Calix, Inc $CALX Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its stake in Calix, Inc (NYSE:CALX) by 181.7% in the third quarter, HoldingsChannel reports. The firm owned 20,176 shares of the communications equipment provider’s stock after acquiring an additional 13,014 shares during the quarter. GSA Capital Partners LLP’s holdings in Calix were worth $1,238,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Calix during the 3rd quarter worth about $1,528,000. Inspire Advisors LLC purchased a new position in Calix in the third quarter valued at approximately $2,844,000. Federated Hermes Inc. acquired a new stake in Calix during the third quarter worth approximately $7,090,000. Axecap Investments LLC purchased a new stake in shares of Calix during the 3rd quarter worth approximately $1,707,000. Finally, Prudential Financial Inc. boosted its holdings in shares of Calix by 211.3% in the 2nd quarter. Prudential Financial Inc. now owns 180,693 shares of the communications equipment provider’s stock valued at $9,611,000 after buying an additional 122,649 shares in the last quarter. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CALX. Rosenblatt Securities reiterated a “buy” rating and set a $85.00 price target on shares of Calix in a research note on Tuesday, January 27th. UBS Group reiterated an “outperform” rating and set a $75.00 target price on shares of Calix in a research report on Friday, October 31st. Zacks Research raised Calix from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. Weiss Ratings restated a “sell (d-)” rating on shares of Calix in a research note on Monday, December 29th. Finally, Needham & Company LLC reduced their price objective on Calix from $82.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $77.50.

Calix Trading Up 0.7%

NYSE:CALX opened at $52.67 on Thursday. Calix, Inc has a 12-month low of $28.60 and a 12-month high of $71.22. The stock’s 50 day simple moving average is $53.58 and its 200-day simple moving average is $57.44. The firm has a market cap of $3.49 billion, a P/E ratio of 210.67 and a beta of 1.56.

Calix (NYSE:CALX) last posted its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 1.79% and a return on equity of 2.31%. Calix’s quarterly revenue was up 32.2% on a year-over-year basis. During the same period last year, the firm posted $0.08 EPS. Calix has set its Q1 2026 guidance at 0.340-0.400 EPS. Research analysts forecast that Calix, Inc will post -0.43 EPS for the current fiscal year.

Calix announced that its Board of Directors has authorized a share buyback plan on Wednesday, January 28th that allows the company to repurchase $125.00 million in outstanding shares. This repurchase authorization allows the communications equipment provider to reacquire up to 3.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

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.