HLIT stock icon

Harmonic Inc
HLIT

$12.02
0.92%
 

About: Harmonic Inc designs and manufactures video infrastructure products and system solutions to deliver video and broadband services to consumer devices. The firm operates in two segments: Video, which sells video processing, production, and playout solutions to cable operators and satellite and telecommunications providers; and Broadband which sells broadband access solutions and related services. Majority of the revenue generated from the company is from United States.

Employees: 948

0
Funds holding %
of 6,665 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

326% more call options, than puts

Call options by funds: $3.46M | Put options by funds: $812K

1% less capital invested

Capital invested by funds: $1.59B [Q4 2023] → $1.58B (-$9.26M) [Q1 2024]

3% less funds holding

Funds holding: 196 [Q4 2023] → 191 (-5) [Q1 2024]

3.51% less ownership

Funds ownership: 108.42% [Q4 2023] → 104.91% (-3.51%) [Q1 2024]

15% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 33

16% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 76

33% less funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 4 (-2) [Q1 2024]

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$16
33%
upside
Avg. target
$18
50%
upside
High target
$19
58%
upside

10 analyst ratings

10 positive
100%
neutral
0%
negative
0%
Needham
Ryan Koontz
50%upside
$18
Buy
Reiterated
17 May 2024
Needham
Ryan Koontz
50%upside
$18
Buy
Reiterated
30 Apr 2024
Needham
Ryan Koontz
50%upside
$18
Buy
Reiterated
17 Apr 2024
Needham
Ryan Koontz
50%upside
$18
Buy
Reiterated
9 Apr 2024
Rosenblatt
Steve Frankel
33%upside
$16
Buy
Maintained
30 Jan 2024

Financial journalist opinion

Based on 10 articles about HLIT published over the past 30 days