Viavi Solutions (NASDAQ:VIAV) SVP Sells $192,748.92 in Stock

Viavi Solutions Inc. (NASDAQ:VIAV) SVP Kevin Christopher Siebert sold 11,148 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $17.29, for a total transaction of $192,748.92. Following the completion of the transaction, the senior vice president directly owned 73,450 shares of the company’s stock, valued at $1,269,950.50. This trade represents a 13.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Kevin Christopher Siebert also recently made the following trade(s):

• On Thursday, September 25th, Kevin Christopher Siebert sold 9,927 shares of Viavi Solutions stock. The shares were sold at an average price of $12.17, for a total value of $120,811.59.
• On Friday, August 29th, Kevin Christopher Siebert sold 13,115 shares of Viavi Solutions stock. The shares were sold at an average price of $11.18, for a total value of $146,625.70.
• On Friday, August 29th, Kevin Christopher Siebert sold 13,115 shares of Viavi Solutions stock. The stock was sold at an average price of $11.18, for a total value of $146,625.70.

Viavi Solutions Trading Up 0.6%

Shares of NASDAQ VIAV opened at $17.54 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.50 and a quick ratio of 1.30. The stock has a market capitalization of $3.91 billion, a P/E ratio of 250.57 and a beta of 0.96. Viavi Solutions Inc. has a 1-year low of $8.10 and a 1-year high of $17.99. The business has a fifty day moving average price of $13.11 and a 200 day moving average price of $11.04.

Viavi Solutions (NASDAQ:VIAV) last posted its earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. The company had revenue of $299.10 million for the quarter, compared to analyst estimates of $294.35 million. Viavi Solutions had a return on equity of 10.68% and a net margin of 1.33%.The firm’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.06 earnings per share. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Equities research analysts expect that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VIAV. Needham & Company LLC boosted their price objective on shares of Viavi Solutions from $16.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Argus upped their price target on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday. B. Riley raised Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c-)” rating on shares of Viavi Solutions in a research note on Wednesday, October 8th. Finally, Susquehanna raised Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 target price on the stock in a research report on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Viavi Solutions currently has an average rating of “Moderate Buy” and an average target price of $16.89.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Victory Capital Management Inc. lifted its holdings in shares of Viavi Solutions by 7,293.1% during the first quarter. Victory Capital Management Inc. now owns 3,083,135 shares of the communications equipment provider’s stock worth $34,500,000 after purchasing an additional 3,041,432 shares during the period. Schroder Investment Management Group raised its position in Viavi Solutions by 16.6% during the 2nd quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider’s stock worth $82,709,000 after buying an additional 1,166,547 shares during the last quarter. Tributary Capital Management LLC raised its position in Viavi Solutions by 92.9% during the 3rd quarter. Tributary Capital Management LLC now owns 2,207,642 shares of the communications equipment provider’s stock worth $28,015,000 after buying an additional 1,063,330 shares during the last quarter. Woodline Partners LP lifted its stake in Viavi Solutions by 27.6% during the 1st quarter. Woodline Partners LP now owns 4,384,150 shares of the communications equipment provider’s stock valued at $49,059,000 after acquiring an additional 948,472 shares during the period. Finally, Balyasny Asset Management L.P. boosted its holdings in shares of Viavi Solutions by 1,658.2% in the 2nd quarter. Balyasny Asset Management L.P. now owns 889,877 shares of the communications equipment provider’s stock valued at $8,961,000 after acquiring an additional 839,265 shares during the last quarter. 95.54% of the stock is owned by institutional investors and hedge funds.

Viavi Solutions Company Profile

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.