Favorable News Coverage Somewhat Unlikely to Affect Calix (CALX) Stock Price

Media coverage about Calix (NYSE:CALX) has trended positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Calix earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned media stories about the communications equipment provider an impact score of 45.5344759640085 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s analysis:

Shares of Calix (CALX) opened at $6.60 on Wednesday. Calix has a twelve month low of $4.65 and a twelve month high of $7.75.

CALX has been the subject of a number of research reports. BidaskClub upgraded Calix from a “hold” rating to a “buy” rating in a report on Tuesday, October 17th. Zacks Investment Research lowered Calix from a “hold” rating to a “sell” rating in a report on Monday, November 13th. Finally, ValuEngine upgraded Calix from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $6.50.

In other news, CFO Cory Sindelar purchased 5,000 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was purchased at an average price of $6.70 per share, for a total transaction of $33,500.00. Following the completion of the acquisition, the chief financial officer now owns 15,000 shares of the company’s stock, valued at $100,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 16.50% of the stock is currently owned by insiders.

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Calix Company Profile

Calix, Inc provides broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks.

Insider Buying and Selling by Quarter for Calix (NYSE:CALX)

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