Dynamic Technology Lab Private Ltd Invests $668,000 in Calix, Inc $CALX

Dynamic Technology Lab Private Ltd acquired a new stake in Calix, Inc (NYSE:CALX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,891 shares of the communications equipment provider’s stock, valued at approximately $668,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clearstead Advisors LLC raised its stake in Calix by 139.3% during the third quarter. Clearstead Advisors LLC now owns 438 shares of the communications equipment provider’s stock worth $27,000 after purchasing an additional 255 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Calix during the 2nd quarter worth approximately $30,000. Whittier Trust Co. raised its position in shares of Calix by 541.0% during the 3rd quarter. Whittier Trust Co. now owns 641 shares of the communications equipment provider’s stock valued at $38,000 after buying an additional 541 shares during the period. Covestor Ltd lifted its holdings in Calix by 125.4% in the third quarter. Covestor Ltd now owns 656 shares of the communications equipment provider’s stock valued at $40,000 after acquiring an additional 365 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in Calix by 27.0% in the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the communications equipment provider’s stock valued at $64,000 after acquiring an additional 265 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Calix Trading Up 1.0%

Shares of NYSE CALX opened at $50.96 on Tuesday. The stock has a market capitalization of $3.34 billion, a PE ratio of 203.83 and a beta of 1.49. Calix, Inc has a twelve month low of $28.60 and a twelve month high of $71.22. The stock has a fifty day simple moving average of $53.15 and a 200-day simple moving average of $57.05.

Calix (NYSE:CALX) last posted its earnings results on Wednesday, January 28th. The communications equipment provider reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.01. The firm had revenue of $272.40 million for the quarter, compared to analyst estimates of $267.36 million. Calix had a return on equity of 2.31% and a net margin of 1.79%.Calix’s revenue was up 32.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.08 EPS. Calix has set its Q1 2026 guidance at 0.340-0.400 EPS. On average, equities analysts predict that Calix, Inc will post -0.43 earnings per share for the current year.

Calix declared that its Board of Directors has authorized a share repurchase plan on Wednesday, January 28th that allows the company to repurchase $125.00 million in shares. This repurchase authorization allows the communications equipment provider to buy up to 3.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CALX shares. JPMorgan Chase & Co. raised Calix from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $75.00 to $90.00 in a research note on Thursday, January 15th. Weiss Ratings raised Calix from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Monday, February 23rd. Zacks Research upgraded Calix from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. Craig Hallum set a $60.00 price objective on Calix in a research report on Friday, January 30th. Finally, Needham & Company LLC reduced their price objective on shares of Calix from $82.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Calix has an average rating of “Moderate Buy” and an average target price of $77.50.

Calix 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.