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 ≈ $2.46. Options: 5 managers hold calls ($110.3k notional), 7 hold puts ($1.9m).
Trends to Q2 2025
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 |
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 2023 | 20 | 22 |
| Q4 2023 | 17 | 24 |
| Q1 2024 | 43 | 23 |
| Q2 2024 | 32 | 28 |
| Q3 2024 | 41 | 26 |
| Q4 2024 | 52 | 34 |
| Q1 2025 | 39 | 52 |
| Q2 2025 | 39 | 37 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $209.1k | $73.0k | 0.35 |
| Q4 2024 | $2.8m | $493.7k | 0.17 |
| Q1 2025 | $420.4k | $1.8m | 4.23 |
| Q2 2025 | $110.3k | $1.9m | 17.59 |
Biggest buyers
| FIRST WILSHIRE SECURITIES MANAGEMENT INC | Added | +775.8k |
| CITADEL ADVISORS LLC | Added | +672.7k |
| Squarepoint Ops LLC | Added | +478.5k |
| JANE STREET GROUP, LLC | Added | +368.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +335.0k |
| NORTHERN TRUST CORP | Added | +328.0k |
| WealthTrust Axiom LLC | Added | +293.6k |
| Qube Research & Technologies Ltd | Added | +290.7k |
| SIMPLEX TRADING, LLC | Added | +252.3k |
| MORGAN STANLEY | Added | +243.6k |
Biggest sellers
| UBS Group AG | Reduced | -568.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -371.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -356.2k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -261.3k |
| MARSHALL WACE, LLP | Sold out | -234.7k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -227.0k |
| WINTON GROUP Ltd | Reduced | -205.0k |
| Cubist Systematic Strategies, LLC | Reduced | -191.8k |
| Russell Investments Group, Ltd. | Sold out | -141.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -135.4k |
Biggest calls
| WOLVERINE TRADING, LLC | Added | $84.8k34.6k shares |
| Caption Management, LLC | Reduced | $12.3k5.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.0k4.2k shares |
| GROUP ONE TRADING LLC | Reduced | $3.2k1.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $849.7k345.4k shares |
| SIMPLEX TRADING, LLC | Added | $444.0k180.7k shares |
| CITADEL ADVISORS LLC | Reduced | $408.1k165.9k shares |
| GROUP ONE TRADING LLC | Reduced | $161.6k65.7k shares |
| JANE STREET GROUP, LLC | Added | $39.1k15.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $37.0k15.1k 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 2025
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 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| FIRST WILSHIRE SECURITIES MANAGEMENT INC 2.72% of their portfolio | 4.1m $10.0m | Added +775.8k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.46% of their portfolio | 1.0m $2.5m | Reduced -7.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 933.4k $2.3m | Reduced -356.2k |
| KLCM Advisors, Inc. 0.21% of their portfolio | 796.0k $2.0m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 794.9k $2.0m | Added +243.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 726.3k $1.8m | Added +672.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 660.1k $1.6m | Added +335.0k |
| First Eagle Investment Management, LLC 0.00% of their portfolio | 590.9k $1.5m | Added +139.5k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 580.1k $1.4m | Added +290.7k |
| Squarepoint Ops LLC 0.00% of their portfolio | 552.9k $1.4m | Added +478.5k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 498.1k $1.2m | Added +368.5k |
| WealthTrust Axiom LLC 0.34% of their portfolio | 464.2k $1.1m | Added +293.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 429.5k $1.1m | Reduced -20.4k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 421.1k $1.0m | Reduced -227.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 406.1k $999.1k | Added +328.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 373.0k $917.5k | Added +89.8k |
| Legato Capital Management LLC 0.09% of their portfolio | 308.3k $758.4k | Reduced -747 |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 298.4k $734.1k | Reduced -49.6k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 286.7k $705.0k | Reduced -261.3k |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 285.9k $703.0k | Added +252.3k |
| Walleye Capital LLC 0.01% of their portfolio | 255.0k $627.2k | Reduced -91.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 253.0k $622.4k | Added +239.8k |
| Perritt Capital Management Inc 0.29% of their portfolio | 227.6k $559.9k | Unchanged |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 226.7k $557.6k | Reduced -191.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 185.2k $455.5k | Added +59 |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 140.0k $344.4k | Added +59.5k |
| Aristides Capital LLC 0.11% of their portfolio | 135.0k $332.1k | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 134.4k $330.5k | Added +62.0k |
| Caption Management, LLC 0.03% of their portfolio | 132.4k $325.7k | Reduced -8.2k |
| LPL Financial LLC 0.00% of their portfolio | 108.3k $266.3k | Reduced -93.7k |
| Engineers Gate Manager LP 0.00% of their portfolio | 93.3k $229.5k | Reduced -20.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 84.4k $207.7k | Reduced -371.3k |
| WINTON GROUP Ltd 0.01% of their portfolio | 76.2k $187.6k | Reduced -205.0k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 76.0k $187.0k | New |
| Invesco Ltd. 0.00% of their portfolio | 71.6k $176.1k | Reduced -40.9k |
| UBS Group AG 0.00% of their portfolio | 67.1k $165.0k | Reduced -568.0k |
| ALGERT GLOBAL LLC 0.00% of their portfolio | 55.6k $136.8k | Added +18.2k |
| Verition Fund Management LLC 0.00% of their portfolio | 55.0k $135.2k | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 46.4k $114.0k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 46.0k $113.2k | Reduced -60.2k |
| STATE STREET CORP 0.00% of their portfolio | 44.4k $109.2k | Reduced -708 |
| Almanack Investment Partners, LLC. 0.02% of their portfolio | 40.5k $99.7k | New |
| R Squared Ltd 0.05% of their portfolio | 39.5k $97.2k | Not comparable |
| JBF Capital, Inc. 0.01% of their portfolio | 36.5k $89.7k | Unchanged |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 31.7k $78.1k | Unchanged |
| DLK Investment Management, LLC 0.03% of their portfolio | 30.2k $74.3k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 29.5k $72.6k | Reduced -1.2k |
| IFP Advisors, Inc 0.00% of their portfolio | 25.0k $61.5k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 23.8k $58.4k | Added +11.6k |
| WEDBUSH SECURITIES INC 0.00% of their portfolio | 23.7k $58.0k | Added +8.7k |
| Dynamic Advisor Solutions LLC 0.00% of their portfolio | 23.0k $56.6k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.00% of their portfolio | 21.6k $53.0k | New |
| Virtu Financial LLC 0.00% of their portfolio | 21.5k $53.0k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 18.9k $46.0k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 17.8k $44.0k | New |
| ZACKS INVESTMENT MANAGEMENT 0.00% of their portfolio | 15.4k $38.0k | New |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 15.1k $37.0k | Reduced -7.6k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 14.3k $35.2k | New |
| BlackRock, Inc. 0.00% of their portfolio | 14.2k $35.0k | Added +1.0k |
| Axis Wealth Partners, LLC 0.02% of their portfolio | 10.7k $26.4k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 10.6k $26.1k | New |
| EAGLE WEALTH STRATEGIES LLC 0.01% of their portfolio | 10.0k $24.6k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 7.8k $19.1k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 5.9k $14.5k | Reduced -2.3k |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 5.3k $13.0k | Added +377 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 4.5k $11.1k | Added +2.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.9k $10.0k | Added +2.9k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 3.0k $7.3k | Reduced -3.6k |
| Caitong International Asset Management Co., Ltd 0.01% of their portfolio | 3.0k $7.3k | Added +2.7k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.7k $4.2k | Added +125 |
| MAI Capital Management 0.00% of their portfolio | 1.0k $2.5k | Unchanged |
| TSFG, LLC 0.00% of their portfolio | 850 $2.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 800 $2.0k | Added +200 |
| Park Square Financial Group, LLC 0.00% of their portfolio | 715 $1.8k | Unchanged |
| EASTERN BANK 0.00% of their portfolio | 427 $1.1k | Unchanged |
| Key Financial Inc 0.00% of their portfolio | 385 $947 | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 300 $738 | New |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 200 $492 | Unchanged |
| Blue Trust, Inc. 0.00% of their portfolio | 100 $246 | Unchanged |
| Anfield Capital Management, LLC 0.00% of their portfolio | 20 $49 | Unchanged |
| CoreCap Advisors, LLC 0.00% of their portfolio | 11 $27 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |