Aviat Networks, Inc. (NASDAQ:AVNW - Get Free Report) VP Erin Boase sold 5,634 shares of the business's stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $25.00, for a total value of $140,850.00. Following the transaction, the vice president owned 22,290 shares of the company's stock, valued at $557,250. This trade represents a 20.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Erin Boase also recently made the following trade(s):
- On Tuesday, July 1st, Erin Boase sold 200 shares of Aviat Networks stock. The shares were sold at an average price of $25.00, for a total value of $5,000.00.
- On Tuesday, June 24th, Erin Boase sold 4,767 shares of Aviat Networks stock. The shares were sold at an average price of $23.07, for a total value of $109,974.69.
Aviat Networks Price Performance
Shares of Aviat Networks stock traded down $0.53 during trading on Thursday, hitting $24.20. The stock had a trading volume of 73,622 shares, compared to its average volume of 153,421. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.62 and a quick ratio of 1.29. The firm has a market cap of $308.19 million, a P/E ratio of -121.00 and a beta of 1.58. The business has a fifty day moving average of $21.98 and a two-hundred day moving average of $20.20. Aviat Networks, Inc. has a fifty-two week low of $12.96 and a fifty-two week high of $31.74.
Institutional Trading of Aviat Networks
Several institutional investors have recently modified their holdings of the company. GAMMA Investing LLC raised its position in shares of Aviat Networks by 36.9% during the first quarter. GAMMA Investing LLC now owns 2,592 shares of the communications equipment provider's stock worth $50,000 after purchasing an additional 699 shares during the period. Comerica Bank raised its position in shares of Aviat Networks by 40.2% during the first quarter. Comerica Bank now owns 2,720 shares of the communications equipment provider's stock worth $52,000 after purchasing an additional 780 shares during the period. US Bancorp DE acquired a new stake in shares of Aviat Networks during the first quarter worth $82,000. Aquatic Capital Management LLC acquired a new stake in shares of Aviat Networks during the fourth quarter worth $106,000. Finally, AlphaQuest LLC acquired a new stake in shares of Aviat Networks during the fourth quarter worth $133,000. Institutional investors and hedge funds own 78.62% of the company's stock.
About Aviat Networks
(
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Aviat Networks, Inc provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers, switches, and trunking; and private LTE, virtual fiber, and element management products; and hosted software products, such as aviat design, frequency assurance software, and health assurance software.
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