Aviat Networks, Inc. (NASDAQ:AVNW) Position Increased by Acuitas Investments LLC

Acuitas Investments LLC increased its holdings in shares of Aviat Networks, Inc. (NASDAQ:AVNW - Free Report) by 125.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,677 shares of the communications equipment provider's stock after purchasing an additional 17,604 shares during the period. Acuitas Investments LLC owned 0.25% of Aviat Networks worth $607,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Tieton Capital Management LLC boosted its holdings in Aviat Networks by 998.2% in the 4th quarter. Tieton Capital Management LLC now owns 650,270 shares of the communications equipment provider's stock worth $11,776,000 after acquiring an additional 591,055 shares during the period. First Wilshire Securities Management Inc. purchased a new stake in Aviat Networks during the 4th quarter worth approximately $7,483,000. Kennedy Capital Management LLC acquired a new position in shares of Aviat Networks in the 4th quarter valued at approximately $6,551,000. Geode Capital Management LLC boosted its stake in shares of Aviat Networks by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 272,119 shares of the communications equipment provider's stock valued at $4,929,000 after buying an additional 1,171 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in shares of Aviat Networks by 475.9% during the 4th quarter. Marshall Wace LLP now owns 230,012 shares of the communications equipment provider's stock valued at $4,166,000 after buying an additional 190,074 shares during the last quarter. 78.62% of the stock is currently owned by institutional investors and hedge funds.

Aviat Networks Stock Up 0.9%

Shares of Aviat Networks stock traded up $0.22 during trading on Friday, reaching $24.83. The company had a trading volume of 53,239 shares, compared to its average volume of 153,674. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.29 and a current ratio of 1.62. Aviat Networks, Inc. has a fifty-two week low of $12.96 and a fifty-two week high of $31.74. The firm's fifty day moving average is $21.58 and its 200-day moving average is $20.06. The company has a market cap of $316.09 million, a price-to-earnings ratio of -124.15 and a beta of 1.58.

Insider Activity

In other Aviat Networks news, VP Erin Boase sold 4,767 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $23.07, for a total value of $109,974.69. Following the sale, the vice president directly owned 28,124 shares in the company, valued at approximately $648,820.68. This trade represents a 14.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 4.10% of the company's stock.

About Aviat Networks

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.