Viavi Solutions Inc. $VIAV Shares Sold by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC cut its position in Viavi Solutions Inc. (NASDAQ:VIAV) by 2.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,409 shares of the communications equipment provider’s stock after selling 3,267 shares during the period. Knights of Columbus Asset Advisors LLC owned 0.07% of Viavi Solutions worth $1,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in VIAV. Victory Capital Management Inc. boosted its stake in shares of Viavi Solutions by 7,293.1% in the first quarter. Victory Capital Management Inc. now owns 3,083,135 shares of the communications equipment provider’s stock worth $34,500,000 after acquiring an additional 3,041,432 shares during the last quarter. Woodline Partners LP boosted its stake in shares of Viavi Solutions by 27.6% in the first quarter. Woodline Partners LP now owns 4,384,150 shares of the communications equipment provider’s stock worth $49,059,000 after acquiring an additional 948,472 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Viavi Solutions in the first quarter worth approximately $6,582,000. Vanguard Group Inc. boosted its stake in shares of Viavi Solutions by 1.8% in the first quarter. Vanguard Group Inc. now owns 30,440,070 shares of the communications equipment provider’s stock worth $340,624,000 after acquiring an additional 540,045 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Viavi Solutions by 280.6% in the first quarter. Jane Street Group LLC now owns 504,198 shares of the communications equipment provider’s stock worth $5,642,000 after acquiring an additional 371,728 shares during the last quarter. 95.54% of the stock is owned by institutional investors and hedge funds.

Viavi Solutions Price Performance

NASDAQ:VIAV opened at $12.78 on Tuesday. Viavi Solutions Inc. has a 52 week low of $8.10 and a 52 week high of $13.00. The company has a quick ratio of 1.30, a current ratio of 1.50 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $2.85 billion, a P/E ratio of 79.88 and a beta of 0.90. The stock’s fifty day moving average is $11.43 and its two-hundred day moving average is $10.44.

Viavi Solutions (NASDAQ:VIAV) last posted its earnings results on Thursday, August 7th. The communications equipment provider reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. Viavi Solutions had a return on equity of 8.02% and a net margin of 3.21%.The company had revenue of $290.50 million for the quarter, compared to the consensus estimate of $285.19 million. During the same quarter in the previous year, the business earned $0.08 earnings per share. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. Equities analysts expect that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Analysts Set New Price Targets

VIAV has been the topic of a number of research analyst reports. B. Riley lifted their price target on Viavi Solutions from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. Susquehanna upgraded Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 price objective on the stock in a research report on Friday, August 8th. UBS Group lifted their price objective on Viavi Solutions from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Rosenblatt Securities reiterated a “buy” rating and set a $13.50 price objective on shares of Viavi Solutions in a research report on Friday, June 20th. Finally, Morgan Stanley upgraded Viavi Solutions from an “underweight” rating to an “equal weight” rating and set a $11.00 price objective on the stock in a research report on Tuesday, September 2nd. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Viavi Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $13.50.

Insider Buying and Selling at Viavi Solutions

In related news, SVP Kevin Christopher Siebert sold 9,927 shares of the business’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $12.17, for a total value of $120,811.59. Following the sale, the senior vice president owned 84,598 shares in the company, valued at approximately $1,029,557.66. The trade was a 10.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard Belluzzo sold 8,387 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $12.63, for a total value of $105,927.81. Following the completion of the sale, the director owned 217,154 shares in the company, valued at $2,742,655.02. This represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 73,789 shares of company stock worth $857,189 over the last quarter. 1.52% of the stock is currently owned by company insiders.

Viavi Solutions Profile

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.