Macquarie Group Ltd. bought a new position in shares of Calix Inc (NYSE:CALX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,700 shares of the communications equipment provider’s stock, valued at approximately $75,000.

A number of other large investors also recently made changes to their positions in the stock. Semmax Financial Advisors Inc. bought a new position in shares of Calix in the 4th quarter worth about $38,000. Metropolitan Life Insurance Co. NY raised its position in shares of Calix by 401.6% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 14,636 shares of the communications equipment provider’s stock worth $143,000 after acquiring an additional 11,718 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Calix in the 4th quarter worth about $156,000. Mackay Shields LLC bought a new position in shares of Calix in the 4th quarter worth about $175,000. Finally, Ibex Investors LLC bought a new position in shares of Calix in the 4th quarter worth about $238,000. 63.28% of the stock is owned by institutional investors and hedge funds.

Shares of CALX opened at $6.84 on Friday. The stock has a market capitalization of $365.58 million, a PE ratio of -20.73, a PEG ratio of 10.60 and a beta of 0.59. Calix Inc has a one year low of $6.00 and a one year high of $11.30.

Calix (NYSE:CALX) last issued its earnings results on Tuesday, February 5th. The communications equipment provider reported ($0.05) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.13). The firm had revenue of $115.52 million during the quarter, compared to analyst estimates of $124.95 million. Calix had a negative net margin of 4.37% and a negative return on equity of 12.08%. Analysts anticipate that Calix Inc will post 0.11 earnings per share for the current year.

CALX has been the subject of several research analyst reports. Zacks Investment Research raised Calix from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Wednesday, January 16th. ValuEngine lowered Calix from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 7th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $7.92.

In other news, Director J Daniel Plants bought 100,000 shares of Calix stock in a transaction dated Friday, February 8th. The stock was bought at an average cost of $7.49 per share, for a total transaction of $749,000.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Cory Sindelar bought 10,000 shares of Calix stock in a transaction dated Friday, February 8th. The stock was purchased at an average price of $7.53 per share, with a total value of $75,300.00. Following the completion of the purchase, the chief financial officer now owns 44,000 shares in the company, valued at $331,320. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 122,500 shares of company stock valued at $924,800. 18.57% of the stock is currently owned by company insiders.

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Calix Company Profile

Calix, Inc, together with its subsidiaries, develops, markets, and sells software platforms, systems, and software for fiber- and copper-based network architectures that enable communications service providers (CSPs) to access networks. Its portfolio consists of E-Series access systems and nodes, B-Series access nodes, C-Series multiservice access system, and P-Series optical network terminals and residential gateways.

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Institutional Ownership by Quarter for Calix (NYSE:CALX)

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