Aviat Networks SVP Gary Croke sells $12,386 in company stock

Aviat Networks' Senior Vice President of Product and Innovation, Gary Croke, recently sold 629 shares of the company's stock on August 31, 2026, for a total of $12,386. The shares were purchased in multiple transactions at a weighted average price of $19.693 per share. Following this sale, the stock price declined to $18.66, marking a nearly 11% decrease over the previous week.

Despite this drop, Aviat Networks appears undervalued according to InvestingPro analysis, which assigns the company a Fair financial health score, even though it trades at a high P/E ratio of 99. Prior to this sale, on August 28, 2026, Croke had acquired 1,208 shares of Aviat Networks common stock as part of performance-based incentives.

After these transactions, he directly owns 42,479 shares of the company's stock. In other news, Aviat Networks reported strong fourth-quarter fiscal 2026 results, exceeding expectations with an adjusted EBITDA of $11.9 million and revenue of $120.9 million, both surpassing analysts' estimates. The company's non-GAAP earnings per share also beat forecasts at $0.64.

Aviat Networks guided for stronger sales and earnings before interest, taxes, depreciation, and amortization in fiscal 2027. Market analysts have responded positively, with Citizens maintaining a Market Outperform rating and a price target of $25.00 for the company.