CERAGON NETWORKS LTD CRNT
ORD · Common Stock · CUSIP M22013102
Networking equipment vendor
- SectorTechnology
- IndustryRadio & Tv Broadcasting & Communications Equipment
- HeadquartersTel Aviv, Israel
- Founded1996
- Websiteceragon.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. Implied quarter-end price ≈ $2.59. Options: 7 managers hold calls ($2.0m notional), 2 hold puts ($117.3k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 72 |
| Q4 2022 | 72 |
| Q1 2023 | 58 |
| Q2 2023 | 57 |
| Q3 2023 | 54 |
| Q4 2023 | 55 |
| Q1 2024 | 74 |
| Q2 2024 | 72 |
| Q3 2024 | 78 |
| Q4 2024 | 91 |
| Q1 2025 | 83 |
| Q2 2025 | 82 |
| Q3 2025 | 76 |
| Q4 2025 | 71 |
| Q1 2026 | 81 |
| Q2 2026 | 78 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 41 | 26 |
| Q4 2024 | 52 | 34 |
| Q1 2025 | 39 | 52 |
| Q2 2025 | 39 | 37 |
| Q3 2025 | 34 | 40 |
| Q4 2025 | 28 | 44 |
| Q1 2026 | 45 | 29 |
| Q2 2026 | 38 | 30 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $436.1k | $318.8k | 0.73 |
| Q4 2025 | $455.7k | $88.0k | 0.19 |
| Q1 2026 | $797.3k | $1.5m | 1.90 |
| Q2 2026 | $2.0m | $117.3k | 0.06 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.1m |
| Point72 Asset Management, L.P. | Added | +773.8k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +580.8k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +360.8k |
| MARSHALL WACE, LLP | Added | +269.4k |
| Qube Research & Technologies Ltd | Added | +233.5k |
| Stanley-Laman Group, Ltd. | Added | +222.6k |
| CSM Advisors, LLC | Added | +211.4k |
| NewEdge Wealth, LLC | New | +175.2k |
| AMERICAN CENTURY COMPANIES INC | Added | +151.9k |
Biggest sellers
| CITADEL ADVISORS LLC | Sold out | -433.3k |
| Penn Capital Management Company, LLC | Sold out | -398.1k |
| First Eagle Investment Management, LLC | Sold out | -257.0k |
| JANE STREET GROUP, LLC | Sold out | -171.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -166.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -133.8k |
| GSA CAPITAL PARTNERS LLP | Reduced | -79.0k |
| Man Group plc | Reduced | -59.5k |
| NORTHERN TRUST CORP | Reduced | -56.9k |
| SEVEN MILE ADVISORY | Sold out | -44.7k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $656.0k253.3k shares |
| Caption Management, LLC | New | $497.3k192.0k shares |
| CITADEL ADVISORS LLC | Added | $406.1k156.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $160.8k62.1k shares |
| GROUP ONE TRADING LLC | Added | $132.9k51.3k shares |
| IMC-Chicago, LLC | New | $110.9k42.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.9k1.9k shares |
Biggest puts
| GROUP ONE TRADING LLC | Added | $68.4k26.4k shares |
| CITADEL ADVISORS LLC | Reduced | $49.0k18.9k 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 |
|---|---|
SAMBERG JOSEPH D
13D · may seek influence
filed 2025-02-27
Stated purposeItem 4 is hereby amended to add the following: The Reporting Persons acquired Ordinary Shares of the Issuer in the February Transactions as described in Item 5(c). On February 25, 2025, as a result of the February Transaction on that day, Mr. Samberg became the beneficial owner of more than 10% of the Ordinary Shares of the Issuer currently outstanding. Neither of the Reporting Persons has a present plan or proposal that relates to, or could result in, any of the events referred to in paragraphs (a) through (j) inclusive, of Item 4 of Schedule 13D. Full filing |
11.0% |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC 13G · institution new · filed 2026-05-11 | 5.3% |
Insider purchases and sales since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $32.6k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-12 | Makov Efrat Director | Sold | $15.0k5.0k shares |
| 2026-05-22 | Makov Efrat Director | Sold | $17.7k6.7k 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 2026
| Manager | Shares | Change |
|---|---|---|
| FIRST WILSHIRE SECURITIES MANAGEMENT INC 2.57% of their portfolio | 4.8m $12.5m | Reduced -43.1k |
| CSM Advisors, LLC 0.14% of their portfolio | 2.5m $6.4m | Added +211.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 1.6m $4.0m | Added +1.1m |
| Private Advisor Group, LLC 0.02% of their portfolio | 1.4m $3.7m | Added +6.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 976.6k $2.5m | Added +269.4k |
| WealthTrust Axiom LLC 0.55% of their portfolio | 957.2k $2.5m | Added +13.0k |
| Stanley-Laman Group, Ltd. 0.24% of their portfolio | 914.4k $2.4m | Added +222.6k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 813.9k $2.1m | Added +773.8k |
| KLCM Advisors, Inc. 0.17% of their portfolio | 795.5k $2.1m | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 598.3k $1.5m | Added +580.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 575.3k $1.5m | Added +360.8k |
| MORGAN STANLEY 0.00% of their portfolio | 495.8k $1.3m | Added +15.6k |
| XTX Topco Ltd 0.01% of their portfolio | 392.5k $1.0m | Added +133.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 334.4k $866.0k | Unchanged |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 331.4k $858.3k | Added +233.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 285.8k $740.3k | Reduced -56.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 281.4k $728.9k | Reduced -133.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 261.8k $678.0k | Reduced -166.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 210.6k $545.4k | Added +151.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 201.2k $496.9k | Added +11.5k |
| Aristides Capital LLC 0.12% of their portfolio | 176.1k $456.1k | Added +13.1k |
| NewEdge Wealth, LLC 0.00% of their portfolio | 175.2k $453.8k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 159.8k $413.9k | Added +108.4k |
| WINTON GROUP Ltd 0.01% of their portfolio | 117.3k $303.8k | Added +3.8k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 113.1k $293.0k | New |
| NANO CAP NEW MILLENNIUM GROWTH FUND L P 0.20% of their portfolio | 100.0k $259.0k | Added +25.0k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 97.6k $252.8k | New |
| UBS Group AG 0.00% of their portfolio | 92.3k $239.1k | Added +15.3k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 87.5k $206.5k | Reduced -1.0k |
| Man Group plc 0.00% of their portfolio | 80.5k $208.4k | Reduced -59.5k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 78.2k $202.6k | Added +59.4k |
| Caption Management, LLC 0.01% of their portfolio | 76.8k $198.8k | Reduced -23.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 62.7k $162.3k | Reduced -37.7k |
| R Squared Ltd 0.08% of their portfolio | 57.2k $148.2k | Added +1.4k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 56.2k $145.5k | Added +32.1k |
| STATE STREET CORP 0.00% of their portfolio | 54.9k $142.2k | Added +570 |
| AXQ CAPITAL, LP 0.01% of their portfolio | 48.7k $126.0k | Added +19.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 46.4k $120.1k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 39.3k $101.8k | Reduced -27.2k |
| JBF Capital, Inc. 0.01% of their portfolio | 36.5k $94.4k | Unchanged |
| DLK Investment Management, LLC 0.03% of their portfolio | 30.2k $75.5k | Added +9.0k |
| Kathmere Capital Management, LLC 0.00% of their portfolio | 30.0k $77.7k | New |
| IFP Advisors, Inc 0.00% of their portfolio | 28.5k $73.8k | Unchanged |
| Virtu Financial LLC 0.00% of their portfolio | 27.9k $72.0k | Added +1.7k |
| WEDBUSH SECURITIES INC 0.00% of their portfolio | 23.7k $61.0k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 22.6k $58.5k | Reduced -785 |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 22.4k $57.9k | New |
| BlackRock, Inc. 0.00% of their portfolio | 22.1k $57.3k | Added +2.5k |
| CITIGROUP INC 0.00% of their portfolio | 21.7k $56.1k | Reduced -263 |
| GSA CAPITAL PARTNERS LLP 0.00% of their portfolio | 20.6k $53.0k | Reduced -79.0k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 18.3k $47.4k | Unchanged |
| Costello Asset Management, INC 0.01% of their portfolio | 14.5k $37.6k | New |
| Graham Capital Management, L.P. 0.00% of their portfolio | 12.4k $32.2k | Reduced -202 |
| Axis Wealth Partners, LLC 0.01% of their portfolio | 10.7k $27.8k | Unchanged |
| Spark Investment Management LLC 0.05% of their portfolio | 10.4k $27.0k | New |
| Solstein Capital, LLC 0.01% of their portfolio | 10.4k $26.9k | Unchanged |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 10.4k $26.9k | Reduced -7.3k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 10.0k $25.9k | New |
| Decker Wealth Management LLC 0.01% of their portfolio | 10.0k $25.9k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 5.0k $12.9k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.1k $11.0k | Reduced -708 |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 3.6k $9.2k | Added +76 |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 3.2k $8.3k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 2.5k $6.5k | Unchanged |
| Bullock Wealth Management Group 0.00% of their portfolio | 2.5k $6.3k | First filing |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.2k $5.8k | Reduced -4.9k |
| First Command Advisory Services, Inc. 0.00% of their portfolio | 1.6k $4.2k | Unchanged |
| TSFG, LLC 0.00% of their portfolio | 1.3k $3.0k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 700 $1.8k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 600 $1.6k | Unchanged |
| EASTERN BANK 0.00% of their portfolio | 427 $1.1k | Unchanged |
| LifeSteps Financial, Inc. 0.00% of their portfolio | 426 $1.1k | New |
| Key Financial Inc 0.00% of their portfolio | 385 $997 | Unchanged |
| Kingdom Financial Group LLC. 0.00% of their portfolio | 215 $557 | Unchanged |
| Blue Trust, Inc. 0.00% of their portfolio | 100 $259 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 31 $80 | Reduced -7.0k |
| Bogart Wealth, LLC 0.00% of their portfolio | 25 $65 | Unchanged |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 8 $21 | Added +5 |