Versor Investments LP Buys Shares of 33,615 Viavi Solutions Inc. $VIAV

Versor Investments LP bought a new stake in Viavi Solutions Inc. (NASDAQ:VIAV) in the 4th quarter, HoldingsChannel reports. The fund bought 33,615 shares of the communications equipment provider’s stock, valued at approximately $599,000.

Other institutional investors also recently bought and sold shares of the company. Johnson Financial Group Inc. acquired a new stake in Viavi Solutions in the third quarter valued at approximately $44,000. Covestor Ltd raised its holdings in shares of Viavi Solutions by 22.9% in the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after buying an additional 676 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Viavi Solutions by 32.0% in the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after buying an additional 898 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Viavi Solutions by 25.8% in the fourth quarter. GAMMA Investing LLC now owns 4,123 shares of the communications equipment provider’s stock worth $73,000 after buying an additional 845 shares during the last quarter. Finally, Swiss Life Asset Management Ltd purchased a new position in shares of Viavi Solutions in the third quarter worth $133,000. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VIAV has been the subject of a number of research analyst reports. Susquehanna raised their price target on shares of Viavi Solutions from $25.00 to $65.00 and gave the stock a “positive” rating in a report on Thursday, April 30th. Needham & Company LLC raised their price target on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. UBS Group raised 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, May 2nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Viavi Solutions in a report on Wednesday, April 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $39.25.

Viavi Solutions Trading Up 0.4%

Shares of Viavi Solutions stock opened at $53.63 on Thursday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39. The firm has a fifty day moving average price of $39.51 and a 200 day moving average price of $26.94. Viavi Solutions Inc. has a 1 year low of $8.87 and a 1 year high of $60.43. The stock has a market cap of $12.54 billion, a PE ratio of -223.45 and a beta of 1.22.

Viavi Solutions (NASDAQ:VIAV) last issued its earnings results 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. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The firm had revenue of $406.80 million during the quarter, compared to analysts’ expectations of $393.80 million. During the same quarter last year, the company posted $0.15 earnings per share. The firm’s revenue was up 42.8% compared to the same quarter last year. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Equities research analysts predict that Viavi Solutions Inc. will post 0.73 earnings per share for the current year.

Insider Activity

In related news, Director Richard Belluzzo sold 15,775 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $26.85, for a total transaction of $423,558.75. Following the completion of the transaction, the director owned 211,850 shares of the company’s stock, valued at $5,688,172.50. This trade represents a 6.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Doug Gilstrap sold 10,000 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $55.00, for a total transaction of $550,000.00. Following the transaction, the director directly owned 55,766 shares of the company’s stock, valued at approximately $3,067,130. This trade represents a 15.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 476,959 shares of company stock valued at $24,582,112 over the last quarter. Insiders own 1.80% of the company’s stock.

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.