Fox Run Management L.L.C. Has $1.39 Million Stock Position in Calix, Inc $CALX

Fox Run Management L.L.C. raised its stake in shares of Calix, Inc (NYSE:CALX) by 489.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,257 shares of the communications equipment provider’s stock after purchasing an additional 21,799 shares during the quarter. Fox Run Management L.L.C.’s holdings in Calix were worth $1,390,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in CALX. Arrowstreet Capital Limited Partnership boosted its holdings in Calix by 214.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,274,426 shares of the communications equipment provider’s stock valued at $78,212,000 after purchasing an additional 868,987 shares in the last quarter. Westfield Capital Management Co. LP boosted its holdings in Calix by 67.4% during the fourth quarter. Westfield Capital Management Co. LP now owns 1,145,292 shares of the communications equipment provider’s stock valued at $60,620,000 after purchasing an additional 461,196 shares in the last quarter. Divisadero Street Capital Management LP boosted its holdings in Calix by 756.0% during the third quarter. Divisadero Street Capital Management LP now owns 453,873 shares of the communications equipment provider’s stock valued at $27,854,000 after purchasing an additional 400,851 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Calix by 397,798.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 350,151 shares of the communications equipment provider’s stock valued at $18,533,000 after purchasing an additional 350,063 shares in the last quarter. Finally, Cubist Systematic Strategies LLC boosted its holdings in Calix by 1,166.0% during the second quarter. Cubist Systematic Strategies LLC now owns 290,026 shares of the communications equipment provider’s stock valued at $15,427,000 after purchasing an additional 267,118 shares in the last quarter. 98.14% of the stock is owned by institutional investors and hedge funds.

Calix Price Performance

Shares of CALX opened at $37.15 on Tuesday. The company has a market capitalization of $2.37 billion, a P/E ratio of 77.40 and a beta of 1.23. Calix, Inc has a one year low of $36.83 and a one year high of $71.22. The business’s 50 day simple moving average is $43.74 and its 200-day simple moving average is $49.97.

Calix (NYSE:CALX) last announced its earnings results on Tuesday, April 21st. The communications equipment provider reported $0.40 EPS for the quarter, topping the consensus estimate of $0.37 by $0.03. The business had revenue of $279.98 million for the quarter, compared to the consensus estimate of $277.50 million. Calix had a return on equity of 4.30% and a net margin of 3.20%.Calix’s revenue was up 27.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.19 EPS. Calix has set its Q2 2026 guidance at 0.350-0.450 EPS. On average, sell-side analysts anticipate that Calix, Inc will post 0.85 EPS for the current fiscal year.

Calix declared that its board has authorized a stock repurchase program on Tuesday, April 21st that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the communications equipment provider to buy up to 3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Calix News Roundup

Here are the key news stories impacting Calix this week:

• Negative Sentiment: Multiple law firms, including Rosen, Schall, DJS, Bronstein Gewirtz Grossman, and Levi & Korsinsky, reiterated class action claims against Calix and urged investors who bought shares during the alleged class period to seek lead-plaintiff status by July 27, 2026. Article Title
• Negative Sentiment: The filings increase legal and reputational risk for Calix by highlighting allegations of investor harm tied to the company’s disclosures, which can create uncertainty around potential settlements or further litigation costs. Article Title
• Neutral Sentiment: A separate article asked whether Calix is a “good stock to buy now,” but it did not provide a clear catalyst or materially new operating update. Article Title

Insider Activity at Calix

In other news, Director Carl Russo sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was 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 $71,127,572.88. The trade was a 1.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.44% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CALX has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their price objective on Calix from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Rosenblatt Securities reaffirmed a “buy” rating and set a $70.00 price objective on shares of Calix in a report on Wednesday, April 22nd. Weiss Ratings raised Calix from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. Wall Street Zen raised Calix from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Northland Securities downgraded Calix from an “outperform” rating to a “market perform” rating and set a $52.00 price objective on the stock. in a report on Wednesday, April 22nd. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.00.

Calix Profile

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.