Delphi Management Inc. MA lifted its holdings in Aviat Networks, Inc. (NASDAQ:AVNW – Free Report) by 10.9% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,788 shares of the communications equipment provider’s stock after purchasing an additional 2,337 shares during the period. Delphi Management Inc. MA owned about 0.19% of Aviat Networks worth $682,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. nVerses Capital LLC bought a new position in shares of Aviat Networks in the 2nd quarter worth approximately $29,000. BNP Paribas Financial Markets raised its stake in Aviat Networks by 84.8% during the 1st quarter. BNP Paribas Financial Markets now owns 5,475 shares of the communications equipment provider’s stock worth $210,000 after acquiring an additional 2,513 shares during the period. Covestor Ltd raised its stake in Aviat Networks by 309.8% during the 1st quarter. Covestor Ltd now owns 5,934 shares of the communications equipment provider’s stock worth $228,000 after acquiring an additional 4,486 shares during the period. Truvestments Capital LLC raised its stake in Aviat Networks by 26.2% during the 1st quarter. Truvestments Capital LLC now owns 10,654 shares of the communications equipment provider’s stock worth $408,000 after acquiring an additional 2,213 shares during the period. Finally, Private Advisor Group LLC raised its stake in Aviat Networks by 45.4% during the 1st quarter. Private Advisor Group LLC now owns 12,832 shares of the communications equipment provider’s stock worth $492,000 after acquiring an additional 4,009 shares during the period. Institutional investors own 78.62% of the company’s stock.
Aviat Networks Trading Down 4.2 %
Shares of AVNW opened at $21.63 on Tuesday. The company has a 50 day simple moving average of $26.13 and a two-hundred day simple moving average of $29.76. Aviat Networks, Inc. has a 1 year low of $18.00 and a 1 year high of $38.85. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.12 and a quick ratio of 1.79. The firm has a market cap of $271.78 million, a P/E ratio of 19.14 and a beta of 1.81.
Analyst Upgrades and Downgrades
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Aviat Networks Profile
Aviat Networks, Inc provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers, switches, and trunking; and private LTE, virtual fiber, and element management products; and hosted software products, such as aviat design, frequency assurance software, and health assurance software.
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