Aviat Networks, Inc. (NASDAQ:AVNW – Get Free Report) SVP Gary Croke sold 629 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $19.69, for a total transaction of $12,385.01. Following the completion of the sale, the senior vice president directly owned 42,479 shares of the company’s stock, valued at $836,411.51. The trade was a 1.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Aviat Networks Stock Down 6.4%
Aviat Networks stock opened at $18.66 on Wednesday. Aviat Networks, Inc. has a 52 week low of $13.92 and a 52 week high of $27.02. The stock has a market cap of $238.85 million, a price-to-earnings ratio of 98.21 and a beta of 0.70. The company’s 50-day moving average price is $20.91 and its two-hundred day moving average price is $21.23. The company has a current ratio of 1.97, a quick ratio of 1.66 and a debt-to-equity ratio of 0.33.
Aviat Networks (NASDAQ:AVNW – Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The communications equipment provider reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.09. The company had revenue of $120.89 million during the quarter, compared to analyst estimates of $110.12 million. Aviat Networks had a net margin of 0.58% and a return on equity of 5.85%. On average, analysts expect that Aviat Networks, Inc. will post 2.44 EPS for the current fiscal year.
More Aviat Networks News
- Positive Sentiment: Strong quarterly execution: Fiscal fourth-quarter revenue rose 4.8% year over year to $120.9 million, exceeding the $110.1 million consensus estimate. Adjusted earnings of $0.64 per share also topped expectations of $0.55.
- Positive Sentiment: Healthy backlog and growth outlook: Backlog increased 14% to $367 million, supporting visibility into future revenue. Fiscal 2027 adjusted EBITDA guidance implies potential growth of as much as 50%, as Aviat invests in private wireless networks. Aviat Networks backlog and fiscal 2027 guidance
- Positive Sentiment: Analyst support remains favorable: Citigroup maintained a “market outperform” rating, while Roth Capital raised its target to $38 and Northland Securities lifted its target to $30. The analyst consensus remains “Moderate Buy,” with an average target price of $32.71.
- Neutral Sentiment: Growth comes with execution risk: Aviat is betting heavily on private networks, but recent coverage highlighted margin pressure. The company’s reported net margin was only 0.58%, making successful execution and profitability improvement important for the valuation. Aviat Networks private networks and margins
- Negative Sentiment: Multiple insiders sold shares: CEO Pete Smith sold 14,264 shares for approximately $280,858, reducing his direct ownership by 3.73%. VP Erin Boase sold $26,522 of stock, and SVP Gary Croke sold $12,385. While these transactions may reflect personal financial decisions, coordinated selling can weigh on sentiment, particularly with AVNW trading well below its 12-month high and above a trailing PE ratio of 98.
Institutional Investors Weigh In On Aviat Networks
A number of institutional investors have recently bought and sold shares of AVNW. Tieton Capital Management LLC purchased a new position in Aviat Networks during the second quarter valued at approximately $15,017,000. Sei Investments Co. increased its stake in shares of Aviat Networks by 122.2% in the first quarter. Sei Investments Co. now owns 432,325 shares of the communications equipment provider’s stock worth $9,775,000 after acquiring an additional 237,761 shares during the last quarter. Western Standard LLC increased its stake in shares of Aviat Networks by 84.5% in the fourth quarter. Western Standard LLC now owns 494,238 shares of the communications equipment provider’s stock worth $10,567,000 after acquiring an additional 226,332 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of Aviat Networks by 140.2% during the fourth quarter. Marshall Wace LLP now owns 226,580 shares of the communications equipment provider’s stock worth $4,844,000 after acquiring an additional 132,262 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Aviat Networks by 67.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 285,868 shares of the communications equipment provider’s stock worth $6,555,000 after acquiring an additional 115,298 shares in the last quarter. 78.62% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the company. Zacks Research raised Aviat Networks from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Citizens Jmp dropped their price target on Aviat Networks from $30.00 to $25.00 and set a “market outperform” rating on the stock in a research note on Wednesday, May 6th. B. Riley Financial restated a “buy” rating and set a $33.00 price objective (up from $28.00) on shares of Aviat Networks in a report on Friday. Citigroup reaffirmed a “market outperform” rating on shares of Aviat Networks in a research note on Friday. Finally, Northland Securities raised their target price on shares of Aviat Networks from $25.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Nine research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $32.71.
View Our Latest Stock Analysis on Aviat Networks
Aviat Networks Company Profile
Aviat Networks, Inc is a specialist in wireless transport solutions, designing, manufacturing and selling microwave networking products that enable the secure and reliable transmission of data, voice and video. The company’s offerings address mission-critical communications needs for a broad range of end markets, including telecommunications service providers, utilities, government agencies and enterprises. Its product portfolio spans high-capacity packet microwave radios, IP transport systems and network management software.
Aviat’s core product lines include the WTM series of packet microwave platforms, which deliver scalable throughput and advanced resilience features, and the Eclipse packet microwave systems, which combine broadband capacity with synchronization, security and quality-of-service capabilities.
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