Agora CEO Zhao Bin buys $78,083 in company stock

Zhao Bin, Chief Executive Officer and Director of Agora, Inc. (NASDAQ:API), recently acquired American Depositary Shares (ADSs) of the company, with the total value of these purchases reaching $78,083. The transactions occurred over two separate dates in late October 2026. The purchases come as API trades at $4.48, with the stock showing strong momentum after gaining 26% over the past six months. According to InvestingPro analysis, the stock appears undervalued relative to its Fair Value, placing it among opportunities on the Most Undervalued stocks list.

On October 23, 2026, Mr. Zhao purchased 9,906 ADSs at a weighted average price of $4.4153 per share. These shares were acquired within a price range of $4.3600 to $4.4600. A subsequent transaction took place on October 26, 2026, where Mr. Zhao bought an additional 7,692 ADSs at a weighted average price of $4.4651 per share. The prices for these shares ranged from $4.3800 to $4.5000.

Both sets of purchases were made indirectly through YY TZ Limited. Mr. Zhao is the sole director of YY TZ Limited and holds discretionary authority over the shares held by the entity. The transactions were carried out pursuant to a Rule 10b5-1 trading plan, which YY TZ Limited adopted on June 15, 2026. It is noted that one ADS represents four Class A Ordinary Shares of Agora, Inc. For deeper insights into API’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.

In other recent news, Agora Inc. reported its second-quarter 2026 financial results, showcasing significant growth. The company achieved a revenue increase of 18% year-over-year, reaching $40.4 million, which surpassed the high end of its guidance range of $39 million to $40 million. This marks a continuation of Agora’s trend of strong revenue growth. Additionally, Agora posted $2.2 million in GAAP net income, marking its seventh consecutive quarter of profitability. In response to these results, BofA Securities raised its price target for Agora to $6.80 from $6.60, while maintaining a Buy rating on the stock. These developments highlight Agora’s robust financial performance and positive outlook from analysts.