Inspire Advisors LLC Makes New $2.46 Million Investment in Harmonic Inc. $HLIT

Inspire Advisors LLC acquired a new position in Harmonic Inc. (NASDAQ:HLIT) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 241,166 shares of the communications equipment provider’s stock, valued at approximately $2,455,000. Inspire Advisors LLC owned about 0.21% of Harmonic at the end of the most recent quarter.

Several other large investors have also modified their holdings of HLIT. Geode Capital Management LLC lifted its position in Harmonic by 0.8% during the 2nd quarter. Geode Capital Management LLC now owns 2,779,080 shares of the communications equipment provider’s stock worth $26,321,000 after acquiring an additional 20,774 shares during the last quarter. Marshall Wace LLP increased its stake in shares of Harmonic by 112.8% in the second quarter. Marshall Wace LLP now owns 1,925,149 shares of the communications equipment provider’s stock worth $18,231,000 after purchasing an additional 1,020,431 shares during the period. Qube Research & Technologies Ltd lifted its position in shares of Harmonic by 37.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,371,746 shares of the communications equipment provider’s stock worth $12,990,000 after purchasing an additional 371,302 shares during the last quarter. Silverberg Bernstein Capital Management LLC grew its holdings in Harmonic by 11.2% in the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 1,247,093 shares of the communications equipment provider’s stock valued at $12,695,000 after buying an additional 125,795 shares during the last quarter. Finally, Systematic Financial Management LP increased its position in Harmonic by 1.3% in the 2nd quarter. Systematic Financial Management LP now owns 1,152,220 shares of the communications equipment provider’s stock worth $10,912,000 after buying an additional 14,240 shares during the period. 99.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HLIT. Barclays increased their price target on shares of Harmonic from $8.00 to $11.00 and gave the company an “equal weight” rating in a report on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Harmonic in a research report on Wednesday, October 8th. Rosenblatt Securities reaffirmed a “buy” rating and set a $14.00 price objective on shares of Harmonic in a report on Tuesday, December 9th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $15.00 target price on shares of Harmonic in a report on Tuesday, December 9th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $13.13.

Harmonic Stock Down 1.5%

NASDAQ:HLIT opened at $10.07 on Monday. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 23.98 and a beta of 1.04. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.64 and a current ratio of 2.08. The stock’s fifty day moving average price is $9.87 and its two-hundred day moving average price is $9.77. Harmonic Inc. has a 52-week low of $7.80 and a 52-week high of $12.79.

Harmonic (NASDAQ:HLIT) last issued its quarterly earnings results on Monday, November 3rd. The communications equipment provider reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.07. Harmonic had a return on equity of 13.70% and a net margin of 7.81%.The business had revenue of $142.38 million for the quarter, compared to analyst estimates of $127.94 million. During the same quarter in the prior year, the firm posted $0.26 earnings per share. The firm’s revenue for the quarter was down 27.3% compared to the same quarter last year. Harmonic has set its Q4 2025 guidance at 0.060-0.120 EPS. On average, analysts anticipate that Harmonic Inc. will post 0.31 EPS for the current year.

Insider Activity at Harmonic

In other news, SVP Neven Haltmayer sold 23,835 shares of Harmonic stock in a transaction on Monday, December 15th. The shares were sold at an average price of $10.41, for a total transaction of $248,122.35. Following the transaction, the senior vice president directly owned 149,570 shares of the company’s stock, valued at $1,557,023.70. This trade represents a 13.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director David Krall acquired 47,528 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was purchased at an average price of $10.50 per share, with a total value of $499,044.00. Following the transaction, the director owned 223,125 shares in the company, valued at $2,342,812.50. This represents a 27.07% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.21% of the stock is owned by company insiders.

Harmonic Profile

Harmonic Inc (NASDAQ:HLIT) is a leading provider of video delivery infrastructure that enables service providers, broadcasters and content owners to capture, process and distribute high‐quality video across broadcast, cable, satellite and IP networks. The company’s portfolio spans real‐time video compression solutions, including encoders and transcoders, as well as storage and server products designed for live production, playout and streaming on any device.

Harmonic’s product lines include cable edge QAM modules and set‐top video processing platforms for traditional pay‐TV operators, alongside cloud‐native software for over‐the‐top (OTT) delivery, origin servers and content delivery network (CDN) services.