Erin Boase Sells 1,347 Shares of Aviat Networks (NASDAQ:AVNW) Stock

Aviat Networks, Inc. (NASDAQ:AVNW) VP Erin Boase sold 1,347 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $19.69, for a total transaction of $26,522.43. Following the transaction, the vice president directly owned 28,275 shares of the company’s stock, valued at $556,734.75. The trade was a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Aviat Networks Stock Up 3.2%

Shares of Aviat Networks stock opened at $19.25 on Thursday. Aviat Networks, Inc. has a twelve month low of $13.92 and a twelve month high of $27.02. The company has a quick ratio of 1.66, a current ratio of 1.97 and a debt-to-equity ratio of 0.33. The company’s 50 day moving average is $20.88 and its 200 day moving average is $21.19. The company has a market cap of $246.40 million, a price-to-earnings ratio of 101.32 and a beta of 0.70.

Aviat Networks (NASDAQ:AVNW) last posted its earnings results on Thursday, August 27th. The communications equipment provider reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.09. The business had revenue of $120.89 million during the quarter, compared to the consensus estimate of $110.12 million. Aviat Networks had a net margin of 0.58% and a return on equity of 5.85%. Research analysts anticipate that Aviat Networks, Inc. will post 2.24 EPS for the current year.

Key Aviat Networks News

Here are the key news stories impacting Aviat Networks this week:

• Positive Sentiment: Revenue and earnings beat estimates: Fiscal Q4 revenue rose 4.8% year over year to $120.9 million, well above the $110.1 million consensus estimate. Adjusted EPS of $0.64 also exceeded expectations of $0.55.
• Positive Sentiment: Backlog supports future growth: Backlog increased 14% to $367 million, providing visibility as Aviat expands private wireless networks and multi-dwelling-unit opportunities. Strong North American demand is helping offset timing-related weakness in international revenue. Aviat Networks private networks and margins
• Positive Sentiment: Analyst outlook remains favorable: Northland Securities reiterated an “Outperform” rating and a $30 price target. Although it lowered its FY2027 EPS forecast to $2.29 from $2.39, the target implies substantial upside from recent trading levels. Other analysts maintain Buy or Outperform ratings, with reported targets ranging from $25 to $36.
• Neutral Sentiment: Profitability remains a concern: Component-cost pressures contributed to lower non-GAAP earnings, while Aviat’s reported net margin was just 0.58%. The private-networks strategy could drive growth, but execution and margin improvement are important given the stock’s elevated valuation.
• Negative Sentiment: Insider selling weighs on sentiment: CEO Pete Smith sold 14,264 shares for about $280,858, while VP Erin Boase and SVP Gary Croke also sold shares. No insider purchases were reported in the period, creating a potentially cautionary signal despite the executives retaining significant holdings. Aviat Networks insider sales

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AVNW shares. Roth Capital reiterated a “buy” rating and set a $38.00 price objective (up from $34.00) on shares of Aviat Networks in a research report on Friday, August 28th. Craig Hallum initiated coverage on Aviat Networks in a research note on Tuesday, June 30th. They set a “buy” rating and a $36.00 price target for the company. Rafferty Capital Markets began coverage on shares of Aviat Networks in a research report on Tuesday, June 30th. They set a “buy” rating and a $36.00 price target for the company. Northland Securities upped their price target on shares of Aviat Networks from $25.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Finally, B Riley reiterated a “buy” rating on shares of Aviat Networks in a research note on Friday, August 28th. Nine analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $32.71.

Hedge Funds Weigh In On Aviat Networks

A number of institutional investors have recently bought and sold shares of the stock. Quarry LP bought a new position in shares of Aviat Networks in the third quarter worth about $27,000. Raymond James Financial Inc. bought a new position in shares of Aviat Networks during the 2nd quarter valued at approximately $28,000. Potomac Capital Management Inc. purchased a new stake in Aviat Networks in the 4th quarter worth approximately $43,000. Comerica Bank increased its holdings in Aviat Networks by 40.2% in the 1st quarter. Comerica Bank now owns 2,720 shares of the communications equipment provider’s stock worth $52,000 after acquiring an additional 780 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of Aviat Networks by 96.5% in the third quarter. BNP Paribas Financial Markets now owns 2,281 shares of the communications equipment provider’s stock worth $52,000 after purchasing an additional 1,120 shares in the last quarter. 78.62% of the stock is owned by institutional investors.

About Aviat Networks

Aviat Networks, Inc is a specialist in wireless transport solutions, designing, manufacturing and selling microwave networking products that enable the secure and reliable transmission of data, voice and video. The company’s offerings address mission-critical communications needs for a broad range of end markets, including telecommunications service providers, utilities, government agencies and enterprises. Its product portfolio spans high-capacity packet microwave radios, IP transport systems and network management software.

Aviat’s core product lines include the WTM series of packet microwave platforms, which deliver scalable throughput and advanced resilience features, and the Eclipse packet microwave systems, which combine broadband capacity with synchronization, security and quality-of-service capabilities.