2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. decreased its holdings in Calix, Inc. ( NYSE:CALX – Free Report ) by 42.
5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 71,337 shares of the communications equipment provider’s stock after selling 52,776 shares during the period. Russell Investments Group Ltd.
owned approximately 0.11% of Calix worth $2,488,000 at the end of the most recent quarter. A number of other institutional investors have also bought and sold shares of CALX.
Vanguard Group Inc. lifted its position in Calix by 5.5% during the fourth quarter.
Vanguard Group Inc. now owns 7,977,769 shares of the communications equipment provider’s stock worth $278,185,000 after buying an additional 412,982 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Calix by 3.
4% during the 4th quarter. Bank of New York Mellon Corp now owns 1,373,246 shares of the communications equipment provider’s stock worth $47,885,000 after acquiring an additional 45,195 shares during the period. Geode Capital Management LLC boosted its position in shares of Calix by 0.
5% during the 4th quarter. Geode Capital Management LLC now owns 1,337,709 shares of the communications equipment provider’s stock valued at $46,657,000 after acquiring an additional 6,144 shares during the last quarter. Charles Schwab Investment Management Inc.
grew its holdings in shares of Calix by 8.0% in the fourth quarter. Charles Schwab Investment Management Inc.
now owns 649,244 shares of the communications equipment provider’s stock valued at $22,639,000 after purchasing an additional 48,098 shares during the period. Finally, Norges Bank purchased a new stake in shares of Calix in the fourth quarter valued at about $11,518,000. 98.
14% of the stock is owned by hedge funds and other institutional investors. Calix Stock Up 0.0 % Shares of NYSE CALX opened at $33.
80 on Friday. Calix, Inc. has a 52-week low of $26.
76 and a 52-week high of $42.50. The business’s 50 day moving average is $35.
41 and its two-hundred day moving average is $35.86. The firm has a market cap of $2.
25 billion, a price-to-earnings ratio of -75.12 and a beta of 1.75.
Insider Buying and Selling In other Calix news, Director Carl Russo sold 25,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $38.15, for a total transaction of $953,750.
00. Following the sale, the director now owns 2,164,188 shares in the company, valued at $82,563,772.20.
This represents a 1.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link .
16.69% of the stock is owned by insiders. Analyst Ratings Changes A number of analysts have recently issued reports on the stock.
Needham & Company LLC restated a “buy” rating and set a $45.00 price target on shares of Calix in a report on Thursday, January 30th. JPMorgan Chase & Co.
cut their target price on Calix from $45.00 to $34.00 and set a “neutral” rating for the company in a research note on Thursday.
Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.
33. Read Our Latest Report on Calix Calix Company Profile ( Free Report ) Calix, Inc, together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.
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