12,674 Shares in Viavi Solutions Inc. $VIAV Purchased by Vise Technologies Inc.

Vise Technologies Inc. purchased a new stake in shares of Viavi Solutions Inc. (NASDAQ:VIAV) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,674 shares of the communications equipment provider’s stock, valued at approximately $128,000.

A number of other large investors have also added to or reduced their stakes in the company. Woodline Partners LP boosted its position in shares of Viavi Solutions by 27.6% during the 1st quarter. Woodline Partners LP now owns 4,384,150 shares of the communications equipment provider’s stock valued at $49,059,000 after acquiring an additional 948,472 shares during the last quarter. Penserra Capital Management LLC bought a new stake in Viavi Solutions during the second quarter worth approximately $7,764,000. Nuveen LLC purchased a new stake in Viavi Solutions during the first quarter valued at approximately $6,582,000. Vanguard Group Inc. raised its position in Viavi Solutions by 1.8% during the first quarter. Vanguard Group Inc. now owns 30,440,070 shares of the communications equipment provider’s stock valued at $340,624,000 after purchasing an additional 540,045 shares during the period. Finally, Jane Street Group LLC increased its position in shares of Viavi Solutions by 280.6% during the 1st quarter. Jane Street Group LLC now owns 504,198 shares of the communications equipment provider’s stock valued at $5,642,000 after purchasing an additional 371,728 shares during the last quarter. Institutional investors own 95.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on VIAV. Susquehanna upgraded Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 price target for the company in a research report on Friday, August 8th. UBS Group increased their target price on shares of Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Argus raised their target price on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Rosenblatt Securities upped their price target on shares of Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, B. Riley raised shares of Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Viavi Solutions presently has an average rating of “Moderate Buy” and an average price target of $16.89.

Viavi Solutions Stock Down 0.7%

Shares of VIAV opened at $16.58 on Wednesday. The firm has a fifty day moving average price of $14.04 and a 200-day moving average price of $11.46. The company has a current ratio of 1.50, a quick ratio of 1.30 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $3.70 billion, a P/E ratio of 236.86 and a beta of 0.95. Viavi Solutions Inc. has a 12-month low of $8.10 and a 12-month high of $18.46.

Viavi Solutions (NASDAQ:VIAV) last posted 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. Viavi Solutions had a net margin of 1.33% and a return on equity of 10.68%. The company had revenue of $299.10 million for the quarter, compared to the consensus estimate of $294.35 million. During the same quarter last year, the firm posted $0.06 EPS. The firm’s revenue was up 25.6% compared to the same quarter last year. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Equities research analysts expect that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Insider Buying and Selling at Viavi Solutions

In other Viavi Solutions news, EVP Paul Mcnab sold 12,617 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $17.41, for a total transaction of $219,661.97. Following the transaction, the executive vice president directly owned 28,044 shares in the company, valued at $488,246.04. This trade represents a 31.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Luke M. Scrivanich sold 11,873 shares of Viavi Solutions stock in a transaction on Friday, August 29th. The shares were sold at an average price of $11.18, for a total value of $132,740.14. Following the sale, the senior vice president directly owned 66,836 shares of the company’s stock, valued at approximately $747,226.48. This trade represents a 15.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 322,719 shares of company stock valued at $5,263,292. 1.80% of the stock is owned by corporate insiders.

Viavi Solutions 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.