Hillsdale Investment Management Inc. Raises Holdings in Harmonic Inc. $HLIT

Hillsdale Investment Management Inc. lifted its holdings in Harmonic Inc. (NASDAQ:HLIT) by 18.8% during the third quarter, Holdings Channel reports. The institutional investor owned 681,300 shares of the communications equipment provider’s stock after purchasing an additional 107,700 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Harmonic were worth $6,936,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Marshall Wace LLP lifted its holdings in Harmonic by 112.8% in the second quarter. Marshall Wace LLP now owns 1,925,149 shares of the communications equipment provider’s stock valued at $18,231,000 after acquiring an additional 1,020,431 shares during the period. Lazard Asset Management LLC increased its holdings in shares of Harmonic by 249.1% in the 2nd quarter. Lazard Asset Management LLC now owns 718,996 shares of the communications equipment provider’s stock valued at $6,808,000 after purchasing an additional 513,022 shares in the last quarter. Ellsworth Advisors LLC acquired a new stake in shares of Harmonic in the third quarter valued at about $5,104,000. First Eagle Investment Management LLC boosted its holdings in Harmonic by 152.8% during the second quarter. First Eagle Investment Management LLC now owns 661,376 shares of the communications equipment provider’s stock worth $6,263,000 after buying an additional 399,800 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in Harmonic by 37.1% during the second quarter. Qube Research & Technologies Ltd now owns 1,371,746 shares of the communications equipment provider’s stock worth $12,990,000 after buying an additional 371,302 shares in the last quarter. Institutional investors and hedge funds own 99.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on HLIT. Needham & Company LLC lifted their price target on shares of Harmonic from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Friday. Rosenblatt Securities raised their price objective on Harmonic from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Friday. Northland Securities set a $14.00 price objective on Harmonic in a report on Friday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Harmonic in a research report on Thursday, January 22nd. Finally, Barclays raised their price target on Harmonic from $8.00 to $11.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $14.50.

Harmonic News Roundup

Here are the key news stories impacting Harmonic this week:

• Positive Sentiment: izzi (largest MSO in Mexico) selected Harmonic’s cOS virtualized broadband platform for its fiber expansion — a tangible commercial win that validates Harmonic’s broadband push and supports future recurring bookings. izzi Accelerates Strategic Fiber Broadband Expansion with Harmonic
• Positive Sentiment: Analysts raised price targets and kept buy ratings — Rosenblatt lifted its target to $16 and Needham to $17, signaling strong upside expectations versus the current price and likely contributing to buying interest. Benzinga coverage of analyst updates
• Positive Sentiment: Company said Q4 record broadband bookings drove a 3.5 book-to-bill and confirmed the previously announced sale of its Video business is proceeding — supports management’s strategic refocus on broadband. Harmonic Announces Fourth Quarter and Fiscal 2025 Results
• Neutral Sentiment: Q4 earnings call transcripts and slide deck were released for investors looking for detail on margins, bookings and the Video sale timeline. Useful for deeper diligence but not new headline catalysts by themselves. Q4 results – presentation
• Neutral Sentiment: Data feeds show anomalous short-interest entries reporting zero shares/NaN — appears to be a reporting artifact and not an actionable signal. (Not a driver of today’s move.)
• Negative Sentiment: Top-line weakness: reported Q4 revenue (~$98.2M) missed consensus (~$141M) and was down ~42.6% YoY; company’s FY2026 and Q1 EPS guidance was raised but revenue guidance ($440M–$480M FY, $100M–$105M Q1) came in well below Street estimates — this mix raises near-term growth concerns. Harmonic Q4 Earnings and Revenues Lag Estimates

Insider Activity

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

Harmonic Stock Up 1.6%

HLIT opened at $10.90 on Friday. The firm has a market cap of $1.22 billion, a P/E ratio of -27.95 and a beta of 1.05. The business’s fifty day simple moving average is $10.12 and its 200 day simple moving average is $9.95. Harmonic Inc. has a 52 week low of $7.80 and a 52 week high of $12.18. The company has a quick ratio of 1.64, a current ratio of 2.08 and a debt-to-equity ratio of 0.27.

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.