Calix, Inc $CALX Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in shares of Calix, Inc (NYSE:CALX) by 506.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,371 shares of the communications equipment provider’s stock after acquiring an additional 16,178 shares during the period. SG Americas Securities LLC’s holdings in Calix were worth $1,189,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Assenagon Asset Management S.A. boosted its position in Calix by 135.6% during the second quarter. Assenagon Asset Management S.A. now owns 947,738 shares of the communications equipment provider’s stock worth $50,410,000 after purchasing an additional 545,490 shares in the last quarter. Loomis Sayles & Co. L P acquired a new position in shares of Calix during the 2nd quarter worth approximately $21,682,000. Westfield Capital Management Co. LP acquired a new position in shares of Calix during the 2nd quarter worth approximately $15,486,000. Cubist Systematic Strategies LLC lifted its position in shares of Calix by 1,166.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 290,026 shares of the communications equipment provider’s stock valued at $15,427,000 after buying an additional 267,118 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new stake in Calix in the 2nd quarter valued at $13,599,000. Institutional investors and hedge funds own 98.14% of the company’s stock.

Calix Trading Down 1.5%

CALX opened at $58.13 on Friday. Calix, Inc has a twelve month low of $28.60 and a twelve month high of $71.22. The firm has a market capitalization of $3.85 billion, a PE ratio of -484.41 and a beta of 1.55. The firm’s 50-day moving average price is $55.29 and its 200 day moving average price is $57.60.

Calix (NYSE:CALX) last released its quarterly earnings data on Wednesday, October 29th. The communications equipment provider reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.10. Calix had a negative net margin of 0.78% and a negative return on equity of 0.69%. The company had revenue of $265.44 million during the quarter, compared to the consensus estimate of $246.21 million. During the same quarter in the prior year, the firm earned $0.13 EPS. Calix’s quarterly revenue was up 32.1% on a year-over-year basis. Calix has set its Q4 2025 guidance at 0.350-0.410 EPS. As a group, analysts predict that Calix, Inc will post -0.43 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Carl Russo sold 420,000 shares of Calix stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $64.09, for a total transaction of $26,917,800.00. Following the transaction, the director owned 1,694,188 shares in the company, valued at approximately $108,580,508.92. This trade represents a 19.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Cory Sindelar sold 50,000 shares of the company’s stock in a transaction on Thursday, November 6th. The shares were sold at an average price of $65.30, for a total value of $3,265,000.00. Following the completion of the sale, the chief financial officer owned 76,555 shares of the company’s stock, valued at approximately $4,999,041.50. The trade was a 39.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 530,000 shares of company stock worth $34,099,800. 16.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

CALX has been the subject of a number of research analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Calix in a research report on Monday, December 29th. Roth Capital set a $85.00 price target on shares of Calix and gave the stock a “buy” rating in a research report on Thursday, October 30th. Craig Hallum reaffirmed a “buy” rating and issued a $75.00 price target on shares of Calix in a research note on Friday, October 31st. Needham & Company LLC reiterated a “buy” rating and set a $82.00 price objective on shares of Calix in a research note on Monday, November 24th. Finally, JPMorgan Chase & Co. raised Calix from a “neutral” rating to an “overweight” rating and increased their target price for the company from $75.00 to $90.00 in a report on Thursday. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Calix presently has an average rating of “Moderate Buy” and a consensus price target of $82.00.

Calix Company Profile

Calix, Inc is a provider of cloud and software platforms, systems, and services that enable broadband service providers to transform their networks and subscriber experiences. The company’s flagship Calix Cloud platform delivers real-time analytics, automation and intelligence designed to simplify network operations, improve service agility and drive revenue growth. Calix also offers a comprehensive suite of premises and access systems, including broadband access nodes, fiber-to-the-home optics and residential gateways under the GigaSpire brand.

Through its software-defined network architecture, Calix helps service providers virtualize key network functions and introduce new services with minimal capital expenditure.