FNY Investment Advisers LLC Invests $716,000 in Viavi Solutions Inc. $VIAV

FNY Investment Advisers LLC purchased a new position in Viavi Solutions Inc. (NASDAQ:VIAV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,010 shares of the communications equipment provider’s stock, valued at approximately $716,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada lifted its position in Viavi Solutions by 11.5% during the first quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider’s stock worth $2,051,000 after purchasing an additional 18,910 shares during the period. AQR Capital Management LLC grew its stake in Viavi Solutions by 110.5% during the first quarter. AQR Capital Management LLC now owns 33,663 shares of the communications equipment provider’s stock worth $377,000 after buying an additional 17,673 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Viavi Solutions by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,061 shares of the communications equipment provider’s stock valued at $1,467,000 after buying an additional 5,775 shares during the period. Millennium Management LLC increased its holdings in Viavi Solutions by 205.4% in the 1st quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider’s stock valued at $5,335,000 after buying an additional 320,662 shares during the period. Finally, United Services Automobile Association bought a new position in Viavi Solutions in the 1st quarter valued at about $165,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Wall Street Analyst Weigh In

VIAV has been the subject of a number of recent analyst reports. Stifel Nicolaus upped their price target on shares of Viavi Solutions from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday. Wall Street Zen raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Needham & Company LLC lowered their price objective on shares of Viavi Solutions from $68.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday. Susquehanna boosted their price objective on shares of Viavi Solutions from $65.00 to $66.00 and gave the company a “positive” rating in a research report on Wednesday, July 1st. Finally, Rosenblatt Securities restated a “buy” rating and set a $70.00 target price on shares of Viavi Solutions in a research note on Thursday. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $49.88.

Viavi Solutions Stock Up 4.3%

NASDAQ:VIAV opened at $40.59 on Friday. Viavi Solutions Inc. has a one year low of $10.02 and a one year high of $60.43. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39. The company has a market cap of $9.49 billion, a PE ratio of -270.58 and a beta of 1.21. The firm’s 50 day simple moving average is $44.38 and its 200 day simple moving average is $38.96.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.04. The firm had revenue of $443.10 million during the quarter, compared to analysts’ expectations of $432.62 million. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 23.56%. The company’s revenue was up 52.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.13 EPS. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. On average, research analysts anticipate that Viavi Solutions Inc. will post 1.02 earnings per share for the current year.

More Viavi Solutions News

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

• Positive Sentiment: Viavi reported fiscal Q4 adjusted EPS of $0.34, exceeding the $0.30 consensus estimate, while revenue of $443.1 million surpassed expectations of $432.6 million. Revenue grew 52.5% year over year, helped by data-center and aerospace-and-defense demand and contributions from Spirent products. Viavi Solutions fiscal fourth-quarter earnings report
• Positive Sentiment: Fiscal Q1 2027 guidance was especially strong: EPS of $0.40-$0.42 versus the $0.27 analyst consensus and revenue of $450 million-$460 million versus expectations of $433.2 million. Management is also targeting a $500 million quarterly revenue run rate in calendar 2027. Viavi Q1 fiscal 2027 guidance
• Positive Sentiment: Several analysts remain bullish despite valuation adjustments. Stifel raised its target to $65 and retained a buy rating, while Rosenblatt reaffirmed buy with a $70 target. B. Riley and Needham also maintained buy ratings with $60 targets. Analyst ratings and price targets
• Neutral Sentiment: UBS lowered its target from $60 to $44 and changed its rating to neutral, citing a more cautious valuation outlook. The new target still implies moderate upside from the referenced $40.59 price, but signals less confidence than the other analysts.
• Negative Sentiment: Reported insider activity shows 26 sales and no purchases over the past six months, including substantial selling by executives. While sales may reflect scheduled diversification, the absence of insider buying could weigh on sentiment. Viavi earnings and insider activity

About Viavi Solutions

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.