Gary Croke Sells 6,914 Shares of Aviat Networks (NASDAQ:AVNW) Stock

Aviat Networks, Inc. (NASDAQ:AVNW) SVP Gary Croke sold 6,914 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $26.20, for a total transaction of $181,146.80. Following the completion of the sale, the senior vice president directly owned 43,868 shares of the company’s stock, valued at $1,149,341.60. This represents a 13.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Aviat Networks Stock Down 0.3%

AVNW stock opened at $26.09 on Wednesday. The company has a current ratio of 1.85, a quick ratio of 1.56 and a debt-to-equity ratio of 0.37. Aviat Networks, Inc. has a 1 year low of $15.80 and a 1 year high of $27.02. The company has a fifty day simple moving average of $21.96 and a 200 day simple moving average of $22.44. The firm has a market cap of $336.56 million, a PE ratio of 23.29 and a beta of 0.96.

Aviat Networks (NASDAQ:AVNW) last posted its earnings results on Tuesday, February 3rd. The communications equipment provider reported $0.54 EPS for the quarter, topping the consensus estimate of $0.48 by $0.06. Aviat Networks had a net margin of 3.27% and a return on equity of 10.71%. The firm had revenue of $111.47 million for the quarter, compared to the consensus estimate of $109.67 million. Sell-side analysts anticipate that Aviat Networks, Inc. will post 0.5 EPS for the current fiscal year.

Key Headlines Impacting Aviat Networks

Here are the key news stories impacting Aviat Networks this week:

• Positive Sentiment: Earnings beat and revenue upside in the most recent quarter — Aviat reported $0.54 EPS vs. $0.48 expected and revenue of $111.5M vs. $109.7M consensus, showing operating momentum and supporting higher analyst targets. MarketBeat earnings & analyst coverage
• Positive Sentiment: Brokerage sentiment tilted positive: multiple firms reiterated Buy/Outperform ratings and raised price targets (B. Riley, Citizens Jmp, Roth MKM among others), producing a consensus “Moderate Buy” and a multi‑analyst average target well above the current price — a tailwind for shares. Analyst note
• Positive Sentiment: Institutional buying: several funds materially increased positions in Q4 (Western Standard, Weber Capital, Hotchkis & Wiley, First Wilshire, Kennedy Capital), indicating conviction from large investors and supporting mid/long‑term demand. Institutional holdings
• Neutral Sentiment: Short interest report is effectively zero/blank for the period provided (data shows 0 shares and NaN change), so short activity is not a clear driver of today’s move. (Data appears unreliable or not applicable.)
• Negative Sentiment: Insider selling by senior executives: CEO Pete A. Smith sold 17,086 shares at ~$26.33 on Feb 9 (SEC filing), and SVP Gary Croke sold 6,914 shares at ~$26.20 on Feb 6 — these disclosed sales reduce insider holdings and can be perceived negatively by the market. CEO Form 4 SVP Form 4
• Negative Sentiment: Analyst reduced Q3 EPS estimates — lowering near‑term earnings expectations can pressure sentiment even with recent beats. Q3 estimate cut article

Wall Street Analyst Weigh In

A number of research analysts have weighed in on AVNW shares. Wall Street Zen lowered shares of Aviat Networks from a “buy” rating to a “hold” rating in a research report on Saturday. Zacks Research upgraded Aviat Networks from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Lake Street Capital restated a “buy” rating and set a $34.00 target price on shares of Aviat Networks in a research note on Wednesday, November 5th. B. Riley Securities reaffirmed a “buy” rating and issued a $36.00 target price (up previously from $35.00) on shares of Aviat Networks in a report on Wednesday, February 4th. Finally, Roth Mkm dropped their price target on Aviat Networks from $41.00 to $38.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.80.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Quarry LP bought a new stake in shares of Aviat Networks in the third quarter valued at about $27,000. Raymond James Financial Inc. bought a new stake in shares of Aviat Networks in the 2nd quarter worth approximately $28,000. Comerica Bank lifted its position in shares of Aviat Networks by 40.2% in the 1st quarter. Comerica Bank now owns 2,720 shares of the communications equipment provider’s stock worth $52,000 after acquiring an additional 780 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Aviat Networks by 96.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,281 shares of the communications equipment provider’s stock worth $52,000 after purchasing an additional 1,120 shares in the last quarter. Finally, State of Wyoming bought a new stake in shares of Aviat Networks during the third quarter valued at approximately $63,000. Institutional investors and hedge funds own 78.62% of the company’s stock.

About Aviat Networks

Aviat Networks, Inc is a specialist in wireless transport solutions, designing, manufacturing and selling microwave networking products that enable the secure and reliable transmission of data, voice and video. The company’s offerings address mission-critical communications needs for a broad range of end markets, including telecommunications service providers, utilities, government agencies and enterprises. Its product portfolio spans high-capacity packet microwave radios, IP transport systems and network management software.

Aviat’s core product lines include the WTM series of packet microwave platforms, which deliver scalable throughput and advanced resilience features, and the Eclipse packet microwave systems, which combine broadband capacity with synchronization, security and quality-of-service capabilities.