Lisanti Capital Growth LLC Acquires Shares of 65,275 Viavi Solutions Inc. $VIAV

Lisanti Capital Growth LLC bought a new position in shares of Viavi Solutions Inc. (NASDAQ:VIAV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 65,275 shares of the communications equipment provider’s stock, valued at approximately $3,117,000.

Other hedge funds also recently made changes to their positions in the company. WPG Advisers LLC boosted its stake in shares of Viavi Solutions by 96.2% in the first quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock valued at $26,000 after buying an additional 380 shares during the period. Carolina Wealth Advisors LLC increased its stake in Viavi Solutions by 83.2% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider’s stock worth $41,000 after acquiring an additional 387 shares during the period. Corient Private Wealth LLC increased its stake in Viavi Solutions by 3.6% during the 4th quarter. Corient Private Wealth LLC now owns 11,400 shares of the communications equipment provider’s stock worth $204,000 after acquiring an additional 394 shares during the period. Lido Advisors LLC raised its holdings in Viavi Solutions by 2.0% in the 4th quarter. Lido Advisors LLC now owns 24,555 shares of the communications equipment provider’s stock valued at $438,000 after acquiring an additional 473 shares in the last quarter. Finally, Maryland State Retirement & Pension System raised its holdings in Viavi Solutions by 1.5% in the 4th quarter. Maryland State Retirement & Pension System now owns 32,572 shares of the communications equipment provider’s stock valued at $580,000 after acquiring an additional 478 shares in the last quarter. 95.54% of the stock is owned by institutional investors.

Viavi Solutions Price Performance

Shares of NASDAQ:VIAV opened at $38.74 on Thursday. Viavi Solutions Inc. has a one year low of $10.44 and a one year high of $60.43. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.62. The company has a market cap of $9.56 billion, a price-to-earnings ratio of -258.25 and a beta of 1.21. The firm has a 50 day simple moving average of $42.92 and a 200 day simple moving average of $40.30.

Viavi Solutions (NASDAQ:VIAV) last posted its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $443.10 million for the quarter, compared to analysts’ expectations of $432.62 million. During the same quarter in the previous year, the firm posted $0.13 earnings per share. The company’s 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. Research analysts predict that Viavi Solutions Inc. will post 1.32 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Paul Mcnab sold 1,595 shares of Viavi Solutions stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $37.37, for a total transaction of $59,605.15. Following the sale, the executive vice president directly owned 13,876 shares of the company’s stock, valued at approximately $518,546.12. This trade represents a 10.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Laura A. Black sold 71,000 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $46.12, for a total value of $3,274,520.00. Following the sale, the director owned 71,497 shares in the company, valued at approximately $3,297,441.64. This trade represents a 49.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on VIAV. UBS Group reduced 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 price target on Viavi Solutions from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Wall Street Zen raised shares of Viavi Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Rosenblatt Securities reiterated a “buy” rating and set a $70.00 price objective on shares of Viavi Solutions in a research note on Wednesday. Finally, B. Riley Financial decreased their target price on shares of Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Viavi Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $49.88.

Key Stories Impacting Viavi Solutions

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

• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating and maintained a $70 price target, implying substantial upside from recent trading levels. The firm’s view supports optimism about Viavi’s exposure to network testing, communications infrastructure and AI-related growth. Rosenblatt Securities rating report
• Positive Sentiment: Viavi’s latest quarterly results exceeded expectations, with earnings of $0.34 per share versus the $0.30 consensus estimate and revenue of $443.1 million versus forecasts of $432.6 million. Revenue increased 52.5% year over year, and management guided to first-quarter fiscal 2027 earnings of $0.40 to $0.42 per share.
• Positive Sentiment: Analyst sentiment remains favorable overall. Viavi has a “Moderate Buy” consensus rating and an average price target of $49.88, although several firms recently lowered their targets. Institutional investors also own approximately 95.5% of the company’s outstanding shares.
• Neutral Sentiment: Director Laura Black sold 71,000 shares for approximately $3.27 million at an average price of $46.12. She retained 71,497 shares, but the transaction reduced her direct ownership by 49.83%. The sale was disclosed in an SEC filing and may reflect personal portfolio management rather than a change in the company’s outlook. Laura Black insider sale
• Negative Sentiment: The insider transaction is likely weighing on sentiment because it was large relative to the director’s holdings and occurred near recent highs. The stock also remains volatile after a sharp rally, with a negative net margin and a valuation that is difficult to assess using its negative P/E ratio.

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.