Hillsdale Investment Management Inc. Has $4.23 Million Holdings in Calix, Inc $CALX

Hillsdale Investment Management Inc. raised its position in Calix, Inc (NYSE:CALX) by 25.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 86,340 shares of the communications equipment provider’s stock after purchasing an additional 17,390 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Calix were worth $4,230,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CALX. Fuller & Thaler Asset Management Inc. bought a new position in shares of Calix during the fourth quarter worth about $57,915,000. Arrowstreet Capital Limited Partnership raised its position in Calix by 214.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,274,426 shares of the communications equipment provider’s stock valued at $78,212,000 after buying an additional 868,987 shares during the last quarter. Westfield Capital Management Co. LP lifted its stake in Calix by 67.4% in the 4th 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 acquiring an additional 461,196 shares in the last quarter. Alyeska Investment Group L.P. bought a new stake in Calix in the 4th quarter valued at approximately $19,856,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Calix by 397,798.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 350,151 shares of the communications equipment provider’s stock worth $18,533,000 after acquiring an additional 350,063 shares during the last quarter. 98.14% of the stock is currently owned by institutional investors.

Calix Stock Up 1.1%

CALX stock opened at $39.48 on Thursday. The business has a 50 day moving average price of $38.89 and a two-hundred day moving average price of $46.79. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 82.26 and a beta of 1.23. Calix, Inc has a twelve month low of $34.86 and a twelve month high of $71.22.

Calix (NYSE:CALX) last posted its quarterly earnings results on Tuesday, April 21st. The communications equipment provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.03. Calix had a return on equity of 4.30% and a net margin of 3.20%.The firm had revenue of $279.98 million for the quarter, compared to analyst estimates of $277.50 million. During the same quarter in the previous year, the firm earned $0.19 EPS. The business’s quarterly revenue was up 27.2% on a year-over-year basis. Calix has set its Q2 2026 guidance at 0.350-0.450 EPS. On average, equities research 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 permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the communications equipment provider to purchase up to 3% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

More Calix News

Here are the key news stories impacting Calix this week:

• Positive Sentiment: Calix announced that Tombigbee Fiber is expanding its use of the Calix One platform and Calix Agent Workforce Cloud to build secure agentic AI workflows, reinforcing product adoption and the company’s strategy around experience-led growth. Tombigbee Invests in Secure Agentic Workflows on Calix One…
• Neutral Sentiment: Multiple law firms issued reminders and deadline notices tied to an existing class-action lawsuit against Calix, with a lead-plaintiff deadline of July 27, 2026. These items are largely procedural, but they keep the litigation over alleged misleading margin disclosures in the news. Levi & Korsinsky reminder
• Neutral Sentiment: Additional firms, including Rosen, Pomerantz, Glancy Prongay, Portnoy, Faruqi, Gross, and others, published similar notices about the same securities case, adding no new facts but reinforcing the overhang from legal scrutiny. Rosen deadline notice

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Roth Capital reaffirmed a “buy” rating on shares of Calix in a research note on Thursday, April 23rd. Rosenblatt Securities reissued a “buy” rating and issued a $70.00 price objective on shares of Calix in a research report on Wednesday, June 10th. Northland Securities cut shares of Calix from an “outperform” rating to a “market perform” rating and set a $52.00 target price for the company. in a report on Wednesday, April 22nd. Needham & Company LLC decreased their target price on shares of Calix from $70.00 to $62.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Finally, JPMorgan Chase & Co. lowered their price target on shares of Calix from $70.00 to $65.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $67.00.

Insider Buying and Selling at Calix

In related news, Director Carl Russo sold 25,000 shares of the business’s 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 in the company, valued at approximately $71,127,572.88. The trade was a 1.50% decrease in their ownership of the stock. The sale 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. Corporate insiders own 17.44% of the company’s stock.

Calix Company 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.