Calix, Inc (CALX) Files Form 4 Insider Buying : Carl Russo Buys 3,029 Shares

Calix, Inc (CALX): Carl Russo , CEO of Calix, Inc purchased 3,029 shares on Jul 20, 2016. The Insider buying transaction was reported by the company on Jul 22, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.69 per share for a total value of $23,381.27 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 19, 2016, Carl Russo (CEO) purchased 4,500 shares at $7.55 per share price.

Calix Inc: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Calix Inc which led to swings in the share price. The shares opened for trading at $7.51 and hit $8 on the upside , eventually ending the session at $7.91, with a gain of 6.46% or 0.48 points. The heightened volatility saw the trading volume jump to 2,46,614 shares. The 52-week high of the share price is $9.07 and the company has a market cap of $379 M . The 52-week low of the share price is at $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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