AVNWNasdaqRadio & Tv Broadcasting & Communications EquipmentFiscal year ends June 30
AVIAT NETWORKS, INC.
Financials through Q4 FY2026, quarter ended Jul 3, 2026Last filing: 10-K on Aug 27, 2026
$19.74+0.80 (+4.22%)
Close on Oct 19, 2026
- Market cap
- $256.98M
- P/E (TTM)
- 103.9
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
84.6%
11M of 13M shares
Institutional holders
125
17 new, 27 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 7 sales
Net sold $1.15M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 775,885 | 6.60% | 13G (passive) | Dec 31, 2023 |
| NEC Corporation | 736,750 | 5.90% | 13D (active) | Nov 30, 2023 |
| Tieton Capital Management, LLC | 650,270 | 5.10% | 13G (passive) | Dec 31, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of AVNW | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 844,050 | 6.59% | $18.74M | +61,134 | 0.00% |
| First Eagle Investment Management, LLC | 720,912 | 5.63% | $16.00M | +429,756 | 0.01% |
| Tieton Capital Management, LLC | 676,440 | 5.28% | $15.02K | −7,886 | 0.00% |
| Royce & Associates LP | 655,325 | 5.12% | $14.55M | −5,380 | 0.12% |
| Vanguard Capital Management LLC | 526,237 | 4.11% | $11.68M | +25,253 | 0.00% |
| First Wilshire Securities Management Inc | 523,317 | 4.09% | $11.62M | −6,216 | 2.39% |
| Pacific Ridge Capital Partners, LLC | 441,141 | 3.45% | $9.79M | +57,900 | 1.78% |
| Kennedy Capital Management LLC | 430,392 | 3.36% | $9.55M | −8,093 | 0.17% |
| Marshall Wace, Llp | 429,349 | 3.35% | $9.53M | +162,993 | 0.01% |
| Dimensional Fund Advisors LP | 390,211 | 3.05% | $8.66M | −42,310 | 0.00% |
| CSM Advisors, LLC | 335,615 | 2.62% | $7.45K | +192,660 | 0.16% |
| Geode Capital Management, LLC | 311,516 | 2.43% | $6.92M | +17,632 | 0.00% |
| Western Standard LLC | 301,028 | 2.35% | $6.68M | −114,724 | 2.26% |
| State Street Corp | 257,916 | 2.01% | $5.73M | −1,298 | 0.00% |
| D. E. Shaw & Co., Inc. | 244,400 | 1.91% | $5.43M | +117,936 | 0.00% |
| Franklin Resources Inc | 216,218 | 1.69% | $4.80M | +23,197 | 0.00% |
| Hotchkis & Wiley Capital Management LLC | 200,788 | 1.57% | $4.46M | +61,320 | 0.01% |
| Millennium Management LLC | 197,315 | 1.54% | $4.38M | New | 0.00% |
| Sei Investments Co | 193,763 | 1.51% | $4.30M | −238,562 | 0.00% |
| Acadian Asset Management LLC | 185,492 | 1.45% | $4.12K | +63,829 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 125 | 11M | 84.6% | 17 / 51 | 34 / 27 | 2M | 2M |
| Q1 2026 | 137 | 10M | 79.9% | 20 / 44 | 42 / 12 | 2M | 1M |
| Q4 2025 | 132 | 10M | 77.4% | 20 / 34 | 50 / 11 | 1M | 1M |
| Q3 2025 | 123 | 10M | 75.8% | 15 / 44 | 33 / 21 | 1M | 1M |
| Q2 2025 | 129 | 9M | 73.5% | 21 / 33 | 43 / 10 | 1M | 1M |
| Q1 2025 | 118 | 9M | 72.9% | 18 / 32 | 41 / 18 | 2M | 2M |
| Q4 2024 | 119 | 9M | 73.1% | 33 / 39 | 29 / 28 | 3M | 3M |
| Q3 2024 | 115 | 10M | 74.4% | 22 / 43 | 27 / 22 | 2M | 2M |
| Q2 2024 | 118 | 10M | 78.8% | 25 / 40 | 30 / 14 | 1M | 1M |
| Q1 2024 | 107 | 10M | 81.8% | 12 / 42 | 29 / 30 | 2M | 1M |
| Q4 2023 | 128 | 9M | 73.9% | 15 / 58 | 28 / 8 | 1M | 1M |
| Q3 2023 | 122 | 9M | 70.8% | 18 / 39 | 37 / 9 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of AVNW | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 379,092 | 2.96% | $8.42M | 0.00% | Jun 30, 2026 |
| First Eagle Small Cap Opportunity Fund | 322,923 | 2.52% | $6.61M | 0.23% | Jul 31, 2026 |
| Royce Small-Cap Opportunity Fund | 309,346 | 2.42% | $6.87M | 0.49% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 300,281 | 2.35% | $6.67M | 0.01% | Jun 30, 2026 |
| Adara Smaller Companies Fund | 174,070 | 1.36% | $3.09M | 0.37% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 132,234 | 1.03% | $2.94M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 129,260 | 1.01% | $2.65M | 0.01% | Jul 31, 2026 |
| Putnam Small Cap Value Fund | 114,149 | 0.89% | $2.03M | 0.68% | May 31, 2026 |
| iShares Russell 2000 Value ETF | 111,495 | 0.87% | $2.48M | 0.02% | Jun 30, 2026 |
| Dimensional US Small Cap Value ETF | 74,441 | 0.58% | $1.52M | 0.02% | Jul 31, 2026 |
| Inspire Fidelis Multi Factor ETF | 71,796 | 0.56% | $1.28M | 0.63% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 61,365 | 0.48% | $1.09M | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 59,893 | 0.47% | $1.06M | 0.01% | May 31, 2026 |
| Avantis U.S. Small Cap Value ETF | 57,563 | 0.45% | $1.02M | 0.00% | May 31, 2026 |
| Putnam VT Small Cap Value Fund | 54,578 | 0.43% | $1.21M | 0.99% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jonanna Mikulenka | VP & Chief Accounting Officer | 12,583 | 0.10% | Sep 28, 2026 |
| Pete A. Smith | President and CEO | 386,394 | 3.02% | Sep 25, 2026 |
| Gary Croke | SVP of Product and Innovation | 43,329 | 0.34% | Sep 25, 2026 |
| Erin Boase | VP Legal Affairs | 30,325 | 0.24% | Sep 25, 2026 |
| Andrew C. Schmidt | SVP, Chief Financial Officer | 25,121 | 0.20% | Sep 8, 2026 |
| Andrew Michael Fredrickson | Interim CFO | 9,549 | 0.07% | Oct 15, 2025 |
| Michael Connaway | SVP & Chief Financial Officer | 55,255 | 0.43% | Jun 6, 2025 |
| Bryan Ingram | Director | 25,162 | 0.20% | Nov 12, 2025 |
| Michele Klein | Director | 28,041 | 0.22% | Nov 12, 2025 |
| Laxmi Akkaraju | Director | 18,765 | 0.15% | Nov 12, 2025 |
| John Mutch | Director | 95,618 | 0.75% | Nov 12, 2025 |
| Bruce M. Taten | Director | 20,391 | 0.16% | Nov 12, 2025 |
| Scott K. Halliday | Director | 8,630 | 0.07% | Nov 12, 2025 |
| Asako Aoyama | Director | 8,339 | 0.07% | Nov 12, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Erin Boase VP Legal Affairs | Sep 12, 2026 | Tax withholding | −442 | $20.73 | $9.16K | 34,044 |
| Pete A. Smith President and CEO | Sep 12, 2026 | Tax withholding | −9,927 | $20.73 | $205.79K | 417,954 |
| Pete A. Smith President and CEO | Sep 3, 2026 | Award | +60,041 | – | – | 427,881 |
| Erin Boase VP Legal Affairs | Sep 3, 2026 | Award | +6,211 | – | – | 34,486 |
| Andrew C. Schmidt SVP, Chief Financial Officer | Sep 3, 2026 | Award | +9,474 | – | – | 25,121 |
| Gary Croke SVP of Product and Innovation | Sep 3, 2026 | Award | +5,839 | – | – | 48,318 |
| Erin Boase VP Legal Affairs | Aug 31, 2026 | Sale | −1,347 | $19.69 | $26.52K | 28,275 |
| Pete A. Smith President and CEO | Aug 31, 2026 | Sale | −14,264 | $19.69 | $280.86K | 367,840 |
| Gary Croke SVP of Product and Innovation | Aug 31, 2026 | Sale | −629 | $19.69 | $12.39K | 42,479 |
| Erin Boase VP Legal Affairs | Aug 28, 2026 | Award | +4,529 | – | – | 30,325 |
| Erin Boase VP Legal Affairs | Aug 28, 2026 | Tax withholding | −172 | $20.00 | $3.44K | 30,153 |
| Gary Croke SVP of Product and Innovation | Aug 28, 2026 | Award | +1,429 | – | – | 43,329 |
| Gary Croke SVP of Product and Innovation | Aug 28, 2026 | Tax withholding | −80 | $20.00 | $1.60K | 43,249 |
| Pete A. Smith President and CEO | Aug 28, 2026 | Award | +27,647 | – | – | 386,394 |
| Pete A. Smith President and CEO | Aug 28, 2026 | Tax withholding | −1,817 | $20.00 | $36.34K | 384,577 |
| Erin Boase VP Legal Affairs | Aug 28, 2026 | Award | +3,826 | – | – | 29,622 |
| Pete A. Smith President and CEO | Aug 28, 2026 | Award | +23,357 | – | – | 382,104 |
| Gary Croke SVP of Product and Innovation | Aug 28, 2026 | Award | +1,208 | – | – | 43,108 |
| Gary Croke SVP of Product and Innovation | Jul 7, 2026 | Tax withholding | −1,968 | $20.54 | $40.42K | 41,900 |
| Pete A. Smith President and CEO | Feb 9, 2026 | Sale(10b5-1 plan) | −17,086 | $26.33 | $449.87K | 358,747 |
| Pete A. Smith President and CEO | Feb 9, 2026 | Option exercise | +26,386 | $11.00 | $290.25K | 375,833 |
| Gary Croke SVP of Product and Innovation | Feb 6, 2026 | Option exercise | +6,914 | $7.23 | $49.99K | 50,782 |
| Gary Croke SVP of Product and Innovation | Feb 6, 2026 | Sale(10b5-1 plan) | −6,914 | $26.20 | $181.15K | 43,868 |
| Andrew C. Schmidt SVP, Chief Financial Officer | Dec 3, 2025 | Award | +15,647 | – | – | 15,647 |
| Pete A. Smith President and CEO | Nov 11, 2025 | Sale | −5,350 | $23.39 | $125.14K | 349,447 |
| Bruce M. Taten Director | Nov 11, 2025 | Sale | −3,268 | $23.39 | $76.44K | 20,391 |
| Laxmi Akkaraju Director | Nov 7, 2025 | Award | +5,480 | – | – | 18,765 |
| Michele Klein Director | Nov 7, 2025 | Award | +5,480 | – | – | 28,041 |
| Bryan Ingram Director | Nov 7, 2025 | Award | +5,480 | – | – | 25,162 |
| John Mutch Director | Nov 7, 2025 | Award | +5,480 | – | – | 95,618 |
| Scott K. Halliday Director | Nov 7, 2025 | Award | +5,480 | – | – | 8,630 |
| Bruce M. Taten Director | Nov 7, 2025 | Award | +5,480 | – | – | 23,659 |
| Gary Croke SVP of Product and Innovation | Oct 10, 2025 | Tax withholding | −786 | $21.04 | $16.54K | 43,868 |
| Andrew Michael Fredrickson Interim CFO | Oct 10, 2025 | Tax withholding | −214 | $21.04 | $4.50K | 9,549 |
| Erin Boase VP Legal Affairs | Oct 10, 2025 | Tax withholding | −847 | $21.04 | $17.82K | 25,796 |
| Pete A. Smith President and CEO | Oct 10, 2025 | Tax withholding | −8,990 | $21.04 | $189.15K | 354,797 |
| Andrew Michael Fredrickson Interim CFO | Sep 26, 2025 | Award | +2,662 | – | – | 9,763 |
| Andrew Michael Fredrickson Interim CFO | Sep 26, 2025 | Award | +1,941 | – | – | 7,101 |
| Erin Boase VP Legal Affairs | Sep 12, 2025 | Award | +5,437 | – | – | 26,643 |
| Pete A. Smith President and CEO | Sep 12, 2025 | Award | +70,316 | – | – | 363,787 |
| Pete A. Smith President and CEO | Sep 9, 2025 | Tax withholding | −78 | $23.25 | $1.81K | 293,471 |
| Gary Croke SVP of Product and Innovation | Sep 2, 2025 | Option exercise | +6,742 | $8.90 | $60.00K | 51,901 |
| Gary Croke SVP of Product and Innovation | Sep 2, 2025 | Sale(10b5-1 plan) | −6,742 | $22.41 | $151.09K | 45,159 |
| Erin Boase VP Legal Affairs | Sep 1, 2025 | Tax withholding | −694 | $22.96 | $15.93K | 21,206 |
| Pete A. Smith President and CEO | Sep 1, 2025 | Tax withholding | −13,834 | $22.96 | $317.63K | 293,549 |
| Gary Croke SVP of Product and Innovation | Sep 1, 2025 | Tax withholding | −504 | $22.96 | $11.57K | 44,654 |
| Pete A. Smith President and CEO | Aug 28, 2025 | Tax withholding | −4,052 | $23.25 | $94.21K | 307,383 |
| Gary Croke SVP of Product and Innovation | Aug 28, 2025 | Tax withholding | −181 | $23.25 | $4.21K | 45,159 |
| Erin Boase VP Legal Affairs | Aug 28, 2025 | Tax withholding | −389 | $23.25 | $9.04K | 21,901 |
| Gary Croke SVP of Product and Innovation | Jul 7, 2025 | Award | +16,447 | – | – | 45,340 |
| Erin Boase VP Legal Affairs | Jul 3, 2025 | Sale(10b5-1 plan) | −5,634 | $25.00 | $140.85K | 22,290 |
| Erin Boase VP Legal Affairs | Jul 1, 2025 | Sale(10b5-1 plan) | −200 | $25.00 | $5.00K | 27,924 |
| Erin Boase VP Legal Affairs | Jun 24, 2025 | Sale(10b5-1 plan) | −4,767 | $23.07 | $109.97K | 28,124 |
| Erin Boase VP Legal Affairs | Jun 24, 2025 | Option exercise | +4,767 | $11.00 | $52.44K | 32,891 |
| Erin Boase VP Legal Affairs | Jun 9, 2025 | Option exercise | +1,169 | $11.00 | $12.86K | 29,293 |
| Erin Boase VP Legal Affairs | Jun 9, 2025 | Sale(10b5-1 plan) | −1,169 | $23.00 | $26.89K | 28,124 |
| Michael Connaway SVP & Chief Financial Officer | Jun 5, 2025 | Tax withholding | −2,638 | $21.70 | $57.24K | 55,255 |
| Scott K. Halliday Director | Jan 31, 2025 | Award | +3,150 | – | – | 3,150 |
| Pete A. Smith President and CEO | Dec 3, 2024 | Award | +12,896 | – | – | 311,435 |
| Laxmi Akkaraju Director | Nov 27, 2024 | Buy | +900 | $15.85 | $14.27K | 13,285 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Smith Pete Officer, Director | Feb 9, 2026 | 17,086 | $449.81K | Feb 9, 2026 | Exercise of options under a registered plan |
| Croke Gary Officer | Feb 6, 2026 | 6,914 | $178.24K | Feb 6, 2026 | Exercise of Stock Options |
| Croke Gary Officer | Sep 2, 2025 | 6,742 | $154.80K | Sep 2, 2025 | Exercise of Stock Options |
| Boase Erin Officer | Jul 1, 2025 | 5,834 | $140.31K | Jul 1, 2025 | Restricted Stock Units |
| Boase Erin Officer | Jun 9, 2025 | 5,936 | $130.95K | Jun 9, 2025 | Exercise of Stock Options |