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: 12.6m as of 2024-04-29, 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 ≈ $28.82. Options: 5 managers hold calls ($4.4m notional), 5 hold puts ($1.8m).
Trends to Q2 2024
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 |
| Q1 2024 | 108 |
| Q2 2024 | 119 |
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 |
| Q1 2024 | 53 | 59 |
| Q2 2024 | 63 | 44 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $5.6m | $638.9k | 0.11 |
| Q4 2023 | $7.2m | $378.5k | 0.05 |
| Q1 2024 | $8.1m | $2.6m | 0.32 |
| Q2 2024 | $4.4m | $1.8m | 0.41 |
Biggest buyers
| Hodges Capital Management Inc. | Added | +163.4k |
| Aristides Capital LLC | Added | +137.5k |
| Potrero Capital Research LLC | Added | +74.9k |
| VANGUARD GROUP INC | Added | +71.9k |
| ROYCE & ASSOCIATES LP | Added | +61.3k |
| Select Equity Group, L.P. | Added | +30.6k |
| Knights of Columbus Asset Advisors LLC | Added | +25.5k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +24.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +22.2k |
| TECTONIC ADVISORS LLC | Added | +19.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -413.9k |
| Driehaus Capital Management LLC | Sold out | -151.4k |
| G2 Investment Partners Management LLC | Reduced | -116.9k |
| JPMORGAN CHASE & CO | Reduced | -94.9k |
| FMR LLC | Reduced | -70.5k |
| First Eagle Investment Management, LLC | Reduced | -69.7k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Sold out | -57.5k |
| 272 Capital LP | Reduced | -45.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -38.5k |
| WOLVERINE TRADING, LLC | Sold out | -29.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.8m63.4k shares |
| SIMPLEX TRADING, LLC | Added | $1.4m48.7k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m39.5k shares |
| GROUP ONE TRADING LLC | Reduced | $11.5k400 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.3m43.6k shares |
| CITADEL ADVISORS LLC | Reduced | $464.8k16.2k shares |
| GROUP ONE TRADING LLC | Unchanged | $60.2k2.1k shares |
| SIMPLEX TRADING, LLC | Unchanged | $2.0k100 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 Q2 2024
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 2 | $35.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-07 | Klein Michele Director | Bought | $4.8k150 shares |
| 2024-05-06 | SMITH PETE A President and CEO | Bought | $30.7k1.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| PARADIGM CAPITAL MANAGEMENT INC/NY 1.31% of their portfolio | 999.6k $28.7m | Reduced -2.6k |
| BlackRock Inc. 0.00% of their portfolio | 767.4k $22.0m | Added +11.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 706.0k $20.3m | Reduced -94.9k |
| ROYCE & ASSOCIATES LP 0.17% of their portfolio | 642.1k $18.4m | Added +61.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 624.0k $17.9m | Added +71.9k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.93% of their portfolio | 550.5k $15.8m | Added +3.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 425.5k $12.2m | Added +8.0k |
| Select Equity Group, L.P. 0.04% of their portfolio | 380.2k $10.9m | Added +30.6k |
| Hodges Capital Management Inc. 0.71% of their portfolio | 365.5k $10.5m | Added +163.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 365.2k $10.5m | Added +24.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 282.2k $8.1m | Added +12.4k |
| Aristides Capital LLC 1.65% of their portfolio | 274.9k $7.9m | Added +137.5k |
| Potrero Capital Research LLC 3.04% of their portfolio | 246.1k $7.1m | Added +74.9k |
| STATE STREET CORP 0.00% of their portfolio | 233.8k $6.7m | Added +1.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 216.4k $6.2m | Reduced -38.5k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.35% of their portfolio | 199.3k $5.7m | Unchanged |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 181.3k $5.2m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.15% of their portfolio | 171.8k $4.9m | Reduced -8.5k |
| 272 Capital LP 2.39% of their portfolio | 166.4k $4.8m | Reduced -45.9k |
| HERALD INVESTMENT MANAGEMENT Ltd 0.73% of their portfolio | 155.0k $4.4m | Added +5.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 148.0k $4.2m | Added +13.3k |
| AWM Investment Company, Inc. 0.51% of their portfolio | 130.8k $3.8m | Unchanged |
| PenderFund Capital Management Ltd. 1.40% of their portfolio | 129.5k $5.1m | Unchanged |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 123.5k $3.5m | Reduced -69.7k |
| G2 Investment Partners Management LLC 0.89% of their portfolio | 120.0k $3.4m | Reduced -116.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 99.9k $2.9m | Reduced -2.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 98.2k $2.8m | Added +900 |
| MORGAN STANLEY 0.00% of their portfolio | 95.5k $2.7m | Reduced -413.9k |
| Knights of Columbus Asset Advisors LLC 0.14% of their portfolio | 77.3k $2.2m | Added +25.5k |
| GLOBEFLEX CAPITAL L P 0.20% of their portfolio | 66.5k $1.9m | Unchanged |
| Ancora Advisors LLC 0.04% of their portfolio | 58.7k $1.7m | Added +10.1k |
| TECTONIC ADVISORS LLC 0.11% of their portfolio | 54.9k $1.6m | Added +19.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 49.3k $1.4m | Reduced -7.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 47.9k $1.4m | Added +3.4k |
| Millrace Asset Group, Inc. 1.18% of their portfolio | 42.3k $1.2m | Reduced -12.2k |
| ANCHOR CAPITAL ADVISORS LLC 0.03% of their portfolio | 38.8k $1.1m | Added +4.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 37.3k $1.1m | Added +8.9k |
| WHITE PINE CAPITAL LLC 0.39% of their portfolio | 35.7k $1.0m | Reduced -23.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 35.3k $1.0m | Reduced -252 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 34.6k $992.7k | Added +5.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 32.2k $925.0k | Added +1.9k |
| Invesco Ltd. 0.00% of their portfolio | 26.9k $771.9k | Reduced -1.4k |
| Kent Lake Capital LLC 0.34% of their portfolio | 26.0k $746.5k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 24.6k $706.6k | Added +2.2k |
| DELPHI MANAGEMENT INC /MA/ 0.56% of their portfolio | 23.8k $682.0k | Added +2.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 22.5k $645.7k | Reduced -19.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 22.2k $637.0k | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 21.2k $608.1k | Reduced -8.1k |
| Perritt Capital Management Inc 0.33% of their portfolio | 20.9k $601.1k | Unchanged |
| Alberta Investment Management Corp 0.01% of their portfolio | 20.5k $588.9k | Unchanged |
| HERITAGE INVESTORS MANAGEMENT CORP 0.02% of their portfolio | 19.2k $550.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 18.7k $537.0k | Added +523 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 17.6k $505.1k | Added +2.4k |
| Bright Futures Wealth Management, LLC. 0.26% of their portfolio | 17.0k $484.1k | Added +2.4k |
| SHERBROOKE PARK ADVISERS LLC 0.08% of their portfolio | 16.9k $484.1k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 15.6k $446.2k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 15.2k $435.1k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 14.5k $414.9k | Added +5.7k |
| Acuitas Investments, LLC 0.22% of their portfolio | 14.1k $403.8k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 13.9k $398.5k | Added +5.5k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 13.9k $398.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 13.3k $382.0k | Added +3.1k |
| Private Advisor Group, LLC 0.00% of their portfolio | 12.6k $361.8k | Reduced -222 |
| KIRR MARBACH & CO LLC /IN/ 0.09% of their portfolio | 12.6k $361.5k | Unchanged |
| Truvestments Capital LLC 0.13% of their portfolio | 11.4k $326.7k | Added +732 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 10.8k $309.6k | Added +3.3k |
| Corton Capital Inc. 0.13% of their portfolio | 8.9k $254.7k | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 8.7k $249.5k | Reduced -205 |
| Nebula Research & Development LLC 0.04% of their portfolio | 8.4k $241.6k | Added +76 |
| UBS Group AG 0.00% of their portfolio | 8.0k $229.8k | Reduced -3.5k |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 7.0k $200.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 6.8k $194.2k | Added +467 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 6.5k $186.7k | First filing |
| MetLife Investment Management, LLC 0.00% of their portfolio | 6.4k $182.8k | Added +652 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 6.1k $175.7k | First filing |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 5.9k $168.5k | Reduced -148 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.5k $157.7k | Reduced -98 |
| State of Wyoming 0.02% of their portfolio | 4.9k $141.2k | New |
| TURTLE CREEK ASSET MANAGEMENT INC. 0.00% of their portfolio | 4.3k $123.4k | Added +500 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 4.2k $121.9k | Reduced -900 |
| BARCLAYS PLC 0.00% of their portfolio | 4.0k $114.8k | Reduced -4.0k |
| INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 4.0k $114.8k | Unchanged |
| EntryPoint Capital, LLC 0.05% of their portfolio | 3.4k $98.4k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 3.1k $88.7k | New |
| CITIGROUP INC 0.00% of their portfolio | 3.1k $88.6k | Added +591 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 3.1k $87.8k | Added +172 |
| Quent Capital, LLC 0.01% of their portfolio | 2.5k $71.7k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.0k $58.6k | Added +1.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.9k $55.6k | Reduced -3.5k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.1k $31.3k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 1.0k $28.7k | Unchanged |
| nVerses Capital, LLC 0.02% of their portfolio | 1.0k $28.7k | New |
| Legal & General Group Plc 0.00% of their portfolio | 939 $26.9k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 900 $25.8k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 825 $23.7k | Reduced -320 |
| Covestor Ltd 0.01% of their portfolio | 626 $18.0k | Reduced -5.3k |
| Redwood Wealth Management Group, LLC 0.01% of their portfolio | 556 $16.0k | New |
| FMR LLC 0.00% of their portfolio | 401 $11.5k | Reduced -70.5k |
| AMALGAMATED BANK 0.00% of their portfolio | 378 $11.0k | Unchanged |
| INNEALTA CAPITAL, LLC 0.00% of their portfolio | 214 $6.1k | New |