Quantbot Technologies LP Acquires New Stake in Calix, Inc $CALX

Quantbot Technologies LP bought a new position in shares of Calix, Inc (NYSE:CALX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 29,515 shares of the communications equipment provider’s stock, valued at approximately $1,102,000.

A number of other institutional investors have also recently added to or reduced their stakes in CALX. Royal Bank of Canada raised its stake in shares of Calix by 11.0% in the 1st quarter. Royal Bank of Canada now owns 28,022 shares of the communications equipment provider’s stock worth $993,000 after buying an additional 2,773 shares in the last quarter. AQR Capital Management LLC boosted its stake in Calix by 304.1% during the first quarter. AQR Capital Management LLC now owns 44,874 shares of the communications equipment provider’s stock valued at $1,538,000 after buying an additional 33,769 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Calix by 10.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 176,328 shares of the communications equipment provider’s stock valued at $6,249,000 after buying an additional 16,905 shares in the last quarter. Intech Investment Management LLC grew its holdings in Calix by 26.8% during the first quarter. Intech Investment Management LLC now owns 32,923 shares of the communications equipment provider’s stock worth $1,167,000 after acquiring an additional 6,962 shares during the period. Finally, Amundi grew its holdings in Calix by 16,478.0% during the second quarter. Amundi now owns 9,781 shares of the communications equipment provider’s stock worth $518,000 after acquiring an additional 9,722 shares during the period. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CALX has been the subject of a number of research analyst reports. Weiss Ratings raised shares of Calix from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. JPMorgan Chase & Co. lowered their price objective on shares of Calix from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Wall Street Zen downgraded shares of Calix from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Roth Capital restated a “buy” rating on shares of Calix in a report on Tuesday, July 21st. Finally, Zacks Research upgraded shares of Calix from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 18th. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $63.86.

Insider Transactions at Calix

In other news, Director Carl Russo sold 75,000 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $36.20, for a total value of $2,715,000.00. Following the completion of the sale, the director owned 1,569,188 shares in the company, valued at $56,804,605.60. This represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.44% of the stock is currently owned by company insiders.

Calix Price Performance

Shares of CALX opened at $39.88 on Wednesday. The company has a 50-day moving average of $38.09 and a two-hundred day moving average of $43.70. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 53.89 and a beta of 1.24. Calix, Inc has a one year low of $34.26 and a one year high of $71.22.

Calix (NYSE:CALX) last issued its quarterly earnings results on Monday, July 20th. The communications equipment provider reported $0.47 EPS for the quarter, beating the consensus estimate of $0.40 by $0.07. Calix had a net margin of 4.61% and a return on equity of 6.17%. The business had revenue of $293.33 million during the quarter, compared to the consensus estimate of $289.96 million. During the same quarter in the prior year, the firm earned $0.33 EPS. The firm’s quarterly revenue was up 21.3% on a year-over-year basis. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. Analysts anticipate that Calix, Inc will post 0.89 earnings per share for the current year.

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.