SG Americas Securities LLC Acquires 19,669 Shares of Viavi Solutions Inc. $VIAV

SG Americas Securities LLC grew its holdings in Viavi Solutions Inc. (NASDAQ:VIAV) by 55.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,997 shares of the communications equipment provider’s stock after acquiring an additional 19,669 shares during the period. SG Americas Securities LLC’s holdings in Viavi Solutions were worth $554,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Teacher Retirement System of Texas raised its stake in Viavi Solutions by 0.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 261,801 shares of the communications equipment provider’s stock worth $2,636,000 after acquiring an additional 1,302 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Viavi Solutions by 31.3% in the first quarter. Smartleaf Asset Management LLC now owns 10,928 shares of the communications equipment provider’s stock worth $123,000 after purchasing an additional 2,605 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its position in shares of Viavi Solutions by 5.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 49,708 shares of the communications equipment provider’s stock valued at $501,000 after purchasing an additional 2,683 shares during the period. Los Angeles Capital Management LLC lifted its stake in shares of Viavi Solutions by 3.3% during the 2nd quarter. Los Angeles Capital Management LLC now owns 106,490 shares of the communications equipment provider’s stock valued at $1,072,000 after buying an additional 3,370 shares in the last quarter. Finally, Family Legacy Financial Solutions LLC purchased a new position in shares of Viavi Solutions during the 2nd quarter valued at $43,000. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. B. Riley raised Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Thursday, October 30th. Argus lifted their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Needham & Company LLC upped their target price on shares of Viavi Solutions from $16.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Stifel Nicolaus reaffirmed a “buy” rating and set a $15.00 target price (up from $13.00) on shares of Viavi Solutions in a research note on Monday, October 13th. Finally, Susquehanna upgraded 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 note on Friday, August 8th. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Viavi Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $16.89.

Viavi Solutions Stock Up 2.7%

Shares of NASDAQ:VIAV opened at $17.96 on Thursday. The firm has a market capitalization of $4.01 billion, a PE ratio of 256.57 and a beta of 0.96. The business has a 50 day simple moving average of $14.59 and a two-hundred day simple moving average of $11.76. Viavi Solutions Inc. has a 1 year low of $8.10 and a 1 year high of $18.46. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.50 and a quick ratio of 1.30.

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

Insiders Place Their Bets

In other Viavi Solutions news, EVP Paul Mcnab sold 12,617 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $17.41, for a total transaction of $219,661.97. Following the sale, the executive vice president owned 28,044 shares of the company’s stock, valued at approximately $488,246.04. The trade was a 31.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Keith Barnes sold 121,467 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $18.18, for a total transaction of $2,208,270.06. Following the sale, the director directly owned 27,213 shares in the company, valued at $494,732.34. This trade represents a 81.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 322,719 shares of company stock worth $5,263,292. Insiders own 1.80% 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.