Calix, Inc (CALX) Files Form 4 Insider Buying : Carl Russo Buys 4,500 Shares

Calix, Inc (CALX): Carl Russo , CEO of Calix, Inc purchased 4,500 shares on Jun 24, 2016. The Insider buying transaction was reported by the company on Jun 28, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.71 per share for a total value of $30,210.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 23, 2016, Carl Russo (CEO) purchased 4,500 shares at $7.07 per share price.

Shares of Calix Inc (CALX) ended Monday, Jun 27, 2016 session in red amid volatile trading. The shares closed down -0.36 points or -5.34% at $6.38 with 1,42,728 shares getting traded. Post opening the session at $6.7, the shares hit an intraday low of $6.3 and an intraday high of $6.75 and the price vacillated in this range throughout the day. The company has a market cap of $306 M and the number of outstanding shares has been calculated to be 4,79,24,395 shares. The 52-week high of Calix Inc is $9.07 and the 52-week low is $5.64.

Calix Inc Money Flow Index Chart

Calix Inc. is a provider of broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs) to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide revenue-generating services from basic voice and data to advanced broadband services over legacy and next-generation access networks. It focuses solely on CSP access networks the portion of the network that governs available bandwidth and determines the range and quality of services that can be offered to subscribers. The Company develops and sells carrier-class hardware and software products which it refers to as the Unified Access portfolio that is designed to enhance and transform CSP access networks to meet the demands of subscribers.

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