Dynamic Technology Lab Private Ltd Acquires 22,063 Shares of Calix, Inc $CALX

Dynamic Technology Lab Private Ltd lifted its holdings in shares of Calix, Inc (NYSE:CALX) by 202.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,954 shares of the communications equipment provider’s stock after acquiring an additional 22,063 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Calix were worth $1,744,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Clearstead Advisors LLC increased its position in shares of Calix by 139.3% during the third quarter. Clearstead Advisors LLC now owns 438 shares of the communications equipment provider’s stock worth $27,000 after acquiring an additional 255 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Calix by 63.0% during the fourth quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock worth $29,000 after acquiring an additional 213 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Calix during the second quarter worth about $30,000. Smartleaf Asset Management LLC increased its position in shares of 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 acquiring an additional 265 shares in the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of Calix during the third quarter worth about $64,000. 98.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on CALX. Needham & Company LLC decreased their target price on shares of Calix from $70.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. JPMorgan Chase & Co. reduced their price objective on shares of Calix from $70.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Northland Securities downgraded shares of Calix from an “outperform” rating to a “market perform” rating and set a $52.00 price objective for the company. in a research report on Wednesday, April 22nd. Zacks Research raised shares of Calix from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Finally, Roth Mkm reaffirmed a “buy” rating on shares of Calix in a research report on Thursday, April 23rd. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $67.00.

Calix Trading Down 0.2%

Shares of CALX stock opened at $38.49 on Friday. The stock has a market capitalization of $2.45 billion, a P/E ratio of 80.18 and a beta of 1.23. The firm’s 50 day moving average is $42.92 and its 200 day moving average is $49.57. Calix, Inc has a 12 month low of $35.87 and a 12 month high of $71.22.

Calix (NYSE:CALX) last announced its quarterly earnings results on Tuesday, April 21st. The communications equipment provider reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. The company had revenue of $279.98 million for the quarter, compared to analysts’ expectations of $277.50 million. Calix had a net margin of 3.20% and a return on equity of 4.30%. Calix’s revenue was up 27.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.19 EPS. Calix has set its Q2 2026 guidance at 0.350-0.450 EPS. On average, equities analysts predict that Calix, Inc will post 0.85 EPS for the current year.

Calix announced that its Board of Directors has approved a share buyback plan on Tuesday, April 21st that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the communications equipment provider to purchase up to 3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Key Headlines Impacting Calix

Here are the key news stories impacting Calix this week:

• Negative Sentiment: Multiple law firms announced or reiterated securities fraud/class action claims against Calix, with deadlines for investors to seek lead-plaintiff status. The allegations focus on the period from January 28, 2026 through April 21, 2026 and could imply compensation costs, legal expenses, and management distraction if the case progresses. Article: Calix, Inc. (CALX) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
• Negative Sentiment: Additional alerts from several firms, including The Gross Law Firm, Bragar Eagel & Squire, Faruqi & Faruqi, Rosen, Pomerantz, and others, reinforce that the lawsuit is active and broadening investor attention on the alleged securities-law violations. Article: CALX Shareholder Alert: Calix, Inc. Securities Class Action Lawsuit – Investors With Losses May Contact The Gross Law Firm
• Neutral Sentiment: Brokerage commentary cited an average “Moderate Buy” rating for Calix, which may provide some support to the longer-term outlook, but it is being overshadowed by the legal headlines. Article: Calix, Inc (NYSE:CALX) Receives Average Recommendation of “Moderate Buy” from Brokerages

Insider Activity at Calix

In related news, Director Carl Russo sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $43.26, for a total transaction of $1,081,500.00. Following the sale, the director directly owned 1,644,188 shares in the company, valued at approximately $71,127,572.88. This represents a 1.50% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 17.44% of the company’s stock.

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.