Allianz Asset Management GmbH Buys 205,099 Shares of Viavi Solutions Inc. $VIAV

Allianz Asset Management GmbH boosted its stake in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 25.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,003,076 shares of the communications equipment provider’s stock after purchasing an additional 205,099 shares during the quarter. Allianz Asset Management GmbH owned about 0.45% of Viavi Solutions worth $10,101,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Viavi Solutions by 1.8% during the first quarter. Vanguard Group Inc. now owns 30,440,070 shares of the communications equipment provider’s stock worth $340,624,000 after purchasing an additional 540,045 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in Viavi Solutions by 0.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,560,567 shares of the communications equipment provider’s stock worth $118,173,000 after purchasing an additional 36,172 shares during the period. Woodline Partners LP boosted its position in Viavi Solutions by 27.6% during the first quarter. Woodline Partners LP now owns 4,384,150 shares of the communications equipment provider’s stock worth $49,059,000 after purchasing an additional 948,472 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Viavi Solutions by 0.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,358,676 shares of the communications equipment provider’s stock valued at $37,584,000 after acquiring an additional 23,783 shares during the period. Finally, Victory Capital Management Inc. boosted its position in shares of Viavi Solutions by 7,293.1% in the first quarter. Victory Capital Management Inc. now owns 3,083,135 shares of the communications equipment provider’s stock valued at $34,500,000 after acquiring an additional 3,041,432 shares during the period. 95.54% of the stock is owned by institutional investors.

Viavi Solutions Trading Up 1.3%

VIAV opened at $13.33 on Wednesday. Viavi Solutions Inc. has a twelve month low of $8.10 and a twelve month high of $13.45. The company has a 50-day simple moving average of $12.00 and a 200 day simple moving average of $10.57. The company has a quick ratio of 1.30, a current ratio of 1.50 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 83.32 and a beta of 0.90.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. Viavi Solutions had a net margin of 3.21% and a return on equity of 8.02%. The business had revenue of $290.50 million during the quarter, compared to analysts’ expectations of $285.19 million. During the same quarter in the prior year, the business posted $0.08 earnings per share. Viavi Solutions’s revenue was up 15.3% compared to the same quarter last year. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. Analysts predict that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Viavi Solutions in a research report on Wednesday, October 8th. Stifel Nicolaus reissued a “buy” rating and issued a $15.00 target price (up previously from $13.00) on shares of Viavi Solutions in a research report on Monday, October 13th. Susquehanna raised shares of Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 target price for the company in a research report on Friday, August 8th. UBS Group boosted their target price on shares of Viavi Solutions from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Friday, August 8th. Finally, Morgan Stanley raised shares of Viavi Solutions from an “underweight” rating to an “equal weight” rating and set a $11.00 target price for the company in a research report on Tuesday, September 2nd. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $13.72.

Insiders Place Their Bets

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 13,115 shares of the business’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $11.18, for a total transaction of $146,625.70. Following the completion of the transaction, the senior vice president owned 71,159 shares of the company’s stock, valued at approximately $795,557.62. The trade was a 15.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Luke M. Scrivanich sold 11,873 shares of the business’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $11.18, for a total value of $132,740.14. Following the transaction, the senior vice president directly owned 66,836 shares of the company’s stock, valued at approximately $747,226.48. The trade was a 15.08% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 73,789 shares of company stock valued at $857,189. 1.80% of the stock is currently owned by corporate insiders.

About Viavi Solutions

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.