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 ≈ $2.50. Options: 6 managers hold calls ($432.2k notional), 5 hold puts ($326.0k).
Trends to Q2 2024
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 |
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 | 30 | 25 |
| Q1 2023 | 19 | 33 |
| Q2 2023 | 15 | 27 |
| Q3 2023 | 20 | 22 |
| Q4 2023 | 17 | 24 |
| Q1 2024 | 43 | 23 |
| Q2 2024 | 32 | 28 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $122.2k | $521.7k | 4.27 |
| Q4 2023 | $690.7k | $224.9k | 0.33 |
| Q1 2024 | $1.1m | $517.6k | 0.48 |
| Q2 2024 | $432.2k | $326.0k | 0.75 |
Biggest buyers
| ACADIAN ASSET MANAGEMENT LLC | Added | +400.2k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +168.4k |
| ESSEX INVESTMENT MANAGEMENT CO LLC | Added | +167.3k |
| LAZARD ASSET MANAGEMENT LLC | Added | +84.6k |
| Vident Advisory, LLC | New | +83.9k |
| SIMPLEX TRADING, LLC | Added | +67.1k |
| Federation des caisses Desjardins du Quebec | New | +59.3k |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | +53.5k |
| Walleye Capital LLC | Added | +37.6k |
| OCCUDO QUANTITATIVE STRATEGIES LP | Added | +24.0k |
Biggest sellers
| Inspire Investing, LLC | Sold out | -276.4k |
| CITADEL ADVISORS LLC | Reduced | -235.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -113.2k |
| Squarepoint Ops LLC | Sold out | -99.9k |
| XTX Topco Ltd | Sold out | -75.6k |
| MORGAN STANLEY | Reduced | -70.4k |
| Millrace Asset Group, Inc. | Reduced | -47.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -32.2k |
| HRT FINANCIAL LP | Sold out | -29.4k |
| TUCKER ASSET MANAGEMENT LLC | Sold out | -28.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $169.5k67.8k shares |
| GROUP ONE TRADING LLC | Added | $124.5k49.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $111.8k44.7k shares |
| SIMPLEX TRADING, LLC | Added | $24.0k9.7k shares |
| Caption Management, LLC | Reduced | $2.5k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $228.8k91.5k shares |
| CITADEL ADVISORS LLC | Reduced | $81.0k32.4k shares |
| GROUP ONE TRADING LLC | Added | $11.2k4.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.0k2.2k 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 |
|---|---|
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 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.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| FIRST WILSHIRE SECURITIES MANAGEMENT INC 2.29% of their portfolio | 3.0m $7.5m | Reduced -25.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 2.0m $4.9m | Added +400.2k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.58% of their portfolio | 1.2m $3.1m | Added +167.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 843.9k $2.1m | Reduced -22.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 643.8k $1.6m | Added +168.4k |
| First Eagle Investment Management, LLC 0.00% of their portfolio | 520.0k $1.3m | Reduced -22.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 468.3k $1.2m | Reduced -7.5k |
| Legato Capital Management LLC 0.14% of their portfolio | 429.0k $1.1m | Unchanged |
| Millrace Asset Group, Inc. 0.93% of their portfolio | 382.7k $957.0k | Reduced -47.7k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 368.8k $922.1k | Added +53.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 340.8k $852.0k | Reduced -32.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 340.2k $850.5k | Reduced -8.7k |
| Perritt Capital Management Inc 0.30% of their portfolio | 217.6k $544.0k | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 179.4k $448.0k | Added +84.6k |
| Walleye Capital LLC 0.00% of their portfolio | 145.5k $363.8k | Added +37.6k |
| Invesco Ltd. 0.00% of their portfolio | 143.7k $359.2k | Added +1.6k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 103.0k $257.6k | Reduced -18.1k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 102.1k $255.1k | Added +3.4k |
| Caption Management, LLC 0.02% of their portfolio | 88.9k $222.1k | Added +19.6k |
| Vident Advisory, LLC 0.01% of their portfolio | 83.9k $209.8k | New |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 72.1k $180.0k | Added +67.1k |
| WealthTrust Axiom LLC 0.06% of their portfolio | 71.2k $178.0k | Added +11.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 62.2k $155.5k | Reduced -235.6k |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 59.3k $148.3k | New |
| OMERS ADMINISTRATION Corp 0.00% of their portfolio | 47.2k $117.9k | Added +8.6k |
| Engineers Gate Manager LP 0.00% of their portfolio | 47.1k $117.7k | Reduced -1.2k |
| STATE STREET CORP 0.00% of their portfolio | 46.1k $115.2k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 42.4k $106.1k | Reduced -3.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 41.0k $102.4k | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 39.2k $98.0k | Added +14.8k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio | 39.1k $97.7k | Added +24.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 38.4k $96.1k | Added +89 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 33.4k $83.6k | Reduced -113.2k |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 32.3k $80.8k | Added +1.8k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 32.0k $80.0k | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 31.7k $79.3k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 30.8k $77.0k | Reduced -70.4k |
| DLK Investment Management, LLC 0.03% of their portfolio | 30.2k $75.5k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 28.8k $72.0k | Added +2.7k |
| Worth Venture Partners, LLC 0.55% of their portfolio | 28.0k $69.9k | Reduced -18.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 27.4k $68.6k | Added +8.6k |
| UBS Group AG 0.00% of their portfolio | 27.2k $68.1k | Added +10.3k |
| IFP Advisors, Inc 0.00% of their portfolio | 25.0k $62.5k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 23.7k $59.3k | New |
| Dynamic Advisor Solutions LLC 0.00% of their portfolio | 23.0k $57.5k | Unchanged |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 22.6k $56.5k | New |
| SMITH, MOORE & CO. 0.01% of their portfolio | 21.0k $52.5k | Unchanged |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 16.5k $41.2k | Unchanged |
| WEDBUSH SECURITIES INC 0.00% of their portfolio | 14.9k $37.0k | Unchanged |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 12.4k $31.0k | Added +1.1k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 11.5k $28.8k | Added +100 |
| WINTON GROUP Ltd 0.00% of their portfolio | 10.3k $25.6k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 10.2k $25.5k | Unchanged |
| EAGLE WEALTH STRATEGIES LLC 0.02% of their portfolio | 10.0k $25.0k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 8.9k $22.3k | Reduced -3.6k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 7.3k $18.2k | Added +7.0k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 5.6k $14.0k | Reduced -20.6k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 5.5k $13.9k | Reduced -27.2k |
| Ashton Thomas Private Wealth, LLC 0.00% of their portfolio | 2.0k $5.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.9k $5.0k | Reduced -5.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.0k $2.5k | Reduced -700 |
| Nordwand Advisors, LLC 0.00% of their portfolio | 1.0k $2.5k | New |
| Aspire Private Capital, LLC 0.00% of their portfolio | 865 $2.2k | Unchanged |
| Harel Insurance Investments & Financial Services Ltd. 0.00% of their portfolio | 707 $2.0k | Added +174 |
| Global Retirement Partners, LLC 0.00% of their portfolio | 661 $1.7k | Unchanged |
| Key Financial Inc 0.00% of their portfolio | 385 $962 | Unchanged |
| WASHINGTON TRUST Co 0.00% of their portfolio | 300 $750 | Unchanged |
| Redwood Wealth Management Group, LLC 0.00% of their portfolio | 250 $625 | New |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 205 $513 | Added +5 |
| Blue Trust, Inc. 0.00% of their portfolio | 100 $320 | Unchanged |
| CoreCap Advisors, LLC 0.00% of their portfolio | 11 $28 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |