Harmonic (HLIT)

Harmonic Delaware, L.L.C. • Harmonic Germany GmbH • Harmonic India Private Limited • Harmonic International GmbH • Harmonic International Inc • Harmonic Lightwaves (Israel) Ltd • Harmonic Singapore P.T.E. Ltd. • Harmonic Technologies (HK) Limited • Harmonic (UK) Limited • Harmonic Video Networks Ltd. ...

IRS number

770201147

HLIT stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$14.70

Low target

$12.50

High target

$17.00

Northland Capital Markets

Latest filings (excl ownership)

View all

S-8

Registration of securities for employees

1 Nov 24

Harmonic Announces Third Quarter 2024 Results

28 Oct 24

8-K

Harmonic Reappoints Dan Whalen to its Board of Directors

21 Aug 24

8-K

Harmonic Announces Second Quarter 2024 Results

29 Jul 24

8-K

Harmonic Appoints Neel Dev to its Board of Directors

23 Jul 24

8-K

Submission of Matters to a Vote of Security Holders

13 Jun 24

Conflict minerals disclosure

31 May 24

DEFA14A

Additional proxy soliciting materials

2 May 24

Transcripts

View all

HLIT

Earnings call transcript

2024 Q3

28 Oct 24

HLIT

Earnings call transcript

2024 Q2

29 Jul 24

HLIT

Earnings call transcript

2024 Q1

29 Apr 24

HLIT

Earnings call transcript

2023 Q4

29 Jan 24

HLIT

Earnings call transcript

2023 Q3

30 Oct 23

HLIT

Earnings call transcript

2023 Q2

31 Jul 23

HLIT

Earnings call transcript

2023 Q2

31 Jul 23

HLIT

Earnings call transcript

2023 Q1

8 May 23

HLIT

Earnings call transcript

2022 Q4

30 Jan 23

HLIT

Earnings call transcript

2022 Q3

1 Nov 22

Latest ownership filings

View all

WELLINGTON MANAGEMENT GROUP LLP

Trigran Investments, Inc.

Financial summary

Financial statements Chart HLIT financial data

Quarter (USD)	Sep 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	58.50 mm	58.50 mm	58.50 mm	58.50 mm	58.50 mm	58.50 mm
Cash burn (monthly)	8.60 mm	1.04 mm	(no burn)	(no burn)	585.00 k	(no burn)
Cash used (since last report)	24.82 mm	3.01 mm	n/a	n/a	1.69 mm	n/a
Cash remaining	33.68 mm	55.49 mm	n/a	n/a	56.81 mm	n/a
Runway (months of cash)	3.9	53.1	n/a	n/a	97.1	n/a

Beta Read what these cash burn values mean

Financial data from Harmonic earnings reports.

Institutional ownership, Q2 2024

HLIT institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	208	179	+16.2%
Opened positions	55	49	+12.2%
Closed positions	26	31	-16.1%
Increased positions	69	47	+46.8%
Reduced positions	61	60	+1.7%

13F shares	Current	Prev Q	Change
Total value	1.31 tn	1.41 tn	-7.3%
Total shares	119.28 mm	117.48 mm	+1.5%
Total puts	31.00 k	31.10 k	-0.3%
Total calls	119.70 k	245.20 k	-51.2%
Total put/call ratio	0.3	0.1	+104.2%

Largest owners	Shares	Value	Change
BLK BlackRock	17.64 mm	$207.67 bn	+1.1%
Vanguard	10.39 mm	$122.30 bn	+5.5%
Trigran Investments	6.64 mm	$78.21 bn	-3.7%
CMCSA Comcast	6.64 mm	$31.36 mm	0.0%
Scopia Capital Management	5.60 mm	$65.89 bn	+28.6%
IVZ Invesco	4.62 mm	$54.34 bn	-3.4%
STT State Street	4.36 mm	$51.38 bn	-0.6%
Wellington Management	4.03 mm	$47.46 bn	-59.9%
Dimensional Fund Advisors	3.74 mm	$44.04 bn	+8.6%
Ancora Advisors	2.93 mm	$34.45 bn	-0.0%

Largest transactions	Shares	Bought/sold	Change
Wellington Management	4.03 mm	-6.04 mm	-59.9%
Alyeska Investment	2.11 mm	+2.11 mm	NEW
Fuller & Thaler Asset Management	15.00	-1.80 mm	-100.0%
Clearline Capital	1.57 mm	+1.57 mm	NEW
AMP Ameriprise Financial	341.64 k	-1.43 mm	-80.8%
Analog Century Management	0.00	-1.40 mm	EXIT
Polar Asset Management Partners	1.31 mm	+1.31 mm	NEW
Scopia Capital Management	5.60 mm	+1.24 mm	+28.6%
Cinctive Capital Management	0.00	-1.15 mm	EXIT
Jane Street	143.50 k	-1.06 mm	-88.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HLIT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
22 Nov 24	Walter Jankovic	Common Stock	Payment of exercise	Dispose F	No	No	12.47	2,345	29.24 k	34,129
22 Nov 24	Walter Jankovic	Common Stock	Option exercise	Acquire M	No	No	0	6,645	0.00	36,474
22 Nov 24	Walter Jankovic	RSU Common Stock	Option exercise	Dispose M	No	No	0	6,645	0.00	39,867
15 Nov 24	Ben-Natan Nimrod	Common Stock	Option exercise	Acquire M	No	No	0	12,601	0.00	340,017
15 Nov 24	Ben-Natan Nimrod	RSU Common Stock	Option exercise	Dispose M	No	No	0	5,803	0.00	29,016
15 Nov 24	Ben-Natan Nimrod	RSU Common Stock	Option exercise	Dispose M	No	No	0	6,798	0.00	6,798
15 Nov 24	Timothy C Chu	Common Stock	Payment of exercise	Dispose F	No	No	11.92	4,242	50.56 k	74,615
15 Nov 24	Timothy C Chu	Common Stock	Option exercise	Acquire M	No	No	0	12,021	0.00	78,857
15 Nov 24	Timothy C Chu	RSU Common Stock	Option exercise	Dispose M	No	No	0	5,223	0.00	26,115
15 Nov 24	Timothy C Chu	RSU Common Stock	Option exercise	Dispose M	No	No	0	6,798	0.00	6,798