Viavi Solutions Inc. $VIAV Shares Sold by Royal Bank of Canada

Royal Bank of Canada decreased its holdings in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 11.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 108,562 shares of the communications equipment provider’s stock after selling 14,483 shares during the period. Royal Bank of Canada’s holdings in Viavi Solutions were worth $3,613,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Capital World Investors raised its holdings in shares of Viavi Solutions by 4.4% in the 4th quarter. Capital World Investors now owns 15,620,410 shares of the communications equipment provider’s stock worth $278,356,000 after purchasing an additional 664,956 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Viavi Solutions by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider’s stock worth $86,875,000 after buying an additional 231,570 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Viavi Solutions by 0.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 6,673,145 shares of the communications equipment provider’s stock worth $118,915,000 after buying an additional 33,463 shares in the last quarter. Geode Capital Management LLC grew its position in Viavi Solutions by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 5,351,211 shares of the communications equipment provider’s stock worth $95,373,000 after buying an additional 20,776 shares during the last quarter. Finally, Invesco Ltd. grew its position in Viavi Solutions by 116.0% in the fourth quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider’s stock worth $67,886,000 after buying an additional 2,045,702 shares during the last quarter. Institutional investors and hedge funds own 95.54% of the company’s stock.

Key Viavi Solutions News

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

• Positive Sentiment: Analyst estimates raised materially: Northland Securities increased its FY2027 EPS forecast to $1.45 from $1.07, while raising estimates for Q1, Q2, Q3 and Q4 2027. The revised quarterly forecasts range from $0.34 to $0.38 per share, signaling expectations for improving profitability. Northland Securities earnings estimates
• Positive Sentiment: AI infrastructure tailwinds: Viavi is benefiting from data-center expansion and demand for network testing, while new testing capabilities and margin expansion are supporting faster growth. Viavi Solutions Gains From AI Infrastructure Demand as Margins Expand
• Positive Sentiment: Product launch expands addressable opportunities: Viavi introduced the Vertex 6.0 channel emulator for 6G and Wi-Fi 7/8 testing, strengthening its positioning in next-generation wireless development and validation. VIAVI Introduces Vertex 6.0 Channel Emulator
• Positive Sentiment: Price-target optimism: The average Wall Street price target implies 38.8% potential upside. However, the article notes that price targets are an imperfect indicator; improving earnings-estimate revisions provide the more meaningful bullish signal. Viavi Solutions Analyst Price Target Potential
• Neutral Sentiment: Key question is margin durability: Recent commentary focuses on whether Viavi can sustain its improving margin profile as growth accelerates, making future earnings quality an important catalyst. Viavi Solutions Q4 Margin Review
• Negative Sentiment: Valuation and execution risks remain: Viavi’s premium valuation and weak quantitative signals could limit additional upside. A recent pullback also reflects concerns about weak wireless demand and potential dilution despite strong revenue, earnings and margin trends. Viavi Solutions Premium Valuation Analysis

Wall Street Analyst Weigh In

Several research analysts have issued reports on VIAV shares. Weiss Ratings cut Viavi Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday. Rosenblatt Securities reissued a “buy” rating and set a $70.00 price objective on shares of Viavi Solutions in a research note on Thursday, August 6th. UBS Group decreased their target price on Viavi Solutions from $60.00 to $44.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Stifel Nicolaus boosted their target price on Viavi Solutions from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Susquehanna upped their target price on Viavi Solutions from $65.00 to $66.00 and gave the company a “positive” rating in a report on Wednesday, July 1st. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $49.88.

Viavi Solutions Stock Performance

Viavi Solutions stock opened at $43.54 on Friday. The firm’s 50 day simple moving average is $43.23 and its 200-day simple moving average is $39.74. The company has a market cap of $10.18 billion, a P/E ratio of -290.25 and a beta of 1.21. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.62. Viavi Solutions Inc. has a fifty-two week low of $10.44 and a fifty-two week high of $60.43.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. The business had revenue of $443.10 million during the quarter, compared to the consensus estimate of $432.62 million. During the same quarter in the prior year, the firm earned $0.13 EPS. The firm’s quarterly revenue was up 52.5% on a year-over-year basis. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. As a group, equities research analysts predict that Viavi Solutions Inc. will post 1.32 EPS for the current year.

Insider Activity

In other news, EVP Paul Mcnab sold 1,595 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $37.37, for a total value of $59,605.15. Following the completion of the sale, the executive vice president owned 13,876 shares in the company, valued at $518,546.12. This represents a 10.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.80% of the stock is owned by insiders.

Viavi Solutions 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.