Renaissance Technologies LLC boosted its position in Calix, Inc (NYSE:CALX) by 1.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 2,411,600 shares of the communications equipment provider’s stock after buying an additional 43,400 shares during the period. Renaissance Technologies LLC owned 4.86% of Calix worth $17,484,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of CALX. Vanguard Group Inc. boosted its stake in shares of Calix by 3.2% in the first quarter. Vanguard Group Inc. now owns 3,343,182 shares of the communications equipment provider’s stock worth $24,238,000 after buying an additional 103,026 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Calix by 2.9% in the first quarter. Dimensional Fund Advisors LP now owns 3,126,799 shares of the communications equipment provider’s stock worth $22,669,000 after buying an additional 88,273 shares during the last quarter. State Street Corp boosted its stake in shares of Calix by 7.4% in the fourth quarter. State Street Corp now owns 731,006 shares of the communications equipment provider’s stock worth $5,627,000 after buying an additional 50,382 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Calix by 27.7% in the first quarter. Bank of New York Mellon Corp now owns 610,268 shares of the communications equipment provider’s stock worth $4,424,000 after buying an additional 132,305 shares in the last quarter. Finally, Horrell Capital Management Inc. boosted its stake in Calix by 5.3% in the first quarter. Horrell Capital Management Inc. now owns 567,055 shares of the communications equipment provider’s stock worth $4,111,000 after buying an additional 28,555 shares in the last quarter. 65.06% of the stock is currently owned by institutional investors and hedge funds.

Calix, Inc (NYSE:CALX) traded down 2.19% during midday trading on Friday, reaching $6.70. 140,289 shares of the company were exchanged. Calix, Inc has a 52-week low of $6.15 and a 52-week high of $8.20. The company has a 50 day moving average of $6.89 and a 200-day moving average of $6.89. The company’s market capitalization is $334.16 million.

Calix (NYSE:CALX) last announced its quarterly earnings data on Tuesday, May 9th. The communications equipment provider reported ($0.64) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.59) by $0.05. Calix had a negative return on equity of 22.23% and a negative net margin of 10.46%. The business had revenue of $117.50 million for the quarter, compared to analyst estimates of $112.17 million. During the same period in the prior year, the company earned ($0.09) EPS. The company’s revenue was up 19.4% on a year-over-year basis. On average, equities research analysts anticipate that Calix, Inc will post ($0.36) earnings per share for the current fiscal year.

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CALX has been the topic of a number of research analyst reports. BidaskClub cut shares of Calix from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. ValuEngine raised shares of Calix from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Finally, Zacks Investment Research raised shares of Calix from a “sell” rating to a “hold” rating in a research note on Tuesday, April 18th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Calix currently has a consensus rating of “Hold” and an average target price of $7.00.

About Calix

Calix, Inc provides broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks.

Institutional Ownership by Quarter for Calix (NYSE:CALX)

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