AIRGAIN INC
AIRG · Radio & Tv Broadcasting & Communications Equipment · 12.7M shares · +3%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$5M (gross $97K, SBC $5M)
Reference price $7.04 · est. market cap ~$89M — last insider sale, 2026-06-01 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D46Antenna/wireless-component maker with declining revenue and operating losses.
Strengths
- Adequate liquidity — current ratio 1.98 (35th)
Risks
- Sharp revenue decline — -14.6% (2nd)
- Operating/net losses — operating margin -16.4%, net margin -12.4%
- Negative returns — ROA -14.2%
Notable findings
- Net lossNet loss (net margin -12.4%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, CITADEL ADVISORS LLC
- Cash burnNegative free cash flow (-1.3M)
- Exec changeRecent 8-K item 5.02 8-K ↗
- China exposureFactors Affecting Our Operating Results 42 We believe that our performance and future success depend upon several factors including macro-economic and geopolitical uncertainties, import/export c
- Notable holderHeld by 3 notable fund(s): RENAISSANCE TECHNOLOGIES LLC, STATE STREET CORP, GOLDMAN SACHS GROUP INC (as of 2026-03-31)
- Insider sellingInsider selling — 22 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, ~$541,329, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
43.5%
Operating margin
-16.4%
Net margin
-12.4%
Return on equity
-22.7%
Return on assets
-14.2%
Revenue growth (QoQ)
-5.1%
Current ratio
2.0×
Free cash flow
-$1M
Tangible book value
$15M
Cash & investments
$7M
Cash runway
23q
Stock comp / revenue
5.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | SUEN JACOB | Sell | 1.0K | $7.04 |
| 2026-05-13 | SUEN JACOB | Option exercise | 4.6K | $1.90 |
| 2026-05-13 | SUEN JACOB | Sell | 4.6K | $6.51 |
| 2026-05-13 | Elbaz Michael | Sell | 3.8K | $6.77 |
| 2026-05-12 | Elbaz Michael | Sell | 1.5K | $6.98 |
| 2026-05-01 | SUEN JACOB | Sell | 1.0K | $7.03 |
| 2026-04-17 | Sadri Ali | Sell | 1.0K | $6.21 |
| 2026-04-01 | SUEN JACOB | Sell | 1.0K | $5.51 |
| 2026-03-23 | SUEN JACOB | Sell | 1.0K | $5.00 |
| 2026-03-23 | Sadri Ali | Sell | 1.0K | $5.00 |
| 2026-03-20 | Sadri Ali | Sell | 14K | $4.12 |
| 2026-03-20 | Elbaz Michael | Sell | 13K | $4.12 |
| 2026-03-20 | SUEN JACOB | Sell | 37K | $4.12 |
| 2026-03-15 | Elbaz Michael | Grant | 11K | — |
| 2026-03-15 | Elbaz Michael | Grant | 9.7K | — |
| 2026-03-15 | Sadri Ali | Grant | 11K | — |
| 2026-03-15 | Sadri Ali | Grant | 7.0K | — |
| 2026-03-15 | SUEN JACOB | Grant | 26K | — |
| 2026-03-15 | SUEN JACOB | Grant | 13K | — |
| 2026-03-04 | Sadri Ali | Sell | 1.2K | $4.16 |
| 2026-03-04 | SUEN JACOB | Sell | 3.7K | $4.16 |
| 2026-02-17 | Sadri Ali | Sell | 1.0K | $5.28 |
| 2026-02-10 | Sadri Ali | Sell | 881 | $5.24 |
| 2026-02-10 | SUEN JACOB | Sell | 888 | $5.07 |
| 2026-02-09 | Sadri Ali | Sell | 2.1K | $5.01 |
| 2026-02-09 | SUEN JACOB | Sell | 6.1K | $5.01 |
| 2026-02-02 | Toscanini Arthur M. | Grant | 7.3K | — |
| 2026-02-02 | SIMS JAMES K | Grant | 11K | — |
| 2026-02-02 | MUNRO THOMAS A | Grant | 7.3K | — |
| 2026-02-02 | Gillman Joan H | Grant | 7.3K | — |
| 2026-02-02 | CHUNG T J | Grant | 7.3K | — |
| 2026-02-02 | Allgood Kiva A. | Grant | 7.3K | — |
| 2026-01-20 | SUEN JACOB | Sell | 16K | $4.00 |
| 2026-01-20 | Sadri Ali | Sell | 4.7K | $4.00 |
| 2026-01-20 | Elbaz Michael | Sell | 4.6K | $4.00 |
| 2026-01-02 | Toscanini Arthur M. | Grant | 3.0K | — |
| 2026-01-02 | Gillman Joan H | Grant | 3.0K | — |
| 2026-01-02 | CHUNG T J | Grant | 2.3K | — |
| 2026-01-02 | Allgood Kiva A. | Grant | 2.2K | — |
| 2026-01-02 | SIMS JAMES K | Grant | 3.9K | — |
| 2026-01-02 | MUNRO THOMAS A | Grant | 3.1K | — |
| 2025-11-24 | SUEN JACOB | Sell | 2.1K | $3.99 |
| 2025-11-24 | Sadri Ali | Sell | 976 | $3.99 |
| 2025-11-24 | Elbaz Michael | Sell | 4.8K | $3.99 |
| 2025-10-01 | CHUNG T J | Grant | 2.2K | — |
| 2025-10-01 | Allgood Kiva A. | Grant | 2.1K | — |
| 2025-10-01 | SIMS JAMES K | Grant | 3.7K | — |
| 2025-10-01 | MUNRO THOMAS A | Grant | 3.0K | — |
| 2025-10-01 | Gillman Joan H | Grant | 2.8K | — |
| 2025-10-01 | Toscanini Arthur M. | Grant | 2.8K | — |
| 2025-07-18 | SUEN JACOB | Sell | 2.0K | $5.00 |
| 2025-07-15 | Elbaz Michael | Grant | 5.7K | — |
| 2025-07-15 | SUEN JACOB | Grant | 8.2K | — |
| 2025-07-15 | Sadri Ali | Grant | 5.9K | — |
| 2025-06-04 | Toscanini Arthur M. | Option exercise | 10K | $1.60 |
| 2025-05-30 | MUNRO THOMAS A | Option exercise | 28K | $1.60 |
| 2025-05-30 | MUNRO THOMAS A | Option exercise | 7.8K | $1.90 |
| 2025-05-23 | Toscanini Arthur M. | Sell | 4.8K | $4.05 |
| 2025-05-23 | Toscanini Arthur M. | Option exercise | 4.8K | $1.60 |
| 2025-05-22 | Toscanini Arthur M. | Option exercise | 5.5K | $1.60 |
| 2025-05-22 | Toscanini Arthur M. | Sell | 5.5K | $4.05 |
| 2025-05-21 | SIMS JAMES K | Option exercise | 32K | $1.60 |
| 2025-05-20 | Sadri Ali | Sell | 1.1K | $4.10 |
| 2025-05-16 | Toscanini Arthur M. | Option exercise | 3.1K | $1.60 |
| 2025-05-16 | Toscanini Arthur M. | Sell | 3.1K | $4.12 |
| 2025-05-15 | Toscanini Arthur M. | Sell | 6.9K | $4.01 |
| 2025-05-15 | Toscanini Arthur M. | Option exercise | 6.9K | $1.60 |
| 2025-03-17 | SUEN JACOB | Option exercise | 7.0K | $2.00 |
| 2025-03-17 | SUEN JACOB | Sell | 7.0K | $4.16 |
| 2025-03-15 | SUEN JACOB | Tax withheld | 8.5K | $4.36 |
| 2025-03-15 | Elbaz Michael | Tax withheld | 1.7K | $4.36 |
| 2025-03-15 | Elbaz Michael | Tax withheld | 3.1K | $4.36 |
| 2025-03-15 | Elbaz Michael | Grant | 6.5K | — |
| 2025-03-15 | Elbaz Michael | Tax withheld | 2.7K | $4.36 |
| 2025-03-15 | Elbaz Michael | Grant | 11K | — |
| 2025-03-15 | Elbaz Michael | Grant | 24K | — |
| 2025-03-15 | SUEN JACOB | Tax withheld | 5.7K | $4.36 |
| 2025-03-15 | SUEN JACOB | Tax withheld | 9.5K | $4.36 |
| 2025-03-15 | SUEN JACOB | Grant | 15K | — |
| 2025-03-15 | SUEN JACOB | Grant | 26K | — |
| 2025-03-15 | SUEN JACOB | Grant | 58K | — |
| 2025-03-15 | Sadri Ali | Tax withheld | 3.0K | $4.36 |
| 2025-03-15 | Sadri Ali | Tax withheld | 3.0K | $4.36 |
| 2025-03-15 | Sadri Ali | Grant | 6.7K | — |
| 2025-03-15 | Sadri Ali | Tax withheld | 2.8K | $4.36 |
| 2025-03-15 | Sadri Ali | Grant | 11K | — |
| 2025-03-15 | Sadri Ali | Grant | 23K | — |
| 2025-03-14 | SUEN JACOB | Sell | 5.0K | $4.43 |
| 2025-03-14 | SUEN JACOB | Option exercise | 5.0K | $2.00 |
| 2025-03-13 | SUEN JACOB | Sell | 120 | $4.66 |
| 2025-03-13 | SUEN JACOB | Option exercise | 120 | $2.00 |
| 2025-03-07 | SUEN JACOB | Sell | 12K | $4.85 |
| 2025-03-07 | Sadri Ali | Sell | 1.4K | $4.85 |
| 2025-03-07 | Sadri Ali | Disposition | 1.4K | $4.85 |
| 2025-02-01 | MUNRO THOMAS A | Grant | 4.2K | — |
| 2025-02-01 | Gillman Joan H | Grant | 4.2K | — |
| 2025-02-01 | Allgood Kiva A. | Grant | 4.2K | — |
| 2025-02-01 | SIMS JAMES K | Grant | 6.3K | — |
| 2025-02-01 | CHUNG T J | Grant | 4.2K | — |
| 2025-02-01 | Toscanini Arthur M. | Grant | 4.2K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-11 | 2026-06-10 | 0001193125-26-266988 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001193125-26-209133 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001193125-26-208971 ↗ |
| 8-K | 2026-04-21 | 2026-04-16 | 0001193125-26-166766 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001193125-26-076752 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001193125-26-076559 ↗ |
| 10-Q | 2025-11-12 | 2025-09-30 | 0001193125-25-277931 ↗ |
| 8-K | 2025-11-12 | 2025-11-12 | 0001193125-25-277781 ↗ |
| 8-K | 2025-08-06 | 2025-08-06 | 0000950170-25-104100 ↗ |
| 10-Q | 2025-08-06 | 2025-06-30 | 0000950170-25-104171 ↗ |
| 8-K | 2025-07-16 | 2025-07-15 | 0000950170-25-096328 ↗ |
| 8-K | 2025-06-13 | 2025-06-11 | 0000950170-25-086011 ↗ |