Agora, Inc. Sponsored ADR (NASDAQ:API – Get Free Report) CEO Bin Zhao purchased 8,966 shares of the company’s stock in a transaction dated Friday, November 6th. The shares were acquired at an average price of $4.20 per share, for a total transaction of $37,657.20. Following the purchase, the chief executive officer owned 2,301,549 shares in the company, valued at $9,666,505.80. The trade was a 0.39% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Bin Zhao also recently made the following trade(s):
- On Thursday, November 5th, Bin Zhao purchased 9,699 shares of Agora stock. The shares were acquired at an average price of $4.33 per share, for a total transaction of $41,996.67.
- On Tuesday, November 3rd, Bin Zhao acquired 10,000 shares of Agora stock. The stock was acquired at an average cost of $4.16 per share, with a total value of $41,600.00.
- On Monday, November 2nd, Bin Zhao acquired 9,478 shares of Agora stock. The stock was acquired at an average cost of $4.37 per share, with a total value of $41,418.86.
- On Friday, October 30th, Bin Zhao acquired 9,095 shares of Agora stock. The stock was acquired at an average price of $4.38 per share, with a total value of $39,836.10.
- On Thursday, October 29th, Bin Zhao bought 9,429 shares of Agora stock. The shares were acquired at an average cost of $4.45 per share, for a total transaction of $41,959.05.
- On Wednesday, October 28th, Bin Zhao bought 9,549 shares of Agora stock. The shares were acquired at an average cost of $4.47 per share, for a total transaction of $42,684.03.
- On Tuesday, October 27th, Bin Zhao bought 3,000 shares of Agora stock. The shares were bought at an average price of $4.47 per share, for a total transaction of $13,410.00.
- On Monday, October 26th, Bin Zhao bought 7,692 shares of Agora stock. The shares were bought at an average price of $4.47 per share, for a total transaction of $34,383.24.
- On Friday, October 23rd, Bin Zhao purchased 9,906 shares of Agora stock. The stock was bought at an average cost of $4.42 per share, with a total value of $43,784.52.
- On Monday, October 19th, Bin Zhao purchased 9,971 shares of Agora stock. The shares were bought at an average price of $4.39 per share, with a total value of $43,772.69.
Agora Stock Performance
API opened at $4.28 on Tuesday. The company has a market cap of $373.73 million, a PE ratio of 38.91 and a beta of 0.88. The stock has a 50-day moving average of $4.23 and a 200-day moving average of $4.15. Agora, Inc. Sponsored ADR has a 52-week low of $3.14 and a 52-week high of $5.49. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.11 and a current ratio of 5.11.
Agora (NASDAQ:API – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.22. Agora had a return on equity of 1.96% and a net margin of 7.23%. The business had revenue of $40.42 million for the quarter, compared to the consensus estimate of $40.44 million. As a group, equities research analysts forecast that Agora, Inc. Sponsored ADR will post 0.14 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
API has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of Agora from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Bank of America upped their price objective on shares of Agora from $6.60 to $6.80 and gave the stock a “buy” rating in a report on Friday, August 14th. Finally, Weiss Ratings upgraded shares of Agora from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, October 9th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Agora has an average rating of “Hold” and a consensus price target of $6.80.
View Our Latest Research Report on API
Hedge Funds Weigh In On Agora
A number of institutional investors have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC lifted its position in shares of Agora by 1.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,801,785 shares of the company’s stock worth $7,531,000 after purchasing an additional 18,000 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in Agora during the 2nd quarter valued at approximately $101,000. AXQ Capital LP acquired a new stake in Agora in the 2nd quarter valued at approximately $55,000. Finally, Headlands Technologies LLC grew its holdings in Agora by 25.8% in the 2nd quarter. Headlands Technologies LLC now owns 48,795 shares of the company’s stock valued at $195,000 after buying an additional 10,021 shares during the last quarter. 40.40% of the stock is currently owned by institutional investors.
Agora Company Profile
Agora, Inc (NASDAQ: API) is a technology company that provides real-time engagement software and infrastructure. Its platform enables developers and businesses to add voice, video, interactive live streaming, messaging, and other real-time communication features to websites and mobile applications.
The company offers software development kits and application programming interfaces for services such as real-time communications, interactive broadcasting, in-app chat, signaling, and related engagement tools.
Recommended Stories
- Five stocks we like better than Agora
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Agora Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agora and related companies with MarketBeat.com's FREE daily email newsletter.
