11,810 Shares in Viavi Solutions Inc. $VIAV Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new position in shares of Viavi Solutions Inc. (NASDAQ:VIAV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,810 shares of the communications equipment provider’s stock, valued at approximately $210,000.

Other large investors have also recently made changes to their positions in the company. Johnson Financial Group Inc. purchased a new position in shares of Viavi Solutions during the 3rd quarter worth about $44,000. Hantz Financial Services Inc. boosted its stake in shares of Viavi Solutions by 86.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,845 shares of the communications equipment provider’s stock worth $51,000 after purchasing an additional 1,317 shares during the period. GAMMA Investing LLC boosted its stake in shares of Viavi Solutions by 25.8% during the 4th quarter. GAMMA Investing LLC now owns 4,123 shares of the communications equipment provider’s stock worth $73,000 after purchasing an additional 845 shares during the period. Swiss Life Asset Management Ltd purchased a new position in shares of Viavi Solutions during the 3rd quarter worth about $133,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Viavi Solutions by 12.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 10,835 shares of the communications equipment provider’s stock worth $136,000 after purchasing an additional 1,224 shares during the period. 95.54% of the stock is owned by hedge funds and other institutional investors.

Viavi Solutions Price Performance

Shares of VIAV opened at $48.56 on Friday. The company has a 50 day moving average price of $44.22 and a 200-day moving average price of $29.73. Viavi Solutions Inc. has a fifty-two week low of $8.87 and a fifty-two week high of $60.43. The stock has a market capitalization of $11.36 billion, a PE ratio of -202.32 and a beta of 1.22. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The firm had revenue of $406.80 million during the quarter, compared to analysts’ expectations of $393.80 million. During the same quarter in the prior year, the company earned $0.15 EPS. The company’s revenue was up 42.8% compared to the same quarter last year. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Equities analysts predict that Viavi Solutions Inc. will post 0.73 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Needham & Company LLC lifted their price target on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. UBS Group boosted their price objective on shares of Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Weiss Ratings raised shares of Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Susquehanna boosted their price objective on shares of Viavi Solutions from $25.00 to $65.00 and gave the company a “positive” rating in a research report on Thursday, April 30th. Finally, B. Riley Financial boosted their price objective on shares of Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $39.25.

Insider Transactions at Viavi Solutions

In other news, Director Doug Gilstrap sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $55.00, for a total value of $550,000.00. Following the completion of the sale, the director owned 55,766 shares of the company’s stock, valued at approximately $3,067,130. This represents a 15.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Kevin Christopher Siebert sold 8,255 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $54.02, for a total transaction of $445,935.10. Following the completion of the sale, the senior vice president directly owned 20,129 shares of the company’s stock, valued at $1,087,368.58. The trade was a 29.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 461,184 shares of company stock worth $24,158,554. 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.