Alyeska Investment Group L.P. Makes New $14.93 Million Investment in Calix, Inc $CALX

Key Points

• Alyeska Investment Group acquired 400,088 Calix shares worth approximately $14.93 million, representing about 0.64% of the company. Institutional investors and hedge funds collectively own 98.14% of Calix.
• Calix exceeded quarterly expectations with earnings of $0.47 per share versus the $0.40 consensus and revenue of $293.33 million, up 21.3% year over year. The company issued third-quarter 2026 EPS guidance of $0.37–$0.45.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $63.86, despite recent target reductions. Director Carl Russo separately sold 75,000 shares for approximately $2.72 million under a pre-arranged trading plan.

Alyeska Investment Group L.P. acquired a new stake in shares of Calix, Inc (NYSE:CALX - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 400,088 shares of the communications equipment provider's stock, valued at approximately $14,931,000. Alyeska Investment Group L.P. owned approximately 0.64% of Calix at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its position in Calix by 63.0% during the 4th quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider's stock worth $29,000 after purchasing an additional 213 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Calix in the second quarter valued at $30,000. Harbor Investment Advisory LLC purchased a new stake in shares of Calix in the second quarter valued at $31,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Calix by 24,733.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 745 shares of the communications equipment provider's stock valued at $39,000 after purchasing an additional 742 shares in the last quarter. Finally, Strive Financial Group LLC acquired a new stake in shares of Calix in the fourth quarter worth $40,000. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Carl Russo sold 75,000 shares of the stock in a transaction on Monday, July 27th. The shares were sold at an average price of $36.20, for a total transaction of $2,715,000.00. Following the transaction, the director owned 1,569,188 shares in the company, valued at $56,804,605.60. This represents a 4.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.44% of the stock is owned by corporate insiders.

Calix Price Performance

Shares of NYSE CALX opened at $38.11 on Tuesday. Calix, Inc has a one year low of $34.26 and a one year high of $71.22. The business's 50-day moving average price is $38.10 and its two-hundred day moving average price is $43.26. The company has a market capitalization of $2.40 billion, a P/E ratio of 51.50 and a beta of 1.24.

Calix (NYSE:CALX - Get Free Report) last posted its quarterly earnings results on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share 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 company had revenue of $293.33 million during the quarter, compared to the consensus estimate of $289.96 million. During the same period last year, the business earned $0.33 EPS. The business's quarterly revenue was up 21.3% on a year-over-year basis. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities analysts anticipate that Calix, Inc will post 0.89 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CALX shares. Northland Securities raised Calix from a "market perform" rating to an "outperform" rating and set a $52.00 price objective for the company in a research note on Tuesday, July 21st. Zacks Research raised Calix from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 18th. JPMorgan Chase & Co. dropped their target price on Calix from $65.00 to $58.00 and set an "overweight" rating on the stock in a report on Wednesday, July 22nd. Rosenblatt Securities reduced their price target on shares of Calix from $70.00 to $55.00 and set a "buy" rating for the company in a research report on Tuesday, July 21st. Finally, Roth Capital restated a "buy" rating on shares of Calix in a report on Tuesday, July 21st. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $63.86.

Calix 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.

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