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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549



                                  SCHEDULE 13G


                    Under The Securities Exchange Act of 1934

                               (AMENDMENT NO. 1)*

                       	     Ceragon Networks Ltd.
 -------------------------------------------------------------------------------
                                (Name of Issuer)


                                  Common Stock
 -------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    M22013102
 -------------------------------------------------------------------------------
                                 (CUSIP Number)


                                 December 31, 2012
 -------------------------------------------------------------------------------
             (Date of Event which requires filing of this statement)


Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:


            \x\     Rule 13d-1(b)

            \x\     Rule 13d-1(c)

            \ \     Rule 13d-1(d)


*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).







                                Page 1 of 6 Pages






CUSIP No. M22013102                         13G               Page 2  of 6 Pages
------------






--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO OF ABOVE PERSON
                          Invicta Capital Management, LLC

                          33-1206133
--------------------------------------------------------------------------------

2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                            (a)     / /

                                                            (b)     / /

--------------------------------------------------------------------------------
3         SEC USE ONLY


--------------------------------------------------------------------------------
4         CITIZENSHIP OR PLACE OF ORGANIZATION


                                    New York
--------------------------------------------------------------------------------



                              5        SOLE VOTING POWER

                                        2,552,557
       NUMBER OF              --------------------------------------------------
  SHARES BENEFICIALLY         6        SHARED VOTING POWER
       OWNED BY
         EACH                               -
       REPORTING              --------------------------------------------------
      PERSON WITH             7        SOLE DISPOSITIVE POWER

                                        2,552,557
                              --------------------------------------------------
                              8     SHARED DISPOSITIVE POWER

                                            -
--------------------------------------------------------------------------------
9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                        2,552,557
--------------------------------------------------------------------------------
10       CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                            -
--------------------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                            7.0%
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON*

                                            IA
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!






CUSIP No. M22013102                  13G                      Page 3  of 6 Pages
   -------------






--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO OF ABOVE PERSON
                                Gregory A. Weaver


--------------------------------------------------------------------------------

2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                      (c)  / /

                                                                      (d)  / /

--------------------------------------------------------------------------------
3              SEC USE ONLY


--------------------------------------------------------------------------------
4        CITIZENSHIP OR PLACE OF ORGANIZATION


                          U.S.A.
--------------------------------------------------------------------------------

                         5        SOLE VOTING POWER

 NUMBER OF                                     -
 SHARES BENEFICIALLY     -------------------------------------------------------
 OWNED BY                6        SHARED VOTING POWER
 EACH
 REPORTING                        2,552,557- (See Schedule Item 4
 PERSON WITH                                 incorporated by reference)
                         -------------------------------------------------------
                         7        SOLE DISPOSITIVE POWER

                                               -
                         -------------------------------------------------------
                         8        SHARED DISPOSITIVE POWER

                                   2,552,557- (See Schedule Item 4
                                              incorporated by reference)

--------------------------------------------------------------------------------
9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                   2,552,557- (See Schedule Item 4
                                              incorporated by reference)
--------------------------------------------------------------------------------
10       CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                 -
--------------------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                            7.0%
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON*

                                            IN

--------------------------------------------------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!





CUSIP NO. M22013102                       SCHEDULE 13G       Page  4 of  6 Pages



ITEM  1 (a).   NAME OF ISSUER:
               Ceragon Networks Ltd.

ITEM  1 (b).   ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
               24 Raoul Wallenberg Street
		Tel Aviv 69719, Israel


ITEM  2 (c).   NAME OF PERSON FILING:
               Invicta Capital Management, LLC ("ICM"),
               Gregory A. Weaver, Gregory A. Weaver is the controlling member
               of ICM.

ITEM  2 (b).   ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
               The address of the principal business office of each reporting
               person is: 60 East 42nd St, New York, NY 10165.


ITEM  2 (c).   CITIZENSHIP:
               Invicta Capital Management, LLC, New York
	       Gregory A Weaver, United States

ITEM 2 (d).    TITLE OF CLASS OF SECURITIES:
               Common Stock

ITEM 2 (e).    CUSIP NUMBER:
               M22013102

ITEM 3 (e)     THE PERSONS FILING THIS SCHEDULE, PURSUANT TO
               PARAGRAPH 240.13d-1(b)  ARE A:
               (X)  Parent Holding Company or control person in accordance with
	       Rule 13d-a(b)(1)(ii)(G);

ITEM 4.        OWNERSHIP:

               The following percentage interest calculations for each of
	       the Reporting Persons are based on the Issuer having
	       36,324,997 shares of common stock outstanding as of
	       December 31, 2011, as reported in the Issuer Form 20-F filed
	       with the Securities and Exchange Commission on April 5, 2012.
	       ICM owns beneficially 2,552,557 shares of the Issuer common
               stock, which constitutes approximately 7.0% of the
               outstanding shares such stock. ICM and Mr. Weaver share
	       the power to vote or to direct the vote and to dispose or
	       to direct the disposition of such shares Gregory A. Weaver
	       because of his position as the control person of ICM,
               may be deemed to be beneficial owner of the 2,552,557 Shares in
	       that he might be deemed to share the power to direct the voting
	       or  disposition of the securities.



CUSIP NO. M22013102                    SCHEDULE 13G          Page  5 of  6 Pages




ITEM 5.        OWNERSHIP OF MORE THAN FIVE PERCENT OR LESS OF A CLASS:
               If this statement is being filed to report the fact that as of
               the date here of the  reporting  person  has  ceased to be the
               beneficial  owner of more  than five  percent  of the class of
               securities, check the following / /.

               Not applicable.

ITEM 6.        OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
               The shares reported are held in institutional accounts for the
               economic benefit of the beneficiaries of those accounts.

ITEM 7.        IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
               ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
               COMPANY:

               Not applicable.

ITEM 8.        IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
               Not applicable.

ITEM 9.        NOTICE OF DISSOLUTION OF GROUP:
               Not applicable.

ITEM 10.       CERTIFICATION:
               BY SIGNING  BELOW I CERTIFY  THAT, TO THE BEST OF MY KNOWLEDGE
               AND BELIEF, THE SECURITIES REFERRED TO ABOVE WERE ACQUIRED AND
               ARE  HELD IN THE  ORDINARY  COURSE  OF  BUSINESS  AND WERE NOT
               ACQUIRED  AND ARE NOT  HELD  FOR THE  PURPOSE  OF OR WITH  THE
               EFFECT OF CHANGING OR INFLUENCING THE CONTROL OF THE ISSUER OF
               SUCH THE  SECURITIES AND WERE NOT ACQUIRED AND ARE NOT HELD IN
               CONNECTION WITH OR AS A PARTICIPANT IN ANY TRANSACTION  HAVING
               SUCH PURPOSES OR EFFECT.

               SIGNATURE:
               AFTER  REASONABLE  INQUIRY AND TO THE BEST OF MY KNOWLEDGE AND
               BELIEF,  I  CERTIFY  THAT THE  INFORMATION  SET  FORTH IN THIS
               STATEMENT IS TRUE, COMPLETE AND CORRECT.

                                         Invicta Capital Management LLC

February 14, 2013                        /s/ Gregory A. Weaver
---------------------------        By:   --------------------------------------
         DATED                           Gregory A. Weaver
                                         President


                                         /s/ Gregory A. Weaver
                                   By:   --------------------------------------
                                         Gregory A. Weaver







CUSIP NO. M22013102            SCHEDULE 13G                Page  6  of  6  Pages





                                    EXHIBIT 1

                  AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G



This  agreement is made pursuant to Rule  13d-1(f)(1)  under the  Securities and
Exchange Act of 1934,  as amended (the "Act"),  by and among the parties  listed
below,  each referred to herein as "Joint Filer".  The Joint Filers agree that a
statement of  beneficial  ownership as required by Section  13(d) of the Act and
the Rules  thereunder  may be filed on each of their  behalf on Schedule 13G and
that said joint filing may thereafter be amended by further joint  filings.  The
Joint Filers state that they each  satisfy the  requirements  for making a joint
filing under rule 13d-1.


                                          Invicta Capital Management LLC

February 14, 2013                        /s/ Gregory A. Weaver
---------------------------        By:   --------------------------------------
         DATED                           Gregory A. Weaver
                                         President


                                         /s/ Gregory A. Weaver
                                   By:   --------------------------------------
                                         Gregory A. Weaver