Westfield Capital Management Co. LP Has $60.62 Million Holdings in Calix, Inc $CALX

Westfield Capital Management Co. LP lifted its position in shares of Calix, Inc (NYSE:CALX) by 67.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,145,292 shares of the communications equipment provider’s stock after buying an additional 461,196 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Calix were worth $60,620,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Clearstead Advisors LLC grew its holdings in Calix by 139.3% in the third quarter. Clearstead Advisors LLC now owns 438 shares of the communications equipment provider’s stock worth $27,000 after purchasing an additional 255 shares during the period. Farther Finance Advisors LLC grew its holdings in Calix by 63.0% in the fourth quarter. Farther Finance Advisors LLC now owns 551 shares of the communications equipment provider’s stock worth $29,000 after purchasing an additional 213 shares during the period. Raymond James Financial Inc. acquired a new stake in Calix in the second quarter worth $30,000. NewEdge Advisors LLC acquired a new stake in Calix in the third quarter worth $64,000. Finally, Smartleaf Asset Management LLC grew its holdings in Calix by 27.0% in the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the communications equipment provider’s stock worth $64,000 after purchasing an additional 265 shares during the period. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Calix

In other Calix news, Director Carl Russo sold 25,000 shares of the firm’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $43.26, for a total value of $1,081,500.00. Following the transaction, the director directly owned 1,644,188 shares of the company’s stock, valued at approximately $71,127,572.88. This trade represents a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 17.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on CALX shares. Zacks Research upgraded shares of Calix from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Needham & Company LLC reduced their price target on shares of Calix from $70.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Rosenblatt Securities restated a “buy” rating and issued a $70.00 price target on shares of Calix in a report on Wednesday, April 22nd. Northland Securities cut shares of Calix from an “outperform” rating to a “market perform” rating and set a $52.00 price target for the company. in a report on Wednesday, April 22nd. Finally, Weiss Ratings cut shares of Calix from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 20th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Calix presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.00.

Trending Headlines about Calix

Here are the key news stories impacting Calix this week:

• Negative Sentiment: Multiple law firms, including Rosen, Schall, DJS, Pomerantz, Kirby McInerney, and others, announced or reminded investors about a securities fraud class action against Calix, adding legal overhang and potential settlement risk. Article Title
• Negative Sentiment: One alert specifically cited allegations that Calix’s “record margins were propped up” by a dwindling supply of pre-purchased memory components, which could increase concern about the quality of prior earnings results. Article Title
• Neutral Sentiment: The lawsuits center on allegations of violations of federal securities laws, with a lead-plaintiff deadline around July 27, 2026; these notices are procedural but keep the issue in the spotlight for investors. Article Title

Calix Trading Down 3.7%

Calix stock opened at $36.93 on Friday. Calix, Inc has a 1-year low of $36.83 and a 1-year high of $71.22. The firm has a market capitalization of $2.36 billion, a price-to-earnings ratio of 76.94 and a beta of 1.23. The firm’s fifty day moving average price is $44.02 and its two-hundred day moving average price is $50.15.

Calix (NYSE:CALX) last released its quarterly earnings data on Tuesday, April 21st. The communications equipment provider reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. Calix had a net margin of 3.20% and a return on equity of 4.30%. The firm had revenue of $279.98 million for the quarter, compared to analyst estimates of $277.50 million. During the same period last year, the firm earned $0.19 earnings per share. The business’s quarterly revenue was up 27.2% compared to the same quarter last year. Calix has set its Q2 2026 guidance at 0.350-0.450 EPS. On average, research analysts forecast that Calix, Inc will post 0.85 EPS for the current year.

Calix declared that its board has authorized a share repurchase plan on Tuesday, April 21st that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the communications equipment provider to repurchase up to 3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

About Calix

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.