Harmonic Inc. $HLIT Position Raised by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its position in shares of Harmonic Inc. (NASDAQ:HLIT) by 15.1% in the third quarter, HoldingsChannel.com reports. The firm owned 443,703 shares of the communications equipment provider’s stock after buying an additional 58,145 shares during the period. Public Sector Pension Investment Board’s holdings in Harmonic were worth $4,517,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Exchange Traded Concepts LLC bought a new stake in shares of Harmonic in the 3rd quarter worth approximately $1,236,000. Ellsworth Advisors LLC acquired a new position in Harmonic in the third quarter worth approximately $5,104,000. Y Intercept Hong Kong Ltd increased its holdings in shares of Harmonic by 200.3% in the second quarter. Y Intercept Hong Kong Ltd now owns 322,826 shares of the communications equipment provider’s stock valued at $3,057,000 after buying an additional 215,335 shares in the last quarter. Silverberg Bernstein Capital Management LLC lifted its position in shares of Harmonic by 11.2% during the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 1,247,093 shares of the communications equipment provider’s stock valued at $12,695,000 after acquiring an additional 125,795 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Harmonic during the 2nd quarter worth $412,000. Institutional investors own 99.38% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $14.00 target price on shares of Harmonic in a research report on Thursday, February 12th. Barclays lifted their price target on Harmonic from $8.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Harmonic in a research note on Thursday, January 22nd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $15.00 target price on shares of Harmonic in a research report on Tuesday, December 9th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $13.33.

Insider Buying and Selling

In other Harmonic news, SVP Neven Haltmayer sold 23,835 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $10.41, for a total value of $248,122.35. Following the transaction, the senior vice president owned 149,570 shares in the company, valued at approximately $1,557,023.70. This represents a 13.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David Krall bought 47,528 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were bought at an average cost of $10.50 per share, with a total value of $499,044.00. Following the purchase, the director directly owned 223,125 shares in the company, valued at approximately $2,342,812.50. This trade represents a 27.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.21% of the stock is owned by corporate insiders.

Harmonic Stock Up 1.6%

Shares of Harmonic stock opened at $10.73 on Friday. Harmonic Inc. has a 1 year low of $7.80 and a 1 year high of $11.49. The company has a market cap of $1.20 billion, a P/E ratio of 25.55 and a beta of 1.05. The company has a current ratio of 2.08, a quick ratio of 1.64 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average price of $10.11 and a 200 day moving average price of $9.93.

Trending Headlines about Harmonic

Here are the key news stories impacting Harmonic this week:

• Positive Sentiment: Company raised EPS outlook — Harmonic updated Q1 FY26 EPS guidance to $0.110–$0.120 (well above the consensus ~$0.07) and raised FY26 EPS guidance to $0.460–$0.630 (above the ~$0.39 consensus), suggesting margin improvement and better profitability outlook. Harmonic Announces Fourth Quarter and Fiscal 2025 Results
• Positive Sentiment: Broadband bookings strength and strategic portfolio move — management reported record quarterly Broadband bookings and a 3.5 book‑to‑bill in Q4, and reiterated that the previously announced sale of the Video business is proceeding as planned, supporting a sharper focus on higher‑growth broadband revenue. Harmonic Announces Fourth Quarter and Fiscal 2025 Results
• Positive Sentiment: Customer win: izzi selects Harmonic’s cOS virtualized broadband platform, a tangible commercial validation for Harmonic’s broadband strategy that should help future bookings and revenue growth in Latin America. izzi Accelerates Strategic Fiber Broadband Expansion with Harmonic
• Neutral Sentiment: Company materials available — Harmonic posted its earnings release, slide deck and conference call transcript for investors to review management’s commentary and model assumptions. These materials will guide further analyst revisions. View Press Release / Slide Deck
• Neutral Sentiment: Short‑interest data reported looks anomalous (shows zero shares) and appears unreliable for trading signal; ignore until clarified by a reliable data source.
• Negative Sentiment: Revenue miss and much lower revenue guidance — Q4 revenue (~$98.2M) fell roughly 42.6% year‑over‑year and was well below analyst estimates; management’s Q1 revenue guide ($100–105M) and FY26 revenue guide ($440–480M) are materially lower than consensus (~$141M Q1 and ~$622M FY), raising concerns about top‑line recovery and the pace of migration to broadband. Listen to Conference Call / View Press Release
• Negative Sentiment: Conflicting coverage on Q4 EPS — some outlets reported a weaker EPS result, adding to near‑term analyst uncertainty and likely prompting model revisions. Harmonic (HLIT) Q4 Earnings and Revenues Lag Estimates

Harmonic Company Profile

Harmonic Inc (NASDAQ:HLIT) is a leading provider of video delivery infrastructure that enables service providers, broadcasters and content owners to capture, process and distribute high‐quality video across broadcast, cable, satellite and IP networks. The company’s portfolio spans real‐time video compression solutions, including encoders and transcoders, as well as storage and server products designed for live production, playout and streaming on any device.

Harmonic’s product lines include cable edge QAM modules and set‐top video processing platforms for traditional pay‐TV operators, alongside cloud‐native software for over‐the‐top (OTT) delivery, origin servers and content delivery network (CDN) services.