airgain projects a sales rebound in the second quarter of 2025, targeting between $12.5 million and $14.5 million. The company aims for positive adjusted EBITDA in the third quarter of 2025, with a focus on its AirgainConnect and Lighthouse platforms.
Airgain continues its transformation towards high-value wireless solutions, achieving its fifth consecutive quarterly increase in gross margin, reaching 44.3%. The company recently entered into a strategic and commercial agreement with Ormatia, a telecom operator in the Middle East, which is expected to contribute to revenue in the latter half of 2025. Meanwhile, Airgain’s performance across its consumer, automotive, and enterprise segments showed sequential declines, with consumer sales at $6.4 million, automotive at $1.3 million, and enterprise at $4.3 million. Analysts from firms like Craig Hallum and ROTH Capital have been inquiring about the company’s ongoing IoT market recovery and future expectations.
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