Ceragon Networks (CRNT) Insider Efrat Makov Sells 5,000 Shares

Efrat Makov sold 5,000 shares of Ceragon Networks Ltd. (NasdaqGS: CRNT) on June 12, 2026. The shares were sold at an average price of $2.99 each, amounting to a total transaction value of $14,950. This transaction was not planned under a Rule 10b5-1 trading plan.

Other Institutional Activity in Ceragon Networks

In recent institutional activity, First Wilshire Securities Management Inc. boosted its holdings in Ceragon Networks by 740,358 shares, bringing its total to 4,854,150 shares worth about $10.5 million. CSM Advisors, LLC slightly reduced its position by 11,650 shares, ending with 2,272,398 shares valued at approximately $4.9 million. Meanwhile, Private Advisor Group, LLC trimmed its stake by 10,000 shares to 1,410,888 shares, valued at around $3 million. WealthTrust Axiom LLC increased its holdings by 43,836 shares, reaching a total of 944,135 shares worth about $2 million. Marshall Wace, LLP initiated a new position with 707,171 shares valued at $1.5 million.

Ceragon Networks Ltd. Stock Up 44.2%

Shares of Ceragon Networks Ltd. (NasdaqGS: CRNT) traded near $2.99. The company has a market capitalization of approximately $272.7 million and a forward P/E ratio of 14.3. Ceragon's stock has traded between $1.82 and $3.29 over the past 52 weeks. The stock's 50-day moving average is $2.64, while the 200-day moving average stands at $2.34. The company's current ratio is 1.90, and it has a quick ratio of 1.40, with a debt-to-equity ratio of 19.57.

Recent Earnings

Ceragon Networks reported revenue of $335.1 million, which reflects a decline of 4.1% year-over-year. The company posted a net margin of -0.73% and a return on equity of -1.45%. Its next earnings release is scheduled for August 12, 2026.

Insider Buying and Selling at Ceragon Networks Ltd.

On June 12, 2026, Efrat Makov sold 5,000 shares at $2.99 each, totaling $14,950. Earlier, on the same day, Makov also bought 5,000 shares at $1.99 each. Additionally, on June 11, 2026, CEO Doron Arazi purchased 200,000 shares in two transactions. Rami Hadar also bought 29,500 shares on May 23, 2026. None of these trades were executed under a Rule 10b5-1 plan.

Analysts Set New Price Targets

On May 20, 2026, Needham reiterated its 'buy' rating for Ceragon Networks, setting a price target of $3.00. Previously, on March 31, 2026, Lake Street initiated coverage with a 'buy' rating and a target price of $3.50. The consensus among analysts is a 'buy' recommendation, with a mean target price of $4.83 based on six analyst opinions.

About Ceragon Networks Ltd.

Ceragon Networks Ltd. is a technology company providing wireless transport solutions for cellular operators and other wireless service providers. Headquartered in Rosh Haayin, Israel, the company operates globally, including in North America, Europe, Africa, and Asia. Led by CEO Doron Arazi, Ceragon employs 1,091 people. It offers a range of products using microwave and millimeter wave radio technology, catering to various telecommunication needs.

Bottom Line

The recent insider sale by Efrat Makov at Ceragon Networks Ltd. is part of the regular trading activities at the company. Investors often monitor such transactions as they can provide insights into insider sentiment. It's important to remember that insider transactions are just one piece of the puzzle when evaluating a company's stock. As always, these filings are backward-looking and may not reflect the current insider position.