Calix, Inc. (NYSE:CALX) Shares Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd lifted its position in Calix, Inc. (NYSE:CALX - Free Report) by 30.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,569 shares of the communications equipment provider's stock after buying an additional 8,348 shares during the period. WINTON GROUP Ltd owned approximately 0.05% of Calix worth $1,240,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Calix by 5.5% in the fourth quarter. Vanguard Group Inc. now owns 7,977,769 shares of the communications equipment provider's stock worth $278,185,000 after purchasing an additional 412,982 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Calix by 2,741.6% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 266,197 shares of the communications equipment provider's stock worth $9,282,000 after purchasing an additional 256,829 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in Calix by 200.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 344,514 shares of the communications equipment provider's stock worth $13,364,000 after buying an additional 229,871 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in Calix by 34.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 410,463 shares of the communications equipment provider's stock worth $15,921,000 after buying an additional 105,969 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new position in Calix during the 3rd quarter valued at about $3,513,000. Institutional investors own 98.14% of the company's stock.

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Insider Activity at Calix

In other news, Director Carl Russo sold 25,000 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The shares were 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 of the company's stock, valued at $82,563,772.20. This trade 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 company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Calix from $38.00 to $45.00 and gave the company a "neutral" rating in a research report on Friday, January 31st. Needham & Company LLC reaffirmed a "buy" rating and issued a $45.00 price target on shares of Calix in a report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $43.17.

Calix Trading Up 0.2 %

Shares of CALX stock traded up $0.08 during trading hours on Tuesday, hitting $35.52. The company's stock had a trading volume of 42,463 shares, compared to its average volume of 662,520. The stock has a market cap of $2.37 billion, a PE ratio of -79.04 and a beta of 1.78. Calix, Inc. has a 12-month low of $26.76 and a 12-month high of $42.50. The company has a 50 day moving average of $37.26 and a 200 day moving average of $36.30.

Calix (NYSE:CALX - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The communications equipment provider reported ($0.24) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.31). Calix had a negative net margin of 3.58% and a negative return on equity of 3.43%. As a group, analysts anticipate that Calix, Inc. will post -0.43 earnings per share for the current fiscal year.

Calix Company Profile

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.