Aviat Networks, Inc. (NASDAQ:AVNW – Get Free Report) VP Erin Boase sold 1,347 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $19.69, for a total value of $26,522.43. Following the completion of the sale, the vice president directly owned 28,275 shares of the company’s stock, valued at approximately $556,734.75. This represents a 4.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Aviat Networks Stock Down 6.4%
Shares of NASDAQ AVNW opened at $18.66 on Wednesday. The stock has a market capitalization of $238.85 million, a P/E ratio of 98.21 and a beta of 0.70. Aviat Networks, Inc. has a one year low of $13.92 and a one year high of $27.02. The firm’s 50 day simple moving average is $20.91 and its two-hundred day simple moving average is $21.23. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.97 and a quick ratio of 1.66.
Aviat Networks (NASDAQ:AVNW – Get Free Report) last announced its quarterly earnings data 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. Aviat Networks had a net margin of 0.58% and a return on equity of 5.85%. The firm had revenue of $120.89 million during the quarter, compared to analyst estimates of $110.12 million. As a group, 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.
Analysts Set New Price Targets
Several equities research analysts have recently commented on AVNW shares. Roth Capital reaffirmed a “buy” rating and issued a $38.00 target price (up from $34.00) on shares of Aviat Networks in a research report on Friday. Citizens Jmp reduced their price target on shares of Aviat Networks from $30.00 to $25.00 and set a “market outperform” rating on the stock in a research report on Wednesday, May 6th. Zacks Research raised shares of Aviat Networks from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Rafferty Capital Markets began coverage on shares of Aviat Networks in a report on Tuesday, June 30th. They issued a “buy” rating and a $36.00 price objective for the company. Finally, B. Riley Financial reaffirmed a “buy” rating and set a $33.00 price objective (up from $28.00) on shares of Aviat Networks in a research report on Friday. Nine analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Aviat Networks presently has an average rating of “Moderate Buy” and a consensus target price of $32.71.
Get Our Latest Analysis on Aviat Networks
Institutional Investors Weigh In On Aviat Networks
Several hedge funds have recently added to or reduced their stakes in AVNW. Western Standard LLC raised its holdings in 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 buying an additional 226,332 shares during the last quarter. Sei Investments Co. grew its stake in shares of Aviat Networks by 122.2% during the 1st quarter. Sei Investments Co. now owns 432,325 shares of the communications equipment provider’s stock valued at $9,775,000 after purchasing an additional 237,761 shares during the period. Pacific Ridge Capital Partners LLC increased its holdings in Aviat Networks by 19.3% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 371,258 shares of the communications equipment provider’s stock valued at $7,937,000 after buying an additional 60,004 shares during the last quarter. North Star Investment Management Corp. bought a new stake in Aviat Networks during the first quarter valued at about $610,000. Finally, Tieton Capital Management LLC purchased a new stake in Aviat Networks in the 2nd quarter worth approximately $15,017,000. 78.62% of the stock is owned by institutional investors.
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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