OxFORD Asset Management LLP purchased a new stake in shares of Aviat Networks Inc (NASDAQ:AVNW) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 19,894 shares of the communications equipment provider’s stock, valued at approximately $340,000. OxFORD Asset Management LLP owned about 0.37% of Aviat Networks as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in AVNW. Northern Trust Corp increased its position in shares of Aviat Networks by 4.8% during the 2nd quarter. Northern Trust Corp now owns 12,949 shares of the communications equipment provider’s stock valued at $225,000 after purchasing an additional 588 shares during the last quarter. EAM Investors LLC bought a new position in shares of Aviat Networks during the 2nd quarter valued at approximately $410,000. Schneider Capital Management Corp grew its stake in shares of Aviat Networks by 11.5% during the 2nd quarter. Schneider Capital Management Corp now owns 518,792 shares of the communications equipment provider’s stock valued at $9,027,000 after acquiring an additional 53,482 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in shares of Aviat Networks during the 2nd quarter valued at approximately $306,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Aviat Networks by 73.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,985 shares of the communications equipment provider’s stock valued at $152,000 after acquiring an additional 3,807 shares during the period. 51.17% of the stock is owned by hedge funds and other institutional investors.
Shares of Aviat Networks Inc (NASDAQ AVNW) traded up $0.18 during trading hours on Friday, hitting $17.76. The company had a trading volume of 20,835 shares, compared to its average volume of 16,285. The company has a market cap of $94.45, a P/E ratio of -104.46 and a beta of 0.93. Aviat Networks Inc has a 52 week low of $10.35 and a 52 week high of $24.14.
Aviat Networks (NASDAQ:AVNW) last posted its quarterly earnings results on Monday, November 13th. The communications equipment provider reported ($0.12) earnings per share for the quarter. Aviat Networks had a positive return on equity of 3.35% and a negative net margin of 0.35%.
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Aviat Networks Profile
Aviat Networks, Inc, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.
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