Renaissance Technologies LLC boosted its position in shares of Aviat Networks, Inc. (NASDAQ:AVNW) by 12.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 259,483 shares of the communications equipment provider’s stock after buying an additional 29,434 shares during the period. Renaissance Technologies LLC’s holdings in Aviat Networks were worth $3,908,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. TFS Capital LLC bought a new position in shares of Aviat Networks during the first quarter worth approximately $160,000. Spark Investment Management LLC raised its stake in shares of Aviat Networks by 45.1% in the first quarter. Spark Investment Management LLC now owns 23,363 shares of the communications equipment provider’s stock valued at $351,000 after buying an additional 7,263 shares in the last quarter. Finally, Schneider Capital Management Corp raised its stake in shares of Aviat Networks by 1.0% in the first quarter. Schneider Capital Management Corp now owns 465,310 shares of the communications equipment provider’s stock valued at $7,008,000 after buying an additional 4,400 shares in the last quarter. Institutional investors own 48.85% of the company’s stock.
Aviat Networks, Inc. (NASDAQ:AVNW) opened at 16.31 on Friday. The stock’s 50 day moving average price is $17.84 and its 200 day moving average price is $16.71. The company’s market capitalization is $86.69 million. Aviat Networks, Inc. has a 12-month low of $8.08 and a 12-month high of $24.14.
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Aviat Networks Company Profile
Aviat Networks, Inc, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.
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