Stock Traders Purchase High Volume of Calix Call Options (CALX)
Calix Inc (NYSE:CALX) saw some unusual options trading activity on Tuesday. Traders purchased 444 call options on the stock. This is an increase of approximately 771% compared to the typical daily volume of 51 call options.
Shares of Calix (NYSE:CALX) opened at $6.30 on Thursday. The firm has a market cap of $312.45, a P/E ratio of -3.87 and a beta of 0.72. Calix has a twelve month low of $4.65 and a twelve month high of $7.40.
In other Calix news, CFO Cory Sindelar purchased 5,000 shares of the stock in a transaction dated Thursday, November 30th. The shares were bought at an average price of $6.70 per share, with a total value of $33,500.00. Following the completion of the transaction, the chief financial officer now directly owns 15,000 shares in the company, valued at approximately $100,500. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 16.50% of the company’s stock.
Several research firms have recently issued reports on CALX. BidaskClub lowered shares of Calix from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Northland Securities raised shares of Calix from a “market perform” rating to an “outperform” rating in a research report on Wednesday. Zacks Investment Research raised shares of Calix from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Finally, ValuEngine raised shares of Calix from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $6.50.
WARNING: This piece of content was first posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://theolympiareport.com/2018/02/15/stock-traders-purchase-high-volume-of-calix-call-options-calx.html.
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.
Receive News & Ratings for Calix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calix and related companies with MarketBeat.com's FREE daily email newsletter.