AVIAT NETWORKS INC AVNW
COM NEW · Common Stock · CUSIP 05366Y201
Telecommunications company
- SectorTechnology
- IndustryRadio & Tv Broadcasting & Communications Equipment
- HeadquartersAustin, TX
- Websiteaviatnetworks.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 12.5m as of 2024-02-02, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $32.79. Options: 5 managers hold calls ($7.2m notional), 3 hold puts ($378.5k).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 119 |
| Q4 2022 | 120 |
| Q1 2023 | 118 |
| Q2 2023 | 114 |
| Q3 2023 | 123 |
| Q4 2023 | 129 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 52 | 56 |
| Q1 2023 | 51 | 45 |
| Q2 2023 | 48 | 60 |
| Q3 2023 | 57 | 46 |
| Q4 2023 | 72 | 36 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $7.7m | $112.9k | 0.01 |
| Q2 2023 | $7.4m | $323.3k | 0.04 |
| Q3 2023 | $5.6m | $638.9k | 0.11 |
| Q4 2023 | $7.2m | $378.5k | 0.05 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +221.5k |
| FMR LLC | Added | +206.3k |
| MORGAN STANLEY | Added | +188.2k |
| Hodges Capital Management Inc. | Added | +125.1k |
| Millrace Asset Group, Inc. | New | +49.5k |
| BlackRock Inc. | Added | +49.0k |
| 272 Capital LP | Added | +47.1k |
| Squarepoint Ops LLC | Added | +34.8k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Added | +30.0k |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | +29.9k |
Biggest sellers
| AIGH Capital Management LLC | Sold out | -317.5k |
| LSV ASSET MANAGEMENT | Reduced | -186.4k |
| Worth Venture Partners, LLC | Sold out | -75.0k |
| SG Capital Management LLC | Reduced | -57.6k |
| PUTNAM INVESTMENTS LLC | Reduced | -48.0k |
| Allspring Global Investments Holdings, LLC | Reduced | -47.5k |
| ROYCE & ASSOCIATES LP | Reduced | -36.0k |
| MACQUARIE GROUP LTD | Sold out | -35.8k |
| First Dallas Securities Inc. | Sold out | -34.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -25.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $3.5m106.6k shares |
| GROUP ONE TRADING LLC | Added | $1.6m47.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2m35.8k shares |
| SIMPLEX TRADING, LLC | Added | $1.0m31.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $313.5k9.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $65.0k2.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Tieton Capital Management, LLC 13G · institution new · filed 2025-02-11 | 5.1% |
Fell to 5% or below in the last year: ROYCE & ASSOCIATES LP (4.6%, 2026-10-13), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 1 | $51.7k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 2 | $66.1k | 4 | $62.1k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $29.8k | 0 | — | — |
| Q3 2023 | 0 | — | 5 | $814.5k | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| PARADIGM CAPITAL MANAGEMENT INC/NY 1.50% of their portfolio | 884.1k $28.9m | Added +6.3k |
| BlackRock Inc. 0.00% of their portfolio | 775.9k $25.3m | Added +49.0k |
| ROYCE & ASSOCIATES LP 0.18% of their portfolio | 610.3k $19.9m | Reduced -36.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 540.4k $17.6m | Added +26.1k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.98% of their portfolio | 512.4k $16.7m | Added +15.0k |
| Select Equity Group, L.P. 0.05% of their portfolio | 433.5k $14.2m | Added +22.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 401.5k $13.1m | Added +221.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 396.5k $13.0m | Added +6.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 269.9k $8.8m | Reduced -25.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 265.4k $8.7m | Reduced -1.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 251.8k $8.2m | Added +18.0k |
| MORGAN STANLEY 0.00% of their portfolio | 238.5k $7.8m | Added +188.2k |
| Hodges Capital Management Inc. 0.40% of their portfolio | 225.5k $7.4m | Added +125.1k |
| STATE STREET CORP 0.00% of their portfolio | 216.6k $7.1m | Added +13.2k |
| FMR LLC 0.00% of their portfolio | 207.1k $6.8m | Added +206.3k |
| 272 Capital LP 2.20% of their portfolio | 203.4k $6.5m | Added +47.1k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 195.3k $6.4m | Reduced -3.9k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 181.3k $5.9m | Reduced -186.4k |
| AWM Investment Company, Inc. 0.56% of their portfolio | 130.8k $4.3m | Added +7.2k |
| PenderFund Capital Management Ltd. 1.83% of their portfolio | 129.5k $5.6m | Unchanged |
| OBERWEIS ASSET MANAGEMENT INC/ 0.39% of their portfolio | 129.2k $4.2m | Added +3.9k |
| HERALD INVESTMENT MANAGEMENT Ltd 0.78% of their portfolio | 125.0k $4.1m | Added +15.0k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 124.4k $4.1m | Reduced -48.0k |
| Aristides Capital LLC 2.01% of their portfolio | 122.5k $4.0m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.13% of their portfolio | 116.4k $3.8m | Added +29.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 101.6k $3.3m | Added +2.5k |
| Driehaus Capital Management LLC 0.04% of their portfolio | 97.3k $3.2m | Reduced -38 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 82.8k $2.7m | Added +18.6k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.23% of their portfolio | 67.1k $2.2m | Added +30.0k |
| GLOBEFLEX CAPITAL L P 0.22% of their portfolio | 66.5k $2.2m | Reduced -2.4k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 63.7k $2.1m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 59.1k $1.9m | Added +2.0k |
| WHITE PINE CAPITAL LLC 0.73% of their portfolio | 58.2k $1.9m | Reduced -551 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 52.0k $1.7m | Added +10.8k |
| Millrace Asset Group, Inc. 1.60% of their portfolio | 49.5k $1.6m | New |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 49.2k $1.6m | Reduced -6.8k |
| Squarepoint Ops LLC 0.01% of their portfolio | 48.7k $1.6m | Added +34.8k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 41.2k $1.3m | Reduced -7.1k |
| Ancora Advisors LLC 0.03% of their portfolio | 40.1k $1.3m | Added +13.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 33.5k $1.1m | Added +6.7k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 33.5k $1.1m | Reduced -18.4k |
| TECTONIC ADVISORS LLC 0.09% of their portfolio | 33.1k $1.1m | Reduced -1.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 32.2k $1.1m | Added +1.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 31.2k $1.0m | Added +932 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 29.5k $963.1k | Unchanged |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 28.5k $930.0k | Added +5.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 26.8k $875.0k | Added +3.7k |
| Kent Lake Capital LLC 0.33% of their portfolio | 26.0k $849.8k | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 24.1k $786.2k | Reduced -2.5k |
| Campbell & CO Investment Adviser LLC 0.07% of their portfolio | 23.7k $772.9k | Added +6.6k |
| Atom Investors LP 0.13% of their portfolio | 23.1k $753.6k | New |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 21.0k $684.8k | Reduced -47.5k |
| Perritt Capital Management Inc 0.38% of their portfolio | 20.9k $684.2k | Reduced -1.0k |
| Alberta Investment Management Corp 0.01% of their portfolio | 20.5k $670.3k | Unchanged |
| DELPHI MANAGEMENT INC /MA/ 0.60% of their portfolio | 20.1k $658.0k | Added +9.4k |
| HERITAGE INVESTORS MANAGEMENT CORP 0.02% of their portfolio | 19.2k $626.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 18.2k $594.9k | Added +166 |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 18.1k $590.2k | New |
| Trexquant Investment LP 0.01% of their portfolio | 17.4k $568.7k | New |
| Petrus Trust Company, LTA 0.05% of their portfolio | 17.4k $567.9k | Added +8.2k |
| Invesco Ltd. 0.00% of their portfolio | 16.6k $543.5k | Reduced -5.6k |
| CORNERCAP INVESTMENT COUNSEL INC 0.09% of their portfolio | 16.4k $537.2k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 16.0k $523.4k | Added +14.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 15.4k $504.0k | Added +3.7k |
| Acuitas Investments, LLC 0.24% of their portfolio | 14.1k $459.6k | New |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 13.8k $450.6k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 13.4k $439.0k | Added +1.9k |
| HRT FINANCIAL LP 0.00% of their portfolio | 12.8k $418.0k | Reduced -7.0k |
| KIRR MARBACH & CO LLC /IN/ 0.11% of their portfolio | 12.6k $411.5k | Unchanged |
| Dynamic Technology Lab Private Ltd 0.04% of their portfolio | 12.3k $400.0k | New |
| Mesirow Financial Investment Management, Inc. 0.01% of their portfolio | 11.5k $355.3k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 11.3k $370.6k | Added +3.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 11.0k $358.9k | Reduced -2.1k |
| SG Capital Management LLC 0.13% of their portfolio | 11.0k $358.5k | Reduced -57.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 9.8k $321.5k | Added +135 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 9.8k $318.8k | Added +6.7k |
| Watershed Asset Management, L.L.C. 0.36% of their portfolio | 9.3k $305.2k | Added +841 |
| Private Advisor Group, LLC 0.00% of their portfolio | 8.8k $288.2k | Added +119 |
| Truvestments Capital LLC 0.12% of their portfolio | 8.4k $275.7k | Added +276 |
| LVZ, Inc. 0.04% of their portfolio | 8.3k $270.0k | Added +834 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 8.2k $267.0k | Reduced -1.4k |
| Nebula Research & Development LLC 0.08% of their portfolio | 8.2k $267.0k | New |
| AlphaQ Advisors LLC 0.18% of their portfolio | 8.1k $265.1k | New |
| BAILARD, INC. 0.01% of their portfolio | 7.8k $254.7k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 7.4k $242.7k | Added +999 |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 7.3k $238.5k | New |
| XTX Topco Ltd 0.05% of their portfolio | 6.6k $215.8k | Reduced -1.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 6.2k $203.0k | Added +1.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 6.0k $194.3k | Added +943 |
| TURTLE CREEK ASSET MANAGEMENT INC. 0.01% of their portfolio | 5.8k $189.4k | Added +1.8k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 5.7k $186.8k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 5.7k $184.9k | Added +132 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 5.6k $182.2k | Reduced -229 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.5k $179.5k | Added +4 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.4k $176.3k | Reduced -5.5k |
| UBS Group AG 0.00% of their portfolio | 4.0k $131.1k | Added +3.8k |
| INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 4.0k $130.6k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 3.0k $96.7k | Reduced -1.4k |
| Quantbot Technologies LP 0.01% of their portfolio | 2.9k $95.0k | Added +1.9k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 2.9k $93.0k | Added +19 |