Harmonic IncHLIT
Market Cap: 1.4B
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
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
269% more call options, than puts
Call options by funds: $3.5M | Put options by funds: $950K
1% less capital invested
Capital invested by funds: $1.59B [Q4 2023] → $1.58B (-$8.8M) [Q1 2024]
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
2% less funds holding
Funds holding: 196 [Q4 2023] → 193 (-3) [Q1 2024]
3.48% less ownership
Funds ownership: 108.42% [Q4 2023] → 104.94% (-3.48%) [Q1 2024]
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
8 Wall Street Analysts provided 1 year price forecasts over the past 6 months
8 analyst ratings
Rosenblatt Steve Frankel | 50%upside $18 | Buy Maintained | 18 Jul 2024 |
Needham Ryan Koontz | 50%upside $18 | Buy Reiterated | 17 Jun 2024 |
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 |
Financial journalist opinion
Based on 6 articles about HLIT published over the past 30 days