Calix, Inc $CALX Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. lifted its stake in Calix, Inc (NYSE:CALX) by 15.4% in the 1st quarter, Holdings Channel reports. The firm owned 395,333 shares of the communications equipment provider’s stock after purchasing an additional 52,685 shares during the quarter. Principal Financial Group Inc.’s holdings in Calix were worth $19,367,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its position in Calix by 63.0% during the fourth quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock worth $29,000 after buying an additional 213 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Calix during the 2nd quarter valued at approximately $30,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Calix by 24,733.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 745 shares of the communications equipment provider’s stock worth $39,000 after acquiring an additional 742 shares in the last quarter. Strive Financial Group LLC purchased a new stake in shares of Calix during the 4th quarter worth approximately $40,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of Calix in the 3rd quarter worth approximately $64,000. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Insider Buying and Selling at Calix

In other news, Director Carl Russo sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $43.26, for a total value of $1,081,500.00. Following the completion of the transaction, the director owned 1,644,188 shares of the company’s stock, valued at $71,127,572.88. The trade was a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.44% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CALX has been the subject of several research analyst reports. Rosenblatt Securities dropped their price objective on Calix from $70.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday. Northland Securities upgraded Calix from a “market perform” rating to an “outperform” rating and set a $52.00 target price on the stock in a research report on Tuesday. Weiss Ratings lowered Calix from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. dropped their price target on Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Roth Capital reaffirmed a “buy” rating on shares of Calix in a research note on Tuesday. Seven research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Calix has an average rating of “Moderate Buy” and an average target price of $63.86.

Key Headlines Impacting Calix

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Calix reported strong Q2 results, beating estimates with revenue of $293.3 million and EPS of $0.47, supported by record software gains and growth in recurring services. Analysts at JPMorgan and Northland also maintained bullish views, even as they trimmed price targets. Calix Inc (CALX) Q2 2026 Earnings Call Highlights: Record Revenue and Strategic Growth Amid …
• Neutral Sentiment: The company’s AI-broadband strategy and broader push into software and recurring revenue remain a long-term growth story, but investors are still weighing execution and margin pressure. Calix AI Broadband Strategy Shows Where Fiber Networks Are Heading
• Neutral Sentiment: Multiple law firms issued deadline reminders about an already filed securities class action, with the lead plaintiff deadline set for July 27, 2026. These notices do not change fundamentals, but they can keep sentiment fragile until the case progresses. CALX DEADLINE ALERT: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Calix, Inc. Investors to Secure Counsel Before Important July 27 Deadline in Securities Class Action – CALX
• Neutral Sentiment: Calix also faced mixed analyst commentary, including a JPMorgan price-target cut and a Zacks downgrade, although both still highlighted meaningful upside from current levels. Analyst rating and price target updates
• Negative Sentiment: The biggest near-term concern is margin compression: management warned that rising memory costs tied to AI demand are pressuring gross margins in Q3, overshadowing the strong revenue beat and helping drive the stock lower. Calix Slides as Margin Outlook Overshadows Record Q2 Results

Calix Stock Down 4.1%

NYSE CALX opened at $35.92 on Thursday. Calix, Inc has a fifty-two week low of $34.26 and a fifty-two week high of $71.22. The business has a fifty day moving average of $38.45 and a 200-day moving average of $46.25. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 48.55 and a beta of 1.23.

Calix (NYSE:CALX) last posted its quarterly earnings data on Monday, July 20th. The communications equipment provider reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. Calix had a return on equity of 6.17% and a net margin of 4.61%.The firm had revenue of $293.33 million during the quarter, compared to analysts’ expectations of $289.96 million. During the same quarter last year, the business posted $0.33 EPS. The firm’s quarterly revenue was up 21.3% compared to the same quarter last year. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. As a group, analysts anticipate that Calix, Inc will post 0.83 EPS for the current year.

Calix declared that its Board of Directors has authorized a share repurchase program on Tuesday, April 21st that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the communications equipment provider to buy up to 3% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

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.