Calix Inc (CALX) : Symmetry Peak Management scooped up 186,100 additional shares in Calix Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 252,415 shares of Calix Inc which is valued at $1,943,596.Calix Inc makes up approximately 4.51% of Symmetry Peak Management’s portfolio.
Other Hedge Funds, Including , Arrowstreet Capital Limited Partnership reduced its stake in CALX by selling 7,000 shares or 2.0% in the most recent quarter. The Hedge Fund company now holds 342,807 shares of CALX which is valued at $2,622,474. Calix Inc makes up approx 0.01% of Arrowstreet Capital Limited Partnership’s portfolio.California State Teachers Retirement System boosted its stake in CALX in the latest quarter, The investment management firm added 800 additional shares and now holds a total of 87,386 shares of Calix Inc which is valued at $624,810.Rhumbline Advisers boosted its stake in CALX in the latest quarter, The investment management firm added 720 additional shares and now holds a total of 58,200 shares of Calix Inc which is valued at $401,580.Nationwide Fund Advisors reduced its stake in CALX by selling 2,333 shares or 1.55% in the most recent quarter. The Hedge Fund company now holds 147,959 shares of CALX which is valued at $1,020,917.
Calix Inc closed down -0.1 points or -1.30% at $7.6 with 2,06,776 shares getting traded on Monday. Post opening the session at $7.7, the shares hit an intraday low of $7.4 and an intraday high of $7.75 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Calix Inc reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Nov 1, 2016. Analyst had a consensus of $0.10. The company had revenue of $121.19 million for the quarter, compared to analysts expectations of $117.15 million. The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS.
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.