Viavi Solutions (NASDAQ:VIAV) Director Doug Gilstrap Sells 10,000 Shares

Viavi Solutions Inc. (NASDAQ:VIAV) Director Doug Gilstrap sold 10,000 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $55.00, for a total transaction of $550,000.00. Following the completion of the sale, the director directly owned 55,766 shares in the company, valued at $3,067,130. This trade represents a 15.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Viavi Solutions Stock Performance

Shares of VIAV stock traded down $1.08 during trading hours on Wednesday, hitting $52.90. The company’s stock had a trading volume of 4,427,319 shares, compared to its average volume of 5,882,770. The company has a 50 day moving average of $36.81 and a 200 day moving average of $25.27. The stock has a market cap of $12.37 billion, a PE ratio of -220.39 and a beta of 1.22. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99. Viavi Solutions Inc. has a 12-month low of $8.87 and a 12-month high of $60.43.

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

Key Headlines Impacting Viavi Solutions

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

• Positive Sentiment: VIAVI launched the CyberFlood CF1000, a native 400G security and application-performance test appliance aimed at validating multi‑terabit and AI data-center infrastructure — a clear product bet on AI/data-center demand. VIAVI Launches CyberFlood CF1000 Appliance
• Positive Sentiment: Coverage highlights Viavi’s new test platform that adds security/validation capabilities specifically for inference and AI data centers — reinforcing TAM expansion and cross‑sell into modern DCs. Viavi test platform brings security to inference and AI data centers
• Positive Sentiment: Northland raised its FY2026 EPS estimate for Viavi to $0.75 (from $0.65), nudging consensus higher and supporting the view that profitability is improving. Northland Securities lifts FY2026 EPS estimate
• Positive Sentiment: Recent analyst writeups and earnings commentary emphasize strong Q1 revenue beat, improving adjusted margins and AI-driven demand — factors cited as why the stock had recently rallied. Why Viavi Solutions (VIAV) Stock Is Up Today
• Neutral Sentiment: Roundup of five analyst questions from Viavi’s Q1 call provides detail on demand drivers, margin cadence and channel dynamics — useful for modeling but not market-moving by itself. 5 must-read analyst questions from Viavi Solutions’s Q1 earnings call
• Neutral Sentiment: Analyst insight piece comparing Viavi with peers offers context on positioning across network test and security markets; helps investors benchmark risk/reward but is descriptive. Analysts Offer Insights on Technology Companies
• Negative Sentiment: A Seeking Alpha piece warns that Viavi’s AI/data-center hype may be outpacing sustainable profitability — flags GAAP earnings weakness, cyclical NSE exposure and the risk of overstretched multiples. Too Much Data Center Hype, Not Enough Growth In Profitability
• Negative Sentiment: An SVP sold 8,255 shares (~$445k) in early May, a disclosed insider sale that can create short‑term negative sentiment even if not necessarily signaling lack of conviction. Insider sale filing (Form 4)

Analyst Ratings Changes

A number of brokerages recently issued reports on VIAV. Weiss Ratings reissued a “sell (d-)” rating on shares of Viavi Solutions in a report on Wednesday, April 29th. B. Riley Financial increased their price target on shares of Viavi Solutions from $26.00 to $53.00 and gave the stock a “buy” rating in a report on Friday, April 24th. UBS Group increased their price target on shares of Viavi Solutions from $25.00 to $60.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Wall Street Zen raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Stifel Nicolaus increased their price target on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $39.25.

Hedge Funds Weigh In On Viavi Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VIAV. WPG Advisers LLC lifted its holdings in Viavi Solutions by 96.2% during the first quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 380 shares in the last quarter. State of Wyoming purchased a new position in Viavi Solutions during the fourth quarter valued at $34,000. Johnson Financial Group Inc. purchased a new position in Viavi Solutions during the third quarter valued at $44,000. Covestor Ltd lifted its holdings in Viavi Solutions by 22.9% during the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after purchasing an additional 676 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in Viavi Solutions by 32.0% during the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after purchasing an additional 898 shares in the last quarter. 95.54% of the stock is owned by hedge funds and other institutional investors.

Viavi Solutions Company Profile

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.