CALX Calix Inc

Thompson Investment Management Inc. reduced its stake in Calix, Inc (NYSE:CALX) by 35.8% in Q3, now holding 44,840 shares valued at $2.75 million. This occurred while company insiders, including the CFO, sold 530,000 shares worth approximately $34.1 million. Despite insider selling, Calix beat Q3 earnings estimates with $0.44 EPS and $265.4 million in revenue, leading analysts to maintain a "Moderate Buy" rating with a consensus target price of $79.50.

A new national broadband study indicates that subscriber loyalty is now driven by overall experience rather than just speed or price. This shift has implications for Calix (CALX), which recently shared early results from the study and is preparing to roll out a third-generation platform integrating AI capabilities. Despite strong long-term returns, investors are re-evaluating Calix's growth trajectory and future valuation in light of these industry shifts.

Congress Asset Management Co. increased its stake in Calix, Inc. by 3.2% in the third quarter, now owning 1,463,202 shares valued at approximately $89.8 million. Calix has high institutional ownership at 98.14% and an average analyst rating of "Moderate Buy" with a $79.50 price target, despite insiders selling a significant number of shares recently. The company beat Q3 earnings and revenue estimates but remains slightly unprofitable.

Assenagon Asset Management S.A. significantly reduced its stake in Calix, Inc. (NYSE:CALX) by selling 688,402 shares in the third quarter, retaining 259,336 shares valued at $15.915 million. This follows substantial insider selling, with Director Carl Russo and CFO Cory Sindelar offloading considerable shares. Despite this, Calix reported strong Q3 earnings, beating analyst estimates, and maintains a "Moderate Buy" consensus rating with an average target price of $79.50.

Calix, Inc (NYSE:CALX) has received an average rating of "Moderate Buy" from nine research firms, with an average 12-month price target of $79.50. Despite large insider selling totaling $34.1 million by the CFO and a director, the company's recent fundamentals appear mixed, beating Q3 EPS and revenue estimates but facing a predicted negative EPS for the current fiscal year. Institutional investors have significantly increased their positions in Calix, with 98.14% of the stock owned by hedge funds and other institutional investors.

A new national study by Calix Market Insights, conducted by Wakefield Research, indicates that broadband subscribers prioritize elevated experiences, advanced security, and premium customer support over just speed and price. The study reveals that "switchers"—high-usage households who change providers—are willing to pay more for personalized packages and flexible contract terms, highlighting a significant opportunity for broadband service providers (BSPs) to differentiate and foster loyalty through enhanced subscriber experiences. Calix (NYSE: CALX) emphasizes these insights provide a clear roadmap for BSPs to innovate and grow by focusing on subscriber-first experiences for high-value households.