Viavi Solutions (NASDAQ:VIAV) Director Sells $550,000.00 in Stock

Viavi Solutions Inc. (NASDAQ:VIAV) Director Doug Gilstrap sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $55.00, for a total value of $550,000.00. Following the sale, the director directly owned 55,766 shares in the company, valued at $3,067,130. This trade represents a 15.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Viavi Solutions Price Performance

Shares of NASDAQ:VIAV opened at $51.21 on Friday. The business’s 50 day simple moving average is $37.76 and its 200-day simple moving average is $25.82. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of -213.37 and a beta of 1.22. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39. Viavi Solutions Inc. has a 12 month low of $8.87 and a 12 month high of $60.43.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The business had revenue of $406.80 million for the quarter, compared to analyst estimates of $393.80 million. During the same quarter in the previous year, the company earned $0.15 EPS. The company’s quarterly revenue was up 42.8% on a year-over-year basis. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. As a group, equities analysts forecast that Viavi Solutions Inc. will post 0.71 earnings per share for the current fiscal year.

Viavi Solutions News Summary

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

• Positive Sentiment: Wall Street sentiment has improved after earnings, with multiple analysts raising price targets and Northland lifting its FY2026 EPS estimate, reinforcing a stronger outlook for Viavi Solutions. Analyst upside article
• Positive Sentiment: Investor interest is also being supported by a new product story: Viavi’s 400G CF1000 platform is drawing attention for AI data center testing and security, which could help the company benefit from AI infrastructure spending. AI data center product article
• Positive Sentiment: Recent earnings were also solid, with Viavi beating EPS and revenue estimates and issuing guidance that suggests ongoing operating momentum. Earnings summary
• Neutral Sentiment: The stock has also attracted attention from institutional investors, but the ownership changes cited are not a clear immediate catalyst for today’s move. Institutional activity
• Negative Sentiment: Offsetting the bullish themes, CEO Oleg Khaykin disclosed several large stock sales in early May, including a recent sale of 136,547 shares, which may be pressuring shares as investors question insider confidence at elevated prices. CEO SEC filing
• Negative Sentiment: Other executives also sold stock, adding to the appearance of clustered insider selling and potentially capping enthusiasm despite the stronger operational narrative. Insider selling roundup

Analyst Upgrades and Downgrades

VIAV has been the subject of several recent research reports. Wall Street Zen upgraded shares of Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Stifel Nicolaus lifted their price objective on Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. B. Riley Financial lifted their price objective on Viavi Solutions from $26.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Rosenblatt Securities lifted their price objective on Viavi Solutions from $27.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Finally, Needham & Company LLC lifted their price objective on Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $39.25.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Hollencrest Capital Management raised its holdings in Viavi Solutions by 15,584.5% in the 1st quarter. Hollencrest Capital Management now owns 9,097 shares of the communications equipment provider’s stock valued at $303,000 after acquiring an additional 9,039 shares during the last quarter. Swiss National Bank raised its holdings in Viavi Solutions by 0.6% in the 1st quarter. Swiss National Bank now owns 441,600 shares of the communications equipment provider’s stock valued at $14,696,000 after acquiring an additional 2,600 shares during the last quarter. Jennison Associates LLC acquired a new position in Viavi Solutions in the 1st quarter valued at $22,779,000. Allspring Global Investments Holdings LLC acquired a new position in Viavi Solutions in the 1st quarter valued at $75,294,000. Finally, Maryland State Retirement & Pension System raised its holdings in Viavi Solutions by 3.6% in the 1st quarter. Maryland State Retirement & Pension System now owns 33,756 shares of the communications equipment provider’s stock valued at $1,123,000 after acquiring an additional 1,184 shares during the last quarter. 95.54% of the stock is currently owned by institutional investors and hedge funds.

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.