Viavi Solutions (NASDAQ:VIAV) SVP Luke Scrivanich Sells 10,693 Shares

Viavi Solutions Inc. (NASDAQ:VIAV) SVP Luke Scrivanich sold 10,693 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $53.00, for a total transaction of $566,729.00. Following the completion of the sale, the senior vice president directly owned 39,287 shares of the company’s stock, valued at approximately $2,082,211. The trade was a 21.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Viavi Solutions Trading Down 1.8%

NASDAQ VIAV traded down $0.97 during trading on Wednesday, hitting $53.00. The stock had a trading volume of 6,446,088 shares, compared to its average volume of 5,904,062. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61. The stock has a market capitalization of $12.40 billion, a price-to-earnings ratio of -220.83 and a beta of 1.22. Viavi Solutions Inc. has a one year low of $8.87 and a one year high of $60.43. The stock has a 50 day simple moving average of $36.81 and a 200 day simple moving average of $25.27.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings data on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.03. The business had revenue of $406.80 million during the quarter, compared to the consensus estimate of $393.80 million. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The firm’s quarterly revenue was up 42.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.15 earnings per share. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Sell-side analysts predict that Viavi Solutions Inc. will post 0.71 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on VIAV. Needham & Company LLC lifted their price target on shares of Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. B. Riley Financial lifted their price target on shares of Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, April 24th. UBS Group lifted their price target on shares of Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Susquehanna lifted their price target on shares of Viavi Solutions from $25.00 to $65.00 and gave the company a “positive” rating in a research note on Thursday, April 30th. Finally, Rosenblatt Securities lifted their price target on shares of Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Viavi Solutions currently has an average rating of “Moderate Buy” and an average target price of $39.25.

Key Headlines Impacting Viavi Solutions

Here are the key news stories impacting Viavi Solutions this week:

• Positive Sentiment: Product launch: VIAVI rolled out the CyberFlood CF1000, a native 400G security & application test appliance aimed at multi‑terabit and AI data center validation — a direct revenue play if enterprise and cloud customers adopt it. PR Newswire: CyberFlood CF1000
• Positive Sentiment: AI/data‑center momentum and product relevance: Coverage highlights VIAVI’s positioning in AI inference and data center testing (security/performance), reinforcing demand narratives that helped the stock rally over the past year. Zacks: Momentum Stock
• Positive Sentiment: Analyst/upside revisions: Firms have raised targets and some increased EPS forecasts (Northland lifted FY26 EPS estimates), and major brokers have boosted price targets — supportive for further upside given strong revenue and margin improvement noted in recent results.
• Neutral Sentiment: Recent quarter: VIAVI beat on revenue and EPS and provided FY guidance, which underpins the momentum but still shows GAAP quirks; investor focus will be on execution and margin conversion. (See earnings-call coverage.) MSN: Q1 earnings call
• Neutral Sentiment: Technology validation: SDxCentral coverage highlights VIAVI’s test platform adding security features for inference/AI data centers — positive for product credibility but timing of deployments will determine revenue impact. SDxCentral: Test platform
• Negative Sentiment: Insider selling: Multiple insiders (CEO Oleg Khaykin, director Doug Gilstrap, EVP Paul Mcnab, SVP Kevin Siebert) sold large blocks this week — including SEC Form 4 filings for the CEO’s multi‑million dollar disposals — which can weigh on sentiment even if sales are for diversification. SEC Form 4 (CEO sales) SEC Form 4 (Director) SEC Form 4 (SVP)
• Negative Sentiment: Critical analysis and cyclicality risk: A Seeking Alpha piece warns that AI/data‑center hype may outpace sustainable profitability; NSE (test equipment) demand is cyclical and OSP provides stability — investors may reassess valuation if growth slows. Seeking Alpha: Profitability concerns

Hedge Funds Weigh In On Viavi Solutions

Several institutional investors have recently bought and sold shares of VIAV. Royal Bank of Canada increased its holdings in Viavi Solutions by 11.5% during the first quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider’s stock valued at $2,051,000 after buying an additional 18,910 shares during the period. AQR Capital Management LLC increased its holdings in Viavi Solutions by 110.5% during the first quarter. AQR Capital Management LLC now owns 33,663 shares of the communications equipment provider’s stock valued at $377,000 after buying an additional 17,673 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Viavi Solutions by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,061 shares of the communications equipment provider’s stock valued at $1,467,000 after buying an additional 5,775 shares during the period. Millennium Management LLC increased its holdings in Viavi Solutions by 205.4% during the first quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider’s stock valued at $5,335,000 after buying an additional 320,662 shares during the period. Finally, United Services Automobile Association purchased a new position in Viavi Solutions during the first quarter valued at approximately $165,000. 95.54% of the stock is owned by hedge funds and other institutional investors.

About Viavi Solutions

Viavi Solutions Inc is a provider of network test, monitoring and assurance solutions for communications service providers, cable operators, enterprises and government agencies. The company offers an extensive portfolio of fiber optic and copper cable test and measurement instruments, wireless network testing equipment and network performance monitoring software. Its products are designed to support the deployment, maintenance and optimization of high-speed broadband, 5G wireless, data center and enterprise networks.

Viavi’s product offerings are organized into two primary segments: Network & Service Enablement and Optical Security & Performance.