Insider Selling: Viavi Solutions (NASDAQ:VIAV) CEO Sells 85,836 Shares of Stock

Viavi Solutions Inc. (NASDAQ:VIAV) 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 transaction of $1,513,288.68. Following the transaction, the chief executive officer directly 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Oleg Khaykin also recently made the following trade(s):

• On Tuesday, December 2nd, Oleg Khaykin sold 68,810 shares of Viavi Solutions stock. The stock was sold at an average price of $17.77, for a total transaction of $1,222,753.70.

Viavi Solutions Trading Down 0.3%

VIAV stock traded down $0.05 during trading on Tuesday, reaching $17.56. 4,168,892 shares of the stock were exchanged, compared to its average volume of 2,705,334. 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 $3.92 billion, a price-to-earnings ratio of 250.86 and a beta of 0.96. The business has a 50 day moving average price of $14.92 and a 200-day moving average price of $11.95. Viavi Solutions Inc. has a 1 year low of $8.10 and a 1 year 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 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The business had revenue of $299.10 million during the quarter, compared to analysts’ expectations of $294.35 million. Viavi Solutions had a net margin of 1.33% and a return on equity of 10.68%. The business’s revenue for the quarter was up 25.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.06 EPS. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. On average, research analysts predict that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Institutional Trading of Viavi Solutions

Several hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC grew its holdings in shares of Viavi Solutions by 33.6% in 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 in the last quarter. Johnson Financial Group Inc. purchased a new position in Viavi Solutions in the 3rd quarter valued at approximately $44,000. Covestor Ltd boosted its position in Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after buying an additional 676 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of Viavi Solutions by 32.0% in the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after acquiring an additional 898 shares in the last quarter. Finally, Family Legacy Financial Solutions LLC purchased a new stake in shares of Viavi Solutions during the second quarter worth $43,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. UBS Group lifted their target price on Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Argus boosted their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Rosenblatt Securities upped their target price on shares of Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Morgan Stanley upgraded shares of Viavi Solutions from an “underweight” rating to an “equal weight” rating and set a $11.00 price target for the company in a research report on Tuesday, September 2nd. Finally, Needham & Company LLC boosted their price target on shares of Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.89.

Viavi Solutions Company 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.