Insider Selling: Viavi Solutions (NASDAQ:VIAV) EVP Sells 1,657 Shares of Stock

Viavi Solutions Inc. (NASDAQ:VIAV) EVP Paul Mcnab sold 1,657 shares of Viavi Solutions stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $18.14, for a total value of $30,057.98. Following the completion of the sale, the executive vice president owned 26,387 shares of the company’s stock, valued at $478,660.18. The trade was a 5.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Paul Mcnab also recently made the following trade(s):

• On Monday, November 3rd, Paul Mcnab sold 12,617 shares of Viavi Solutions stock. The shares were sold at an average price of $17.41, for a total transaction of $219,661.97.

Viavi Solutions Stock Performance

Shares of NASDAQ VIAV traded down $0.30 during midday trading on Monday, reaching $17.65. 1,914,176 shares of the stock were exchanged, compared to its average volume of 2,694,495. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of 252.21 and a beta of 0.96. Viavi Solutions Inc. has a twelve month low of $8.10 and a twelve month high of $18.46. The firm has a 50-day simple moving average of $14.82 and a two-hundred day simple moving average of $11.90. The company has a quick ratio of 1.30, a current ratio of 1.50 and a debt-to-equity ratio of 0.51.

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 the consensus estimate of $0.13 by $0.02. The firm had revenue of $299.10 million during the quarter, compared to analysts’ expectations of $294.35 million. Viavi Solutions had a return on equity of 10.68% and a net margin of 1.33%.The firm’s revenue for the quarter was up 25.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.06 earnings per share. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. As a group, analysts anticipate that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.

Analyst Ratings Changes

VIAV has been the subject of several research analyst reports. UBS Group upped their target price on shares of Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Stifel Nicolaus reiterated a “buy” rating and issued a $15.00 price objective (up previously from $13.00) on shares of Viavi Solutions in a research report on Monday, October 13th. Rosenblatt Securities lifted their price target on shares of Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Susquehanna raised shares of Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 price objective on the stock in a research note on Friday, August 8th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Viavi Solutions in a research report on Tuesday, November 25th. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $16.89.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Covestor Ltd lifted its stake in shares of Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after purchasing an additional 676 shares during the last quarter. Lido Advisors LLC grew its holdings in shares of Viavi Solutions by 3.0% in the third quarter. Lido Advisors LLC now owns 24,082 shares of the communications equipment provider’s stock worth $306,000 after purchasing an additional 697 shares during the last quarter. GAMMA Investing LLC grew its stake in Viavi Solutions by 33.6% in the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after purchasing an additional 898 shares in the last quarter. Finally, Amalgamated Bank boosted its stake in Viavi Solutions by 1.8% in the third quarter. Amalgamated Bank now owns 64,746 shares of the communications equipment provider’s stock valued at $822,000 after acquiring an additional 1,165 shares in the last quarter. Institutional investors and hedge funds 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.