Resona Asset Management Co. Ltd. Acquires Shares of 10,856 Calix, Inc $CALX

Resona Asset Management Co. Ltd. bought a new stake in Calix, Inc (NYSE:CALX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,856 shares of the communications equipment provider’s stock, valued at approximately $666,000.

Several other institutional investors have also recently made changes to their positions in CALX. Congress Asset Management Co. grew its holdings in Calix by 3.2% during the 3rd quarter. Congress Asset Management Co. now owns 1,463,202 shares of the communications equipment provider’s stock valued at $89,797,000 after purchasing an additional 45,258 shares during the last quarter. Artisan Partners Limited Partnership grew its stake in shares of Calix by 14.5% during the second quarter. Artisan Partners Limited Partnership now owns 1,204,683 shares of the communications equipment provider’s stock valued at $64,077,000 after buying an additional 152,469 shares during the last quarter. Gilder Gagnon Howe & Co. LLC raised its holdings in shares of Calix by 14.7% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 913,698 shares of the communications equipment provider’s stock worth $48,600,000 after buying an additional 117,239 shares during the period. Harvey Partners LLC raised its holdings in shares of Calix by 0.6% in the second quarter. Harvey Partners LLC now owns 524,177 shares of the communications equipment provider’s stock worth $27,881,000 after buying an additional 3,177 shares during the period. Finally, Loomis Sayles & Co. L P bought a new stake in shares of Calix during the 2nd quarter worth approximately $21,682,000. Institutional investors own 98.14% of the company’s stock.

Key Calix News

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Q4 results beat consensus and management gave stronger Q1 guidance — Calix reported quarterly revenue up ~32% YoY and EPS that beat estimates; management guided Q1 EPS above Street expectations and lifted revenue guidance, which supports near-term growth expectations. Calix, Inc. (CALX) Q4 2025 Earnings Call Transcript
• Positive Sentiment: Board approved a $125 million buyback (~3.4% of shares) — a sizable repurchase program signals management believes the shares are undervalued and can provide support to the stock over time. RTT News
• Positive Sentiment: Analyst sentiment is constructive — several firms (including Rosenblatt and others) are maintaining buy/overweight ratings and high price targets, and some coverage points to double?digit to multi?dozen percent upside versus current levels. This analyst optimism can fuel buying if estimates continue to move up. Wall Street Analysts Believe Calix (CALX) Could Rally 54.83%
• Neutral Sentiment: Institutional activity shows mixed but meaningful repositioning — several large funds added material positions in recent quarters, which can amplify intraday moves as managers rebalance. QuiverQuant CALX coverage
• Negative Sentiment: Profitability and valuation concerns remain — despite top?line growth and an EPS beat, some operating and net?income metrics showed weakness year?over?year in the detailed release, and CALX trades at a high trailing multiple, leaving the stock sensitive to margin/earnings execution. QuiverQuant CALX coverage
• Negative Sentiment: Technical and liquidity pressure — the stock traded at multi?times its average volume today and remains below its 50? and 200?day moving averages, which can accelerate downward moves as short?term traders and algorithms react. MarketBeat CALX quote

Insider Activity

In other news, CFO Cory Sindelar sold 50,000 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $65.30, for a total transaction of $3,265,000.00. Following the transaction, the chief financial officer directly owned 76,555 shares in the company, valued at approximately $4,999,041.50. This trade represents a 39.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shane Todd Marshall Eleniak sold 50,000 shares of Calix stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $65.34, for a total transaction of $3,267,000.00. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 520,000 shares of company stock worth $33,449,800. Corporate insiders own 16.90% of the company’s stock.

Calix Trading Down 11.9%

Shares of Calix stock opened at $46.65 on Friday. The stock’s fifty day moving average price is $54.55 and its 200-day moving average price is $57.71. The firm has a market cap of $3.09 billion, a P/E ratio of 186.60 and a beta of 1.55. Calix, Inc has a 12 month low of $28.60 and a 12 month high of $71.22.

Calix (NYSE:CALX) last released its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The company had revenue of $272.40 million during the quarter, compared to analyst estimates of $267.36 million. Calix had a net margin of 1.79% and a return on equity of 2.36%. The firm’s revenue for the quarter was up 32.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.08 earnings per share. Calix has set its Q1 2026 guidance at 0.340-0.400 EPS. Analysts forecast that Calix, Inc will post -0.43 earnings per share for the current year.

Calix declared that its board has initiated a stock repurchase plan on Wednesday, January 28th that authorizes the company to repurchase $125.00 million in outstanding shares. This repurchase authorization authorizes the communications equipment provider to buy up to 3.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several brokerages have commented on CALX. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Calix in a research report on Monday, December 29th. Zacks Research lowered shares of Calix from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. JPMorgan Chase & Co. raised shares of Calix from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $75.00 to $90.00 in a research note on Thursday, January 15th. Roth Mkm set a $85.00 price objective on shares of Calix and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, UBS Group restated an “outperform” rating and issued a $75.00 target price on shares of Calix in a research note on Friday, October 31st. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Calix presently has an average rating of “Moderate Buy” and a consensus target price of $82.00.

Calix 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.