Huntleigh Advisors Inc. Purchases 561 Shares of Calix, Inc $CALX

Huntleigh Advisors Inc. boosted its position in Calix, Inc (NYSE:CALX) by 5.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,383 shares of the communications equipment provider’s stock after purchasing an additional 561 shares during the quarter. Huntleigh Advisors Inc.’s holdings in Calix were worth $552,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CALX. Meeder Asset Management Inc. bought a new position in Calix in the first quarter worth $28,000. Signaturefd LLC raised its holdings in Calix by 91.1% in the first quarter. Signaturefd LLC now owns 1,007 shares of the communications equipment provider’s stock worth $36,000 after purchasing an additional 480 shares in the last quarter. Quarry LP raised its holdings in Calix by 1,704.0% in the first quarter. Quarry LP now owns 1,353 shares of the communications equipment provider’s stock worth $48,000 after purchasing an additional 1,278 shares in the last quarter. CWM LLC raised its holdings in Calix by 112.6% in the second quarter. CWM LLC now owns 1,335 shares of the communications equipment provider’s stock worth $71,000 after purchasing an additional 707 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in Calix by 119.7% in the second quarter. GAMMA Investing LLC now owns 1,472 shares of the communications equipment provider’s stock worth $78,000 after purchasing an additional 802 shares in the last quarter. Institutional investors own 98.14% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Zacks Research cut Calix from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. Roth Capital increased their target price on Calix from $60.00 to $69.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Rosenblatt Securities increased their target price on Calix from $56.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Weiss Ratings reissued a “sell (d)” rating on shares of Calix in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised Calix from a “hold” rating to a “strong-buy” rating in a research note on Saturday, July 26th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $64.00.

Calix Price Performance

Calix stock opened at $59.37 on Friday. Calix, Inc has a one year low of $28.60 and a one year high of $64.30. The stock has a market capitalization of $3.88 billion, a PE ratio of -148.41 and a beta of 1.32. The business’s fifty day moving average is $60.04 and its 200 day moving average is $51.04.

Calix (NYSE:CALX) last released its quarterly earnings data on Monday, July 21st. The communications equipment provider reported $0.33 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.41. Calix had a negative return on equity of 3.21% and a negative net margin of 3.09%.The company had revenue of $241.90 million for the quarter, compared to analysts’ expectations of $223.81 million. During the same period last year, the firm posted $0.09 earnings per share. Calix’s revenue was up 22.1% compared to the same quarter last year. Calix has set its Q3 2025 guidance at 0.310-0.371 EPS. As a group, sell-side analysts expect that Calix, Inc will post -0.43 EPS for the current fiscal year.

Insider Activity

In other Calix news, Director Carl Russo sold 25,000 shares of the firm’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $55.40, for a total value of $1,385,000.00. Following the transaction, the director directly owned 2,114,188 shares of the company’s stock, valued at approximately $117,126,015.20. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Cory Sindelar sold 10,000 shares of the firm’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $60.00, for a total value of $600,000.00. Following the completion of the transaction, the chief financial officer directly owned 76,555 shares in the company, valued at $4,593,300. The trade was a 11.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 45,000 shares of company stock worth $2,545,000 over the last three months. Insiders own 16.90% of the company’s stock.

About Calix

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.