Insider Buying: Agora (NASDAQ:API) CEO Purchases $39,836.10 in Stock

by · The Markets Daily

Agora, Inc. Sponsored ADR (NASDAQ:API – Get Free Report) CEO Bin Zhao purchased 9,095 shares of Agora stock in a transaction on Friday, October 30th. The stock was bought at an average price of $4.38 per share, with a total value of $39,836.10. Following the transaction, the chief executive officer owned 2,253,406 shares of the company’s stock, valued at approximately $9,869,918.28. This represents a 0.41% 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 Tuesday, November 3rd, Bin Zhao bought 10,000 shares of Agora stock. The stock was purchased at an average cost of $4.16 per share, with a total value of $41,600.00.
  • On Monday, November 2nd, Bin Zhao bought 9,478 shares of Agora stock. The shares were purchased at an average price of $4.37 per share, for a total transaction of $41,418.86.
  • On Thursday, October 29th, Bin Zhao purchased 9,429 shares of Agora stock. The shares were purchased at an average cost of $4.45 per share, for a total transaction of $41,959.05.
  • On Wednesday, October 28th, Bin Zhao purchased 9,549 shares of Agora stock. The stock was purchased at an average price of $4.47 per share, with a total value of $42,684.03.
  • On Tuesday, October 27th, Bin Zhao acquired 3,000 shares of Agora stock. The stock was purchased at an average cost of $4.47 per share, with a total value of $13,410.00.
  • On Monday, October 26th, Bin Zhao acquired 7,692 shares of Agora stock. The shares were purchased at an average price of $4.47 per share, for a total transaction of $34,383.24.
  • On Friday, October 23rd, Bin Zhao bought 9,906 shares of Agora stock. The shares were purchased at an average price of $4.42 per share, for a total transaction of $43,784.52.
  • On Monday, October 19th, Bin Zhao bought 9,971 shares of Agora stock. The stock was purchased at an average cost of $4.39 per share, with a total value of $43,772.69.
  • On Thursday, October 22nd, Bin Zhao purchased 8,989 shares of Agora stock. The stock was acquired at an average price of $4.40 per share, with a total value of $39,551.60.
  • On Wednesday, October 21st, Bin Zhao purchased 9,513 shares of Agora stock. The shares were acquired at an average cost of $4.46 per share, for a total transaction of $42,427.98.

Agora Price Performance

NASDAQ:API opened at $4.36 on Thursday. The business’s 50-day simple moving average is $4.22 and its two-hundred day simple moving average is $4.15. Agora, Inc. Sponsored ADR has a 52 week low of $3.14 and a 52 week high of $5.49. The stock has a market cap of $380.72 million, a PE ratio of 39.64 and a beta of 0.88. The company has a quick ratio of 5.11, a current ratio of 5.11 and a debt-to-equity ratio of 0.18.

Agora (NASDAQ:API – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.02 earnings per share for the quarter, topping 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 firm had revenue of $40.42 million during the quarter, compared to analyst estimates of $40.44 million. As a group, analysts forecast that Agora, Inc. Sponsored ADR will post 0.14 EPS for the current fiscal year.

Agora News Roundup

Here are the key news stories impacting Agora this week:

  • Positive Sentiment: CEO Bin Zhao continued buying shares, purchasing 10,000 shares on November 3 for about $41,600 and 9,478 shares on November 2 for about $41,419. These purchases add to a series of recent insider buys and may signal management confidence, though they do not guarantee future share performance. SEC insider ownership filing
  • Neutral Sentiment: Agora plans to report third-quarter 2026 financial results on November 16. The announcement sets a near-term catalyst; the results and management outlook may influence the stock. Agora third-quarter results announcement

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of Agora from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Weiss Ratings raised shares of Agora from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 9th. Finally, Bank of America boosted their target price on shares of Agora from $6.60 to $6.80 and gave the stock a “buy” rating in a report on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $6.80.

View Our Latest Analysis on API

Institutional Investors Weigh In On Agora

A number of hedge funds have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in Agora by 1.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,801,785 shares of the company’s stock valued at $7,531,000 after buying an additional 18,000 shares during the last quarter. AXQ Capital LP purchased a new position in Agora during the 2nd quarter valued at approximately $55,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Agora during the 2nd quarter worth approximately $101,000. Finally, Headlands Technologies LLC raised its holdings in shares of Agora by 25.8% during the 2nd quarter. Headlands Technologies LLC now owns 48,795 shares of the company’s stock worth $195,000 after acquiring an additional 10,021 shares in the last quarter. 40.40% of the stock is currently owned by hedge funds and other institutional investors.

Agora Company Profile

(Get Free Report)

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.

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