Aviat Networks VP legal affairs Erin Boase sells $26,526 in stock

Erin Boase, Vice President of Legal Affairs at Aviat Networks (NASDAQ: AVNW), sold 1,347 shares of the company's common stock on August 31, 2026, for a total of $26,526. The sale occurred at an average price of $19.693 per share, with individual transactions priced between $19.6927 and $19.6931. Prior to this sale, on August 28, 2026, Ms. Boase acquired 3,826 shares of Aviat Networks common stock, received as compensation for meeting specific performance metrics.

Following these transactions, Ms. Boase now owns 28,275 shares of Aviat Networks common stock. The insider sale comes amid a decline in AVNW shares, which have dropped 10.8% over the past week, currently trading at $18.66. Despite this, InvestingPro analysis suggests the stock may be undervalued, with a Fair Value estimate of $26.85. Notably, the company's P/E ratio stands at 99, indicating an high earnings multiple. Aviat Networks is also expected to see a year-over-year increase in net income.

Investors can access five additional ProTips and detailed financial metrics through the InvestingPro platform. In separate news, Aviat Networks reported Q4 fiscal 2026 results that beat expectations, with revenue of $120.9 million, up 4.8% from the prior year. Adjusted EBITDA reached $11.9 million, surpassing the estimated $10.6 million, and non-GAAP earnings per share were $0.64, outperforming the forecast of $0.5483.

Looking ahead, Aviat Networks projected stronger sales and higher earnings before interest, taxes, depreciation, and amortization for fiscal 2027.

These developments, combined with the company's strong financial performance, have led to an upgrade in Citigroup's rating to "Market Outperform" with a price target of $25.00. This story, generated with AI support and reviewed by an editor, presents the key facts and figures surrounding the insider stock sale and Aviat Networks' recent financial results.