AWM Investment Company Inc. Boosts Stake in Aviat Networks, Inc. (NASDAQ:AVNW)

AWM Investment Company Inc. increased its holdings in Aviat Networks, Inc. (NASDAQ:AVNW) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 138,806 shares of the communications equipment provider’s stock after acquiring an additional 2,418 shares during the quarter. AWM Investment Company Inc. owned approximately 1.09% of Aviat Networks worth $2,514,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of AVNW. Squarepoint Ops LLC increased its holdings in Aviat Networks by 32.3% during the 4th quarter. Squarepoint Ops LLC now owns 75,080 shares of the communications equipment provider’s stock worth $1,360,000 after purchasing an additional 18,328 shares during the last quarter. Graham Capital Management L.P. acquired a new stake in shares of Aviat Networks during the fourth quarter worth approximately $214,000. D. E. Shaw & Co. Inc. bought a new stake in shares of Aviat Networks in the fourth quarter worth $1,870,000. Bridgeway Capital Management LLC acquired a new stake in Aviat Networks in the fourth quarter valued at $505,000. Finally, Bastion Asset Management Inc. acquired a new stake in Aviat Networks in the fourth quarter valued at $3,077,000. Institutional investors and hedge funds own 78.62% of the company’s stock.

Aviat Networks Trading Down 0.6%

Aviat Networks stock opened at $20.28 on Wednesday. Aviat Networks, Inc. has a 1 year low of $12.96 and a 1 year high of $31.74. The firm’s 50-day moving average is $18.66 and its 200-day moving average is $18.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.37 and a current ratio of 1.68. The company has a market cap of $257.39 million, a P/E ratio of -101.39 and a beta of 1.67.

Analyst Ratings Changes

Several research analysts have weighed in on AVNW shares. Northland Securities reissued an “outperform” rating and issued a $30.00 target price (up previously from $27.00) on shares of Aviat Networks in a research report on Wednesday, February 5th. StockNews.com raised Aviat Networks from a “sell” rating to a “hold” rating in a report on Wednesday, February 5th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Aviat Networks currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.60.

About Aviat Networks

Aviat Networks, Inc provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers, switches, and trunking; and private LTE, virtual fiber, and element management products; and hosted software products, such as aviat design, frequency assurance software, and health assurance software.