Comtech Telecommunications Corp. (CMTL) reported fourth-quarter fiscal 2026 net sales of $66.2 million, down 12.1% from $75.3 million a year earlier. The company recorded a net loss attributable to common stockholders of $14.7 million, while consolidated net loss was $3.2 million.
For the fiscal year ended July 31, 2026, Comtech reported net sales of $249.6 million and a net loss from continuing operations attributable to common stockholders of $51.0 million. The company said it expects its sale of most of its Satellite and Space Communications business to an affiliate of Gilat Satellite Networks to close in calendar 2026, subject to conditions and approvals.
- Fourth-quarter operating cash flow was $18.5 million, compared with cash used in operations of $1.2 million a year earlier.
- Fourth-quarter gross margin was 40.6%, versus 34.7% in the prior-year quarter.
- Funded backlog totaled $520.4 million as of July 31, 2026, with revenue visibility of about $862.0 million.
- Year-end consolidated liquidity was $61.3 million.
- The proposed S&S sale has a base cash purchase price of $157.5 million.
$CMTL Insider Trading Activity
$CMTL insiders have traded $CMTL stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CMTL stock by insiders over the last 6 months:
- DANIEL GIZINSKI (President, S&S Comm. Segment) sold 200 shares for an estimated $520
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CMTL Hedge Fund Activity
We have seen 29 institutional investors add shares of $CMTL stock to their portfolio, and 45 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ROYCE & ASSOCIATES LP removed 1,553,145 shares (-90.5%) from their portfolio in Q2 2026, for an estimated $3,261,604
- MARSHALL WACE, LLP removed 313,889 shares (-36.2%) from their portfolio in Q2 2026, for an estimated $659,166
- MML INVESTORS SERVICES, LLC added 299,383 shares (+76.7%) to their portfolio in Q2 2026, for an estimated $628,704
- NEEDHAM INVESTMENT MANAGEMENT LLC removed 267,940 shares (-22.8%) from their portfolio in Q2 2026, for an estimated $562,674
- BEARTOWN CAPITAL MANAGEMENT, LLC removed 251,881 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $528,950
- TWO SIGMA INVESTMENTS, LP removed 220,032 shares (-58.5%) from their portfolio in Q2 2026, for an estimated $462,067
- ACADIAN ASSET MANAGEMENT LLC added 196,527 shares (+48.7%) to their portfolio in Q2 2026, for an estimated $412,706
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
