Donald Listwin (Calix Inc Chairman since 2007) purchased 15,000 shares on October 28th at $60, spending $900,000 and increasing his holdings to 1.1 million shares. Listwin has made 30 prior purchases and has been timely on most of them. We have him ranked as a “Smart Buyer”. He last purchased shares in February at $35.75, which proved timely.
We ranked the stock +1 based on that purchase, and now that he is spending slightly more at a meaningfully higher price level, we are once again ranking the stock +1.