NBC Securities Inc. purchased a new stake in shares of Aviat Networks, Inc. (NASDAQ:AVNW – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,910 shares of the communications equipment provider’s stock, valued at approximately $62,000.
Several other large investors have also added to or reduced their stakes in the company. Rhumbline Advisers lifted its stake in shares of Aviat Networks by 2.9% during the 2nd quarter. Rhumbline Advisers now owns 18,716 shares of the communications equipment provider’s stock valued at $537,000 after buying an additional 523 shares in the last quarter. nVerses Capital LLC purchased a new position in shares of Aviat Networks in the second quarter valued at about $29,000. Delphi Management Inc. MA boosted its stake in shares of Aviat Networks by 6.5% in the first quarter. Delphi Management Inc. MA now owns 21,451 shares of the communications equipment provider’s stock worth $822,000 after acquiring an additional 1,305 shares during the period. Truvestments Capital LLC grew its position in shares of Aviat Networks by 26.2% during the first quarter. Truvestments Capital LLC now owns 10,654 shares of the communications equipment provider’s stock worth $408,000 after purchasing an additional 2,213 shares in the last quarter. Finally, Tectonic Advisors LLC raised its stake in Aviat Networks by 6.7% during the 1st quarter. Tectonic Advisors LLC now owns 35,368 shares of the communications equipment provider’s stock valued at $1,356,000 after purchasing an additional 2,221 shares during the period. Hedge funds and other institutional investors own 78.62% of the company’s stock.
Aviat Networks Trading Down 0.9 %
Shares of AVNW opened at $23.00 on Monday. The stock has a market capitalization of $289.00 million, a PE ratio of 20.35 and a beta of 1.80. The company’s fifty day moving average is $24.16 and its 200 day moving average is $28.34. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.79 and a current ratio of 2.12. Aviat Networks, Inc. has a fifty-two week low of $18.00 and a fifty-two week high of $38.85.
Analyst Ratings Changes
View Our Latest Analysis on Aviat Networks
Aviat Networks Company 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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