Paradigm Capital Management Inc. NY Acquires 95,800 Shares of Calix, Inc $CALX

Paradigm Capital Management Inc. NY boosted its holdings in shares of Calix, Inc (NYSE:CALX) by 14.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 768,200 shares of the communications equipment provider’s stock after acquiring an additional 95,800 shares during the quarter. Calix accounts for about 1.4% of Paradigm Capital Management Inc. NY’s portfolio, making the stock its 20th largest position. Paradigm Capital Management Inc. NY’s holdings in Calix were worth $37,634,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. 4D Advisors LLC bought a new stake in Calix in the fourth quarter valued at approximately $6,087,000. GSA Capital Partners LLP boosted its stake in shares of Calix by 167.0% in the 4th quarter. GSA Capital Partners LLP now owns 53,867 shares of the communications equipment provider’s stock valued at $2,851,000 after purchasing an additional 33,691 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Calix by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 1,445,338 shares of the communications equipment provider’s stock valued at $76,513,000 after purchasing an additional 74,235 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 worth $18,533,000 after buying an additional 350,063 shares during the period. Finally, Intech Investment Management LLC increased its position in shares of Calix by 129.7% during the fourth quarter. Intech Investment Management LLC now owns 101,074 shares of the communications equipment provider’s stock worth $5,350,000 after buying an additional 57,065 shares during the period. Institutional investors own 98.14% of the company’s stock.

Calix Trading Up 0.6%

Shares of CALX stock opened at $35.97 on Friday. The firm has a market capitalization of $2.27 billion, a PE ratio of 48.61 and a beta of 1.23. The firm has a fifty day simple moving average of $38.28 and a two-hundred day simple moving average of $46.05. Calix, Inc has a 12 month low of $34.26 and a 12 month high of $71.22.

Calix (NYSE:CALX) last released its quarterly earnings data on Monday, July 20th. The communications equipment provider reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.07. The firm had revenue of $293.33 million for the quarter, compared to analyst estimates of $289.96 million. Calix had a net margin of 4.61% and a return on equity of 6.17%. The business’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period last year, the firm earned $0.33 earnings per share. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities analysts predict that Calix, Inc will post 0.9 earnings per share for the current fiscal year.

Calix declared that its board has initiated a stock repurchase plan on Tuesday, April 21st that allows the company to repurchase $100.00 million in 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 usually an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CALX. Rosenblatt Securities lowered their target price on shares of Calix from $70.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. decreased their price target on Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday. Needham & Company LLC lowered their price objective on Calix from $70.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Zacks Research downgraded Calix from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. Finally, Wall Street Zen cut Calix from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Seven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Calix presently has an average rating of “Moderate Buy” and a consensus target price of $63.86.

More Calix News

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Northland Securities raised its FY2026 and Q4 2026 earnings estimates for Calix, and reiterated an Outperform rating with a $52 price target, signaling confidence in the company’s longer-term earnings outlook. Northland Securities estimate update
• Positive Sentiment: Calix also continued to receive supportive coverage and upbeat investment commentary, including a report suggesting the stock may be undervalued based on recent earnings performance and 2026 guidance. Calix undervaluation article
• Neutral Sentiment: Business updates also remain constructive, with Calix announcing that Conexon Connect is using Calix Agent Workforce Cloud to expand its rural fiber broadband go-to-market strategy. Conexon Connect announcement
• Neutral Sentiment: Separately, Calix expanded rural AI broadband reach with three new provider deployments, which supports the growth narrative but is not a major near-term catalyst. Rural AI broadband expansion article
• Negative Sentiment: Several law firms issued urgent reminders about the securities class action against Calix and the July 27 lead plaintiff deadline, keeping fraud allegations and potential legal costs front and center for investors. Securities fraud lawsuit reminder
• Negative Sentiment: Additional coverage noted a pessimistic forecast from JPMorgan and a downgrade-related move to new 52-week lows, reinforcing concerns that analysts are becoming more cautious on the stock. JPMorgan pessimistic forecast

Insider Buying and Selling

In other Calix news, Director Carl Russo sold 25,000 shares of Calix stock in a transaction on Monday, April 27th. The shares were sold at an average price of $43.26, for a total transaction 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 transaction 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. Insiders own 17.44% of the company’s stock.

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.