Man Group plc Acquires Shares of 317,967 Calix, Inc $CALX

Posted by on Aug 28th, 2026

Man Group plc acquired a new stake in Calix, Inc (NYSE:CALX – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 317,967 shares of the communications equipment provider’s stock, valued at approximately $11,867,000. Man Group plc owned approximately 0.50% of Calix at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Jupiter Topco LLC purchased a new position in Calix during the second quarter valued at $1,016,000. Hsbc Holdings PLC purchased a new stake in shares of Calix during the second quarter worth about $1,412,000. Canada Pension Plan Investment Board purchased a new stake in shares of Calix during the second quarter worth about $313,000. Legal & General Group Plc acquired a new position in shares of Calix during the 2nd quarter worth about $5,219,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Calix during the 2nd quarter worth about $1,080,000. 98.14% of the stock is owned by institutional investors and hedge funds.

Calix Trading Down 1.9%

CALX opened at $37.63 on Friday. Calix, Inc has a twelve month low of $34.26 and a twelve month high of $71.22. The firm has a market capitalization of $2.37 billion, a PE ratio of 50.85 and a beta of 1.24. The firm’s 50-day moving average price is $38.10 and its 200 day moving average price is $43.50.

Calix (NYSE:CALX – Get Free Report) last released its quarterly earnings data on Monday, July 20th. The communications equipment provider reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.07. The company had revenue of $293.33 million during the quarter, compared to the consensus estimate of $289.96 million. Calix had a net margin of 4.61% and a return on equity of 6.17%. Calix’s quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 EPS. Calix has set its Q3 2026 guidance at 0.370-0.450 EPS. As a group, analysts predict that Calix, Inc will post 0.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CALX. Weiss Ratings upgraded Calix from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. JPMorgan Chase & Co. reduced their target price on Calix from $65.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Wall Street Zen downgraded Calix from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Northland Securities raised Calix from a “market perform” rating to an “outperform” rating and set a $52.00 price target on the stock in a research note on Tuesday, July 21st. Finally, Roth Capital reiterated a “buy” rating on shares of Calix in a research report on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Calix has a consensus rating of “Moderate Buy” and a consensus target price of $63.86.

Check Out Our Latest Report on Calix

Insider Activity at Calix

In related news, Director Carl Russo sold 75,000 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $36.20, for a total value of $2,715,000.00. Following the completion of the sale, the director owned 1,569,188 shares of the company’s stock, valued at approximately $56,804,605.60. This trade represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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

(Free Report)

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.

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Institutional Ownership by Quarter for Calix (NYSE:CALX)

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