Viavi Solutions (NASDAQ:VIAV) SVP Sells $1,299,783.84 in Stock

Viavi Solutions Inc. (NASDAQ:VIAV) SVP Luke Scrivanich sold 35,866 shares of Viavi Solutions stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $36.24, for a total value of $1,299,783.84. Following the completion of the transaction, the senior vice president directly owned 39,598 shares of the company’s stock, valued at approximately $1,435,031.52. This trade represents a 47.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Viavi Solutions Stock Up 9.3%

Shares of NASDAQ:VIAV opened at $40.68 on Friday. Viavi Solutions Inc. has a 1 year low of $12.16 and a 1 year high of $60.43. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.62. The business’s 50-day moving average is $38.00 and its 200-day moving average is $41.84. The company has a market capitalization of $10.04 billion, a price-to-earnings ratio of -271.18 and a beta of 1.22.

Viavi Solutions (NASDAQ:VIAV) last released its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.30 by $0.04. The business had revenue of $443.10 million during the quarter, compared to analysts’ expectations of $432.62 million. Viavi Solutions had a positive return on equity of 19.60% and a negative net margin of 2.00%.The firm’s revenue was up 52.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 earnings per share. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. Equities research analysts predict that Viavi Solutions Inc. will post 1.42 earnings per share for the current year.

Hedge Funds Weigh In On Viavi Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of the business. HBK Investments L P bought a new stake in Viavi Solutions during the second quarter worth $9,550,000. Tidal Investments LLC boosted its position in Viavi Solutions by 697.1% in the second quarter. Tidal Investments LLC now owns 52,009 shares of the communications equipment provider’s stock worth $2,483,000 after purchasing an additional 45,484 shares during the last quarter. WINTON GROUP Ltd bought a new position in Viavi Solutions in the 2nd quarter valued at $372,000. Integrated Wealth Concepts LLC bought a new position in Viavi Solutions in the 2nd quarter valued at $149,000. Finally, NewEdge Advisors LLC increased its position in shares of Viavi Solutions by 309.4% during the 2nd quarter. NewEdge Advisors LLC now owns 1,130 shares of the communications equipment provider’s stock valued at $54,000 after purchasing an additional 854 shares during the last quarter. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Analyst Upgrades and Downgrades

VIAV has been the subject of several research analyst reports. B. Riley Financial lowered their price objective on shares of Viavi Solutions from $63.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. UBS Group cut their target price on shares of Viavi Solutions from $60.00 to $44.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Weiss Ratings cut shares of Viavi Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, September 8th. Stifel Nicolaus set a $65.00 price target on shares of Viavi Solutions in a research note on Wednesday. Finally, Needham & Company LLC dropped their price objective on shares of Viavi Solutions from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $55.43.

Viavi Solutions News Roundup

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

• Positive Sentiment: CMMC certification strengthens defense positioning: VIAVI’s Aerospace and Defense division completed Level 2 certification under the Cybersecurity Maturity Model Certification program. The credential may improve the company’s ability to serve government, defense and national-security customers, although it does not immediately provide a measurable revenue impact. VIAVI Successfully Achieves CMMC Level 2 Certification
• Positive Sentiment: AI and data-center demand are supporting the growth outlook: Recent commentary highlighted strong demand for VIAVI’s Network and Service Enablement products, adoption of 1.6-terabit networking and contributions from its Spirent acquisition. The company is also benefiting from broader exposure to AI data centers, 6G and wireless testing markets. Should VIAV Be in Your Portfolio After a 196.4% Gain in a Year?
• Positive Sentiment: Analyst remains bullish: Rosenblatt Securities reaffirmed a “Buy” rating and a $70 price target, well above recent trading levels. The broader analyst consensus remains “Moderate Buy,” with an average target of approximately $55.43. Rosenblatt Securities Reaffirms Buy Rating for Viavi Solutions
• Neutral Sentiment: Short-interest data showed no current short position: Reported short interest totaled zero shares as of September 24, producing a zero-day days-to-cover ratio. This could reduce short-selling pressure, though the figure may reflect a reporting or data anomaly rather than a meaningful change in investor positioning.
• Negative Sentiment: Insider selling creates a modest sentiment headwind: Senior Vice President Luke Scrivanich sold 35,866 shares valued at roughly $1.3 million, reducing his position by 47.5%. The transaction was made under a pre-arranged Rule 10b5-1 trading plan, which lessens its significance as a bearish signal. Luke Scrivanich Sells Shares of Viavi Solutions
• Negative Sentiment: Wireless weakness remains a risk: Analysts noted that softer wireless demand could limit growth even as data-center networking and Spirent-related opportunities provide momentum.

About Viavi Solutions

Viavi Solutions Inc (NASDAQ: VIAV) develops test, measurement, and assurance technologies for communications networks and optical systems. Its products and software help telecommunications providers, network equipment manufacturers, data centers, government organizations, and other enterprises build, validate, monitor, and maintain wired and wireless networks.

The company’s offerings include instruments and software for fiber-optic testing, network installation and certification, service activation, network performance monitoring, troubleshooting, and telecommunications equipment testing.