Nkcfo LLC Acquires Shares of 20,000 Viavi Solutions Inc. $VIAV

Nkcfo LLC acquired a new stake in Viavi Solutions Inc. (NASDAQ:VIAV) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 20,000 shares of the communications equipment provider’s stock, valued at approximately $254,000.

Several other large investors have also recently modified their holdings of the stock. Aberdeen Group plc purchased a new position in Viavi Solutions during the third quarter worth $20,110,000. Schroder Investment Management Group lifted its holdings in shares of Viavi Solutions by 16.6% in the 2nd quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider’s stock worth $82,709,000 after acquiring an additional 1,166,547 shares during the last quarter. Tributary Capital Management LLC boosted its stake in shares of Viavi Solutions by 92.9% during the 3rd quarter. Tributary Capital Management LLC now owns 2,207,642 shares of the communications equipment provider’s stock worth $28,015,000 after purchasing an additional 1,063,330 shares during the period. Balyasny Asset Management L.P. boosted its stake in shares of Viavi Solutions by 1,658.2% during the 2nd quarter. Balyasny Asset Management L.P. now owns 889,877 shares of the communications equipment provider’s stock worth $8,961,000 after purchasing an additional 839,265 shares during the period. Finally, Penserra Capital Management LLC bought a new position in Viavi Solutions during the 2nd quarter valued at about $7,764,000. Institutional investors own 95.54% of the company’s stock.

Viavi Solutions Trading Down 0.6%

VIAV opened at $27.37 on Tuesday. The stock’s fifty day moving average is $21.21 and its two-hundred day moving average is $16.58. The company has a market capitalization of $6.33 billion, a P/E ratio of -152.05 and a beta of 0.96. Viavi Solutions Inc. has a 52 week low of $8.10 and a 52 week high of $28.31. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $369.30 million for the quarter, compared to the consensus estimate of $365.25 million. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The business’s revenue was up 36.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Analysts forecast that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

VIAV has been the subject of several analyst reports. Susquehanna raised their price objective on shares of Viavi Solutions from $18.00 to $25.00 and gave the stock a “positive” rating in a research note on Thursday, January 29th. Needham & Company LLC raised their price target on Viavi Solutions from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Stifel Nicolaus boosted their price objective on Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Argus increased their target price on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Finally, B. Riley Financial lifted their target price on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Six 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $22.13.

Insider Buying and Selling at Viavi Solutions

In other news, CEO Oleg Khaykin sold 85,836 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $17.63, for a total value of $1,513,288.68. Following the completion of the sale, the chief executive officer owned 2,025,005 shares in the company, valued at approximately $35,700,838.15. The trade was a 4.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Kevin Christopher Siebert sold 24,225 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $18.26, for a total transaction of $442,348.50. Following the completion of the sale, the senior vice president directly owned 49,225 shares of the company’s stock, valued at $898,848.50. The trade was a 32.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 832,253 shares of company stock worth $18,676,085. Company insiders own 1.80% of the company’s stock.

Viavi Solutions 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.