129,117 Shares in Viavi Solutions Inc. $VIAV Bought by Calamos Advisors LLC

Calamos Advisors LLC acquired a new stake in Viavi Solutions Inc. (NASDAQ:VIAV) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 129,117 shares of the communications equipment provider’s stock, valued at approximately $4,297,000.

Other hedge funds have also recently modified their holdings of the company. WPG Advisers LLC grew its position in shares of Viavi Solutions by 96.2% during the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 380 shares during the period. Cedar Mountain Advisors LLC purchased a new position in shares of Viavi Solutions in the 1st quarter valued at about $50,000. State of Wyoming acquired a new position in Viavi Solutions in the 4th quarter worth about $34,000. Hantz Financial Services Inc. raised its holdings in Viavi Solutions by 86.2% in the 4th quarter. Hantz Financial Services Inc. now owns 2,845 shares of the communications equipment provider’s stock worth $51,000 after purchasing an additional 1,317 shares during the period. Finally, Johnson Financial Group Inc. purchased a new position in Viavi Solutions during the third quarter worth approximately $44,000. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on VIAV. UBS Group boosted 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. Weiss Ratings raised shares of Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. B. Riley Financial lifted their target price on shares of Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Rosenblatt Securities reiterated a “buy” rating and issued a $70.00 target price on shares of Viavi Solutions in a research report on Wednesday, June 10th. Finally, Wall Street Zen raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Viavi Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $42.88.

Viavi Solutions Trading Down 4.1%

Shares of VIAV opened at $40.12 on Thursday. 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 $9.61 and a 12-month high of $60.43. The firm has a 50-day moving average price of $48.44 and a 200 day moving average price of $36.66. The firm has a market capitalization of $9.38 billion, a P/E ratio of -167.16 and a beta of 1.18.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The business had revenue of $406.80 million during the quarter, compared to analysts’ expectations of $393.80 million. During the same period in the prior year, the business posted $0.15 EPS. The company’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. Sell-side analysts forecast that Viavi Solutions Inc. will post 0.73 EPS for the current year.

Insider Buying and Selling

In related news, SVP Luke M. Scrivanich sold 10,693 shares of Viavi Solutions stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $53.00, for a total value of $566,729.00. Following the completion of the transaction, the senior vice president owned 39,287 shares in the company, valued at $2,082,211. The trade was a 21.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Kevin Christopher Siebert sold 8,255 shares of Viavi Solutions stock in a transaction on Monday, May 4th. The stock was sold at an average price of $54.02, for a total transaction of $445,935.10. Following the sale, the senior vice president directly owned 20,129 shares of the company’s stock, valued at approximately $1,087,368.58. This trade represents a 29.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 450,369 shares of company stock worth $23,789,119 over the last ninety days. Company 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.