Harmonic, Inc (NASDAQ: HLIT) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Harmonic, Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Communication Equipment industry. The current market capitalization of Harmonic, Inc is $1.23B. A total of 1.78 million shares were traded on the day, compared to an average of 1.31M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, HLIT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, Whalen Daniel T bought 1,000 shares of HLIT for 9.99 per share on Feb 25 ’25. After the transaction, the Director now owns 9,840 company shares. In a previous transaction on Feb 24 ’25, Whalen Daniel T bought 3,000 shares at 10.15 per share. HLIT shares that Director owns now total 8,840.

Among the insiders who bought shares, KRALL DAVID acquired of 10,000 shares on Feb 13 ’25 at a per-share price of $9.78. This resulted in the Director holding 163,490 shares of HLIT after the transaction. In another insider transaction, Ben-Natan Nimrod bought 7,780 shares at $9.65 per share on Feb 13 ’25. Company shares held by the President and CEO now total 347,797.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for HLIT in the last 3 months, the mean price target is $11.75 with high estimates of $14.00 and low estimates of $10.00. In terms of 52-week highs and lows, HLIT has a high of $15.46 and a low of $8.42.

As of this writing, HLIT has an earnings estimate of $0.05 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $0.07 per share and a lower estimate of $0.04.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HLIT’s latest balance sheet shows that the firm has $133.43M in Cash & Short Term Investments as of fiscal 2021. There were $190.21M in debt and $224.46M in liabilities at the time. Its Book Value Per Share was $3.99, while its Total Shareholder’s Equity was $296.80M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HLIT is Buy with a score of 4.00.

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