Aviat Networks Inc. (NASDAQ:AVNW)’s share price was up 5.5% on Friday . The stock traded as high as $8.98 and last traded at $8.90, with a volume of 87,366 shares traded. The stock had previously closed at $8.44.
The firm has a 50-day moving average of $8.58 and a 200-day moving average of $7.96. The firm’s market cap is $46.82 million.
A hedge fund recently raised its stake in Aviat Networks stock. Royce & Associates LP raised its stake in shares of Aviat Networks Inc. (NASDAQ:AVNW) by 9.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,451,862 shares of the company’s stock after buying an additional 365,879 shares during the period. Royce & Associates LP owned about 7.06% of Aviat Networks worth $3,161,000 as of its most recent filing with the SEC. 54.52% of the stock is currently owned by institutional investors.
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About Aviat Networks
Aviat Networks, Inc designs, manufactures and sells a range of wireless networking products, solutions and services to mobile and fixed operators, private network operators, government agencies, transportation and utility companies, public safety agencies and broadcast network operators around the world.
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