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Calix, Inc $CALX Shares Purchased by Westfield Capital Management Co. LP
Westfield Capital Management Co. LP significantly increased its stake in Calix, Inc. by 135.0% in Q3, acquiring 392,947 additional shares, bringing its total to 684,096 shares valued at approximately $41.98 million. Calix also outperformed Q4 earnings estimates with $0.39 EPS and $272.4M revenue and authorized a $125 million share buyback, demonstrating a positive outlook from both institutional investors and the company’s board. Analysts currently maintain a “Moderate Buy” rating for Calix with an average price target of $77.50.