Insider Selling: Viavi Solutions (NASDAQ:VIAV) SVP Sells 11,148 Shares of Stock

Viavi Solutions Inc. (NASDAQ:VIAV) SVP Kevin Christopher Siebert sold 11,148 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $17.29, for a total transaction of $192,748.92. Following the completion of the sale, the senior vice president directly owned 73,450 shares in the company, valued at approximately $1,269,950.50. The trade was a 13.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Kevin Christopher Siebert also recently made the following trade(s):

• On Thursday, September 25th, Kevin Christopher Siebert sold 9,927 shares of Viavi Solutions stock. The stock was sold at an average price of $12.17, for a total transaction of $120,811.59.
• On Friday, August 29th, Kevin Christopher Siebert sold 13,115 shares of Viavi Solutions stock. The stock was sold at an average price of $11.18, for a total transaction of $146,625.70.
• On Friday, August 29th, Kevin Christopher Siebert sold 13,115 shares of Viavi Solutions stock. The stock was sold at an average price of $11.18, for a total transaction of $146,625.70.

Viavi Solutions Trading Down 4.4%

Shares of NASDAQ VIAV traded down $0.78 during midday trading on Tuesday, reaching $16.76. 4,783,948 shares of the stock were exchanged, compared to its average volume of 2,608,888. The company has a market capitalization of $3.73 billion, a P/E ratio of 239.43 and a beta of 0.90. Viavi Solutions Inc. has a 52-week low of $8.10 and a 52-week high of $17.99. The company has a current ratio of 1.50, a quick ratio of 1.30 and a debt-to-equity ratio of 0.51. The stock has a 50 day moving average price of $12.75 and a 200-day moving average price of $10.90.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. The business had revenue of $299.10 million during the quarter, compared to the consensus estimate of $294.35 million. Viavi Solutions had a net margin of 1.33% and a return on equity of 10.68%. The company’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.06 earnings per share. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Equities research analysts expect that Viavi Solutions Inc. will post 0.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Rosenblatt Securities raised their target price on shares of Viavi Solutions from $15.00 to $19.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Stifel Nicolaus reissued a “buy” rating and issued a $15.00 target price (up from $13.00) on shares of Viavi Solutions in a research report on Monday, October 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Viavi Solutions in a research report on Wednesday, October 8th. Susquehanna raised shares of Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 price target on the stock in a research report on Friday, August 8th. Finally, Needham & Company LLC lifted their price target on shares of Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.11.

Institutional Trading of Viavi Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased 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 buying an additional 540,045 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of Viavi Solutions by 0.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 10,560,567 shares of the communications equipment provider’s stock worth $118,173,000 after buying an additional 36,172 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of Viavi Solutions by 16.6% in the second quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider’s stock worth $82,709,000 after buying an additional 1,166,547 shares during the last quarter. Woodline Partners LP increased 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 buying an additional 948,472 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Viavi Solutions by 0.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,358,676 shares of the communications equipment provider’s stock worth $37,584,000 after buying an additional 23,783 shares during the last quarter. Institutional investors own 95.54% of the company’s stock.

Viavi Solutions Company 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.