Harbour Capital Advisors LLC Makes New $576,000 Investment in Viavi Solutions Inc. $VIAV

Harbour Capital Advisors LLC acquired a new stake in Viavi Solutions Inc. (NASDAQ:VIAV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 31,720 shares of the communications equipment provider’s stock, valued at approximately $576,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC lifted its position in Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after purchasing an additional 825 shares during the period. Johnson Financial Group Inc. acquired a new stake in Viavi Solutions during the 3rd quarter worth about $44,000. Covestor Ltd grew its position in Viavi Solutions by 22.9% during the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after purchasing an additional 676 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Viavi Solutions by 32.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after buying an additional 898 shares during the last quarter. Finally, Swiss Life Asset Management Ltd purchased a new position in shares of Viavi Solutions during the 3rd quarter valued at about $133,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Gary W. Staley sold 24,237 shares of Viavi Solutions stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $23.93, for a total value of $579,991.41. Following the sale, the senior vice president owned 136,267 shares of the company’s stock, valued at approximately $3,260,869.31. This trade represents a 15.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Oleg Khaykin sold 42,767 shares of Viavi Solutions stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $27.50, for a total transaction of $1,176,092.50. Following the completion of the sale, the chief executive officer directly owned 1,592,854 shares in the company, valued at $43,803,485. This represents a 2.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 485,772 shares of company stock valued at $12,736,803. 1.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

VIAV has been the topic of a number of recent research reports. Weiss Ratings restated a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. Rosenblatt Securities lifted their price target on Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday. Needham & Company LLC boosted their price target on Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Wall Street Zen lowered Viavi Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Susquehanna lifted their target price on shares of Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a report on Thursday, January 29th. Six equities 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 company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $25.00.

Viavi Solutions Price Performance

NASDAQ:VIAV opened at $31.44 on Friday. Viavi Solutions Inc. has a 52 week low of $8.10 and a 52 week high of $35.61. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46. The stock has a market capitalization of $7.27 billion, a PE ratio of -174.63 and a beta of 0.92. The stock’s 50-day moving average price is $26.16 and its 200-day moving average price is $19.15.

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

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.