Romanesque Capital Supports Sale of Harmonic Inc. to Maximize Shareholder Value
Harmonic Inc. (HLIT)
Last harmonic inc. earnings: 4/27 04:15 pm
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US:NASDAQ Investor Relations:
investor.harmonicinc.com/investor-overview
Company Research
Source: Business Wire
NAPLES, Fla.--(BUSINESS WIRE)--Romanesque Capital Management, LLC (collectively with its affiliates, “Romanesque Capital”), which is a long-term shareholder of Harmonic, Inc. (NASDAQ: HLIT), today issued the following statement regarding its support of a strategic review aimed at a sale to maximize shareholder value:“We have long held high conviction in Harmonic’s market leading products, valuable partnerships and disruptive innovation, having been invested since 2016. Despite these tailwinds, the company has been unable to realize value in its stock price. This is why we were extremely encouraged to review Ancora Holdings’ presentation outlining its analysis of the value opportunity at Harmonic and are in full support of the investor’s recommendations. As a long-term shareholder, we have frequently shared similar concerns with leadership regarding the disconnect between the company’s stock price and its impressive fundamentals. It’s been our view that Harmonic should be part of a
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HLIT
News
- Harmonic Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - HLITPR Newswire
- Harmonic Inc. (NASDAQ: HLIT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Harmonic price target lowered to $14 from $18 at Needham [Yahoo! Finance]Yahoo! Finance
- Harmonic Inc. (NASDAQ: HLIT) had its price target lowered by analysts at Rosenblatt Securities from $16.00 to $12.00. They now have a "buy" rating on the stock.MarketBeat
- Harmonic Inc. (NASDAQ: HLIT) had its price target lowered by analysts at Barclays PLC from $14.00 to $10.00. They now have an "equal weight" rating on the stock.MarketBeat
HLIT
Earnings
- 2/10/25 - Beat
HLIT
Sec Filings
- 2/14/25 - Form 10-K
- 2/13/25 - Form 4
- 2/13/25 - Form 4
- HLIT's page on the SEC website