9,296 Shares in Calix, Inc $CALX Acquired by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new stake in Calix, Inc (NYSE:CALX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 9,296 shares of the communications equipment provider’s stock, valued at approximately $570,000. Calix accounts for about 0.7% of Semanteon Capital Management LP’s portfolio, making the stock its 19th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC raised its holdings in Calix by 12.9% during the third quarter. CWM LLC now owns 1,507 shares of the communications equipment provider’s stock worth $92,000 after buying an additional 172 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Calix by 12.9% in the third quarter. GAMMA Investing LLC now owns 1,662 shares of the communications equipment provider’s stock valued at $102,000 after purchasing an additional 190 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Calix by 4.7% in the third quarter. Nisa Investment Advisors LLC now owns 4,194 shares of the communications equipment provider’s stock valued at $257,000 after purchasing an additional 190 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of Calix by 1.5% during the third quarter. Oregon Public Employees Retirement Fund now owns 13,400 shares of the communications equipment provider’s stock valued at $822,000 after purchasing an additional 200 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Calix by 27.0% during the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the communications equipment provider’s stock worth $64,000 after purchasing an additional 265 shares during the last quarter. Institutional investors own 98.14% of the company’s stock.

Calix Stock Up 1.6%

Shares of NYSE CALX opened at $55.74 on Friday. The stock’s 50-day simple moving average is $53.60 and its two-hundred day simple moving average is $57.42. The firm has a market capitalization of $3.69 billion, a P/E ratio of 222.96 and a beta of 1.56. Calix, Inc has a twelve month low of $28.60 and a twelve month high of $71.22.

Calix (NYSE:CALX) last announced its earnings results on Wednesday, January 28th. The communications equipment provider reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. Calix had a net margin of 1.79% and a return on equity of 2.31%. The business had revenue of $272.40 million during the quarter, compared to analyst estimates of $267.36 million. During the same period in the previous year, the business posted $0.08 earnings per share. Calix’s revenue for the quarter was up 32.2% on a year-over-year basis. Calix has set its Q1 2026 guidance at 0.340-0.400 EPS. As a group, research analysts anticipate that Calix, Inc will post -0.43 EPS for the current fiscal year.

Calix announced that its board has approved a share buyback plan on Wednesday, January 28th that permits the company to buyback $125.00 million in shares. This buyback authorization permits the communications equipment provider to repurchase up to 3.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

CALX has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised Calix from a “neutral” rating to an “overweight” rating and upped their target price for the company from $75.00 to $90.00 in a report on Thursday, January 15th. Zacks Research raised shares of Calix from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. Roth Mkm set a $85.00 price objective on Calix and gave the company a “buy” rating in a research note on Thursday, October 30th. 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 report on Thursday, January 29th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $85.00 target price on shares of Calix in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $77.50.

About Calix

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.