Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Viavi Solutions Inc. (NASDAQ:VIAV). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Viavi Solutions stock on May 4th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
Viavi Solutions Trading Up 0.8%
Shares of NASDAQ VIAV opened at $46.82 on Thursday. The firm’s 50 day moving average price is $46.66 and its 200-day moving average price is $31.65. The company has a market cap of $10.95 billion, a PE ratio of -195.08 and a beta of 1.18. Viavi Solutions Inc. has a 52-week low of $9.08 and a 52-week high of $60.43. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61.
Insider Activity
In related news, EVP Paul Mcnab sold 2,727 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $54.96, for a total transaction of $149,875.92. Following the sale, the executive vice president directly owned 15,471 shares of the company’s stock, valued at approximately $850,286.16. This represents a 14.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Doug Gilstrap sold 10,000 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $55.00, for a total transaction 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 450,369 shares of company stock valued at $23,789,119 in the last three months. Corporate insiders own 1.80% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on VIAV. Weiss Ratings upgraded shares of Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. B. Riley Financial raised their target price on shares of Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Rosenblatt Securities reiterated a “buy” rating and set a $70.00 price objective on shares of Viavi Solutions in a research report on Wednesday. Needham & Company LLC raised their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, UBS Group lifted their price objective on shares of Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.75.
Get Our Latest Stock Analysis on Viavi Solutions
Institutional Trading of Viavi Solutions
Large investors have recently made changes to their positions in the business. WPG Advisers LLC boosted its holdings in shares of Viavi Solutions by 96.2% in the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 380 shares during the last quarter. Cedar Mountain Advisors LLC purchased a new stake in Viavi Solutions during the first quarter worth $50,000. State of Wyoming purchased a new stake in Viavi Solutions during the fourth quarter worth $34,000. Hantz Financial Services Inc. boosted its holdings in Viavi Solutions by 86.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,845 shares of the communications equipment provider’s stock worth $51,000 after buying an additional 1,317 shares in the last quarter. Finally, Johnson Financial Group Inc. purchased a new stake in Viavi Solutions during the third quarter worth $44,000. 95.54% of the stock is owned by hedge funds and other institutional investors.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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.
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