Ceragon NetworksCRNT
Market Cap: $237M
About: Ceragon Networks Ltd is a wireless transport company in terms of unit shipments and global distribution of its business, providing high-capacity wireless connectivity solutions to global markets across various industries, mainly wireless (mobile) networks service providers. Geographically the company generates the major revenue from India. The company also has presence in North America, Europe, Africa, Asia-Pacific and Middle East, and Latin America. The company's products include IP-50 Platform, IP-20 Platform, Pointlink.
Employees: 1,046
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more call options, than puts
Call options by funds: $432K | Put options by funds: $326K
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
0.1% less ownership
Funds ownership: 14.99% [Q1] → 14.89% (-0.1%) [Q2]
3% less funds holding
Funds holding: 73 [Q1] → 71 (-2) [Q2]
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
21% less capital invested
Capital invested by funds: $40.5M [Q1] → $31.8M (-$8.62M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Needham Alex Henderson 72% 1-year accuracy 46 / 64 met price target | 90%upside $5.25 | Buy Reiterated | 8 Aug 2024 |
Financial journalist opinion
Based on 3 articles about CRNT published over the past 30 days