Counterpoint Mutual Funds LLC Takes Position in Calix, Inc $CALX

Counterpoint Mutual Funds LLC acquired a new stake in shares of Calix, Inc (NYSE:CALX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 37,534 shares of the communications equipment provider’s stock, valued at approximately $2,303,000. Counterpoint Mutual Funds LLC owned about 0.06% of Calix as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clearstead Advisors LLC raised its stake in Calix by 139.3% during the 3rd quarter. Clearstead Advisors LLC now owns 438 shares of the communications equipment provider’s stock valued at $27,000 after buying an additional 255 shares during the last quarter. Semanteon Capital Management LP purchased a new position in shares of Calix in the 3rd quarter worth $570,000. Hillsdale Investment Management Inc. grew its holdings in shares of Calix by 43,250.0% in the third quarter. Hillsdale Investment Management Inc. now owns 69,360 shares of the communications equipment provider’s stock worth $4,257,000 after acquiring an additional 69,200 shares during the period. GSA Capital Partners LLP increased its position in Calix by 181.7% during the third quarter. GSA Capital Partners LLP now owns 20,176 shares of the communications equipment provider’s stock valued at $1,238,000 after acquiring an additional 13,014 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Calix by 83.3% in the third quarter. PNC Financial Services Group Inc. now owns 5,306 shares of the communications equipment provider’s stock valued at $326,000 after acquiring an additional 2,411 shares during the period. Hedge funds and other institutional investors own 98.14% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on CALX. Zacks Research raised shares of Calix from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. UBS Group reissued an “outperform” rating and issued a $75.00 price objective on shares of Calix in a report on Friday, October 31st. Craig Hallum set a $60.00 target price on shares of Calix in a report on Friday, January 30th. Wall Street Zen downgraded shares of Calix from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Needham & Company LLC dropped their price target on shares of Calix from $82.00 to $70.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $77.50.

Calix Price Performance

Shares of NYSE:CALX opened at $54.10 on Tuesday. The company has a market capitalization of $3.59 billion, a P/E ratio of 216.38 and a beta of 1.56. Calix, Inc has a 1-year low of $28.60 and a 1-year high of $71.22. The firm’s 50 day simple moving average is $53.60 and its two-hundred day simple moving average is $57.40.

Calix (NYSE:CALX) last announced its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.39 EPS for the quarter, beating the consensus estimate of $0.38 by $0.01. The firm had revenue of $272.40 million for the quarter, compared to the consensus estimate of $267.36 million. Calix had a net margin of 1.79% and a return on equity of 2.31%. The company’s revenue was up 32.2% on a year-over-year basis. During the same period last year, the firm earned $0.08 EPS. Calix has set its Q1 2026 guidance at 0.340-0.400 EPS. On average, sell-side analysts anticipate that Calix, Inc will post -0.43 earnings per share for the current fiscal year.

Calix announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, January 28th that allows the company to buyback $125.00 million in outstanding shares. This buyback authorization allows the communications equipment provider to reacquire up to 3.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its shares are undervalued.

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.