Divisar Capital Management LLC Has $14.98 Million Stock Holdings in Calix, Inc $CALX

Divisar Capital Management LLC reduced its stake in shares of Calix, Inc (NYSE:CALX) by 30.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 244,088 shares of the communications equipment provider’s stock after selling 107,357 shares during the period. Calix makes up approximately 4.1% of Divisar Capital Management LLC’s holdings, making the stock its 13th biggest holding. Divisar Capital Management LLC owned 0.37% of Calix worth $14,980,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada increased its position in shares of Calix by 11.0% during the first quarter. Royal Bank of Canada now owns 28,022 shares of the communications equipment provider’s stock worth $993,000 after acquiring an additional 2,773 shares in the last quarter. AQR Capital Management LLC lifted its position in Calix by 304.1% in the 1st quarter. AQR Capital Management LLC now owns 44,874 shares of the communications equipment provider’s stock valued at $1,538,000 after acquiring an additional 33,769 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Calix by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 176,328 shares of the communications equipment provider’s stock worth $6,249,000 after purchasing an additional 16,905 shares during the period. Intech Investment Management LLC boosted its stake in Calix by 26.8% in the 1st quarter. Intech Investment Management LLC now owns 32,923 shares of the communications equipment provider’s stock worth $1,167,000 after purchasing an additional 6,962 shares during the period. Finally, Boston Partners bought a new position in Calix during the 2nd quarter worth about $396,000. Institutional investors own 98.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CALX. Rosenblatt Securities reaffirmed a “buy” rating and set a $85.00 price objective on shares of Calix in a research report on Tuesday, January 27th. Weiss Ratings raised Calix from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Monday, February 23rd. Needham & Company LLC reduced their price target on Calix from $82.00 to $70.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Zacks Research raised shares of Calix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 28th. Finally, Craig Hallum set a $60.00 price objective on shares of Calix in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Calix has an average rating of “Moderate Buy” and a consensus price target of $77.50.

Calix Stock Performance

NYSE:CALX opened at $50.56 on Monday. Calix, Inc has a 52-week low of $29.50 and a 52-week high of $71.22. The company has a market cap of $3.32 billion, a P/E ratio of 202.24 and a beta of 1.49. The stock’s 50-day simple moving average is $52.94 and its 200 day simple moving average is $56.81.

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

Calix announced that its board has initiated a stock buyback program on Wednesday, January 28th that permits the company to buyback $125.00 million in outstanding shares. This buyback authorization permits the communications equipment provider to repurchase up to 3.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Calix Company 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.