HLIT Harmonic Dashboard

Harmonic, Inc. engages in the development and sale of video delivery software, products, system solutions, and services. It operates through the Video and Cable Access segments. The Video segment sells video processing and production and playout services to cable operators, satellite and telecommunications pay-TV service providers, and broadcast and media companies. The Cable Access segment offers solutions to cable operators. The company was founded in June 1988 and is headquartered in San Jose, CA.

Company profile

Ticker

HLIT

Exchange

NASDAQ

Website

www.harmonicinc.com/

CEO

Patrick Harshman

Incorporated

Delaware

Location

California

Fiscal year end

Dec 31

Sector

Manufacturing > Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing

Industry (SIC)

Radio & TV Broadcasting & Communications Equipment

Qualcomm • Motorola Solutions • Maxar • Loral Space & Communications • Viasat • CommScope Holding • Comtech Telecommunications • Casa Systems • Sierra Wireless • Gilat Satellite Networks ...

Former names

HARMONIC LIGHTWAVES INC

SEC CIK

0000851310

Corporate docs

Articles of Incorporation & Bylaws

IRS number

770201147

HLIT stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Wednesday

14 Apr 21

During Wednesday's morning session, 226 stocks hit new 52-week highs.

Harmonic Reports Mowies On-Demand Media Platform Selected Co.'s VOS 360 Cloud Streaming Offering

14 Apr 21

Harmonic (NASDAQ:HLIT) today announced that Mowies, a LATAM-based on-demand media platform, with a unique revenue model for creators of feature films, documentaries, TV series, theatrical performances, concerts and other

12 Information Technology Stocks Moving In Monday's After-Market Session

12 Apr 21

Gainers My Size (NASDAQ:MYSZ) shares rose 3.88% to $1.07 during Monday's after-market session. Today's trading volume for this security ended up closing at 546 shares, which is 0.07 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $12.9 million.

Raymond James Maintains Outperform on Harmonic, Raises Price Target to $9

2 Feb 21

Needham Maintains Buy on Harmonic, Raises Price Target to $9.5

2 Feb 21

Press releases

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Mowies Expands On-Demand Platform with Harmonic's VOS Cloud Streaming SaaS

14 Apr 21

SAN JOSE, Calif., April 14, 2021 /PRNewswire/ -- Harmonic (NASDAQ:HLIT) today announced that Mowies, a LATAM-based on-demand media platform, with a unique revenue model for creators of feature films, documentaries, TV

Harmonic Enters into Cooperation Agreement with Scopia

12 Apr 21

SAN JOSE, Calif., April 12, 2021 /PRNewswire/ -- Harmonic (NASDAQ:HLIT) today announced that it has entered into a cooperation agreement with Scopia Capital Management LP ("Scopia").

Harmonic to Participate in the 42nd Annual Raymond James Virtual Institutional Investors Conference

24 Feb 21

SAN JOSE, Calif., Feb. 24, 2021 /PRNewswire/ -- Harmonic (NASDAQ:HLIT) today announced that Sanjay Kalra, Harmonic's Chief Financial Officer, and Jeremy Rosenberg, Harmonic's Senior Vice President of Business

Harmonic Announces Fourth Quarter and Fiscal 2020 Results

1 Feb 21

Harmonic, Inc. to Host Earnings Call

1 Feb 21

Calendar

2 Mar 21

18 Apr 21

31 Dec 21

Financial summary

Financial statements Chart HLIT financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Harmonic earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	98.65M	98.65M	98.65M	98.65M	98.65M	98.65M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	(positive/no burn)	1.04M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	n/a	n/a	3.74M	n/a	n/a
Cash remaining	n/a	n/a	n/a	94.91M	n/a	n/a
Runway (months of cash)	n/a	n/a	n/a	91.5	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

HLIT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Apr 21	Haltmayer Neven	Common Stock	Sell	Dispose S	No	Yes	9	80,000	720K	160,789
14 Apr 21	Haltmayer Neven	Common Stock	Option exercise	Aquire M	No	No	7.58	80,000	606.4K	240,789
14 Apr 21	Haltmayer Neven	Stock Option/Right to buy Common Stock	Option exercise	Dispose M	No	No	7.58	80,000	606.4K	0
24 Feb 21	Harshman Patrick	Common Stock	Sell	Dispose S	No	No	8.144	106,502	867.35K	1,092,082
24 Feb 21	Harshman Patrick	Common Stock	Option exercise	Aquire M	No	No	6.49	116,326	754.96K	1,198,584
24 Feb 21	Harshman Patrick	Stock Options/right to buy Common Stock	Option exercise	Dispose M	No	No	6.49	116,326	754.96K	0
22 Feb 21	Ben-Natan Nimrod	Common Stock	Sell	Dispose S	No	No	7.97	59,520	474.37K	436,400
22 Feb 21	Ben-Natan Nimrod	Common Stock	Option exercise	Aquire M	No	No	6.49	59,520	386.28K	495,920
22 Feb 21	Ben-Natan Nimrod	Stock Options/Right to buy Common Stock	Option exercise	Dispose M	No	No	6.49	59,520	386.28K	0
19 Feb 21	Ben-Natan Nimrod	Common Stock	Sell	Dispose S	No	No	7.933	40,480	321.13K	436,400

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

HLIT institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

70.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	275	241	+14.1%
Opened positions	66	55	+20.0%
Closed positions	32	22	+45.5%
Increased positions	92	78	+17.9%
Reduced positions	94	84	+11.9%

13F shares	Current	Prev Q	Change
Total value	4.39B	3.56B	+23.1%
Total shares	70.56M	68.55M	+2.9%
Total puts	102.52K	306.32K	-66.5%
Total calls	340.5K	388.7K	-12.4%
Total put/call ratio	0.3	0.8	-61.8%

Largest owners	Shares	Value	Change
BLK Blackrock	9.63M	$599.57M	+4.5%
FMR	6.98M	$434.6M	-18.6%
Vanguard	6.53M	$406.54M	+2.3%
Artisan Partners Limited Partnership	3.25M	$202.46M	+2.6%
Granahan Investment Management	3.03M	$188.27M	+10.3%
JHG Janus Henderson	2.74M	$170.38M	-3.2%
IVZ Invesco	2.18M	$135.77M	+17.9%
STT State Street	1.88M	$116.94M	+1.2%
CS Credit Suisse	1.76M	$109.73M	-3.1%
MKFCF Mackenzie Financial	1.72M	$107.09M	+36.0%

Largest transactions	Shares	Bought/sold	Change
FMR	6.98M	-1.59M	-18.6%
Polar Capital	1.17M	+1.17M	NEW
RAT Rathbone Brothers	0	-782K	EXIT
Norges Bank	611.96K	+611.96K	NEW
Nikko Asset Management Americas	1.33M	+547.89K	+69.9%
CMTDF Sumitomo Mitsui Trust	1.31M	+529.31K	+68.0%
MKFCF Mackenzie Financial	1.72M	+455.85K	+36.0%
RGM Capital	0	-416.62K	EXIT
BLK Blackrock	9.63M	+411.15K	+4.5%
Balyasny Asset Management	358.52K	+358.52K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Microsoft • Cisco Systems • Avid Technology • Belden • NetFlix • Brightcove • Facebook • Casa Systems • CommScope Holding

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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Removed: abroad, absence, absorb, absorption, accrual, acquiring, adaptive, afford, aggressively, algorithm, AMT, anytime, approved, Architected, area, arm, array, assuming, attainment, attempting, attribute, Beach, began, behavior, Belden, beneficiary, bitrate, Cayman, cDVR, clarifying, clarity, clustered, collapsed, combining, committed, compatible, computation, computing, consuming, consummation, costly, custom, decoded, decoding, decremented, deficit, demanding, descrambling, detriment, DirecTV, display, division, DRM, dynamically, earned, EDC, editing, Electra, element, Elemental, encode, encrypted, Engine, equipped, EVS, excluding, experiencing, expiration, explanation, eye, EyeQ, facilitate, favorite, feasibility, featuring, forfeited, foster, Francisco, function, gathering, headquartered, highlight, Huawei, hypertext, incentivize, inception, incorrect, ineffective, insignificant, integrity, Intel, interoperable, IPTV, IRD, latency, launch, library, localized, loyal, maximum, meaningful, MediaGrid, monetizing, multiscreen, nDVR, Netflix, noninfringement, observed, offsetting, onetime, online, optimized, optional, orchestration, OTT, output, overhead, overlap, participant, passed, Pebble, pertinent, phone, PHY, plc, precise, predicated, prevailing, proliferation, ProStream, protocol, ProView, publicly, PURE, QCSA, qualifying, real, recently, recoverable, referendum, refundable, refunded, regionalized, released, reliable, rendered, request, resource, responsive, retained, scalable, SD, segmented, semiannually, serving, simulation, Sling, speed, statute, steadily, stemming, storage, strict, study, sublease, subset, tablet, TCJA, thrift, Today, track, traffic, transcoded, transcoder, transcoding, transformed, transitioning, transmit, unallocated, unaudited, unstable, vacant, varied, VDP, ViBE, VIE, virtual, Vislink, XT, Xtream, XVM, younger

From filing 10-K 2020 FY