Dynamic Technology Lab Private Ltd Makes New Investment in Calix, Inc $CALX

Dynamic Technology Lab Private Ltd purchased a new stake in Calix, Inc (NYSE:CALX) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 10,891 shares of the communications equipment provider’s stock, valued at approximately $668,000.

Other institutional investors have also modified their holdings of the company. Clearstead Advisors LLC grew its stake in shares of Calix by 139.3% in the third quarter. Clearstead Advisors LLC now owns 438 shares of the communications equipment provider’s stock worth $27,000 after acquiring an additional 255 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Calix in the second quarter valued at $30,000. Whittier Trust Co. boosted its holdings in Calix by 541.0% in the third quarter. Whittier Trust Co. now owns 641 shares of the communications equipment provider’s stock valued at $38,000 after purchasing an additional 541 shares during the period. Covestor Ltd boosted its holdings in Calix by 125.4% in the third quarter. Covestor Ltd now owns 656 shares of the communications equipment provider’s stock valued at $40,000 after purchasing an additional 365 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in Calix by 27.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the communications equipment provider’s stock worth $64,000 after purchasing an additional 265 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Calix Price Performance

Calix stock opened at $50.96 on Tuesday. The stock has a market cap of $3.34 billion, a PE ratio of 203.83 and a beta of 1.49. The stock’s fifty day moving average is $53.15 and its two-hundred day moving average is $57.05. Calix, Inc has a 1-year low of $28.60 and a 1-year 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 (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.01. Calix had a return on equity of 2.31% and a net margin of 1.79%.The business had revenue of $272.40 million during the quarter, compared to analysts’ expectations of $267.36 million. During the same period in the prior year, the firm posted $0.08 EPS. The business’s quarterly revenue was up 32.2% compared to the same quarter last year. Calix has set its Q1 2026 guidance at 0.340-0.400 EPS. On average, research analysts expect that Calix, Inc will post -0.43 earnings per share for the current fiscal year.

Calix declared that its Board of Directors has approved a stock buyback 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 repurchase up to 3.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

Several equities research analysts have weighed in on CALX shares. Zacks Research upgraded Calix from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 28th. Needham & Company LLC decreased their price objective on Calix from $82.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. JPMorgan Chase & Co. raised Calix from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $75.00 to $90.00 in a research report on Thursday, January 15th. Rosenblatt Securities restated a “buy” rating and set a $85.00 target price on shares of Calix in a research note on Tuesday, January 27th. Finally, Craig Hallum set a $60.00 target price on shares of Calix in a report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $77.50.

Calix Company 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.