Aviat Networks, Inc. (NASDAQ:AVNW) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC lifted its position in shares of Aviat Networks, Inc. (NASDAQ:AVNW) by 2,524.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,689 shares of the communications equipment provider’s stock after purchasing an additional 47,796 shares during the quarter. GAMMA Investing LLC owned 0.39% of Aviat Networks worth $953,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. AWM Investment Company Inc. lifted its position in shares of Aviat Networks by 1.8% during the 4th quarter. AWM Investment Company Inc. now owns 138,806 shares of the communications equipment provider’s stock valued at $2,514,000 after buying an additional 2,418 shares in the last quarter. Squarepoint Ops LLC lifted its position in shares of Aviat Networks by 32.3% during the 4th quarter. Squarepoint Ops LLC now owns 75,080 shares of the communications equipment provider’s stock valued at $1,360,000 after buying an additional 18,328 shares in the last quarter. Graham Capital Management L.P. purchased a new position in shares of Aviat Networks during the 4th quarter valued at approximately $214,000. D. E. Shaw & Co. Inc. purchased a new position in shares of Aviat Networks during the 4th quarter valued at approximately $1,870,000. Finally, Bridgeway Capital Management LLC purchased a new position in shares of Aviat Networks during the 4th quarter valued at approximately $505,000. Institutional investors and hedge funds own 78.62% of the company’s stock.

Aviat Networks Trading Up 1.1%

Shares of AVNW stock opened at $22.26 on Tuesday. The stock’s fifty day moving average is $19.78 and its two-hundred day moving average is $19.46. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.37 and a current ratio of 1.68. The firm has a market capitalization of $282.52 million, a P/E ratio of -111.29 and a beta of 1.58. Aviat Networks, Inc. has a fifty-two week low of $12.96 and a fifty-two week high of $31.74.

Aviat Networks Company Profile

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.