Insider Selling: Viavi Solutions (NASDAQ:VIAV) SVP Sells $442,348.50 in Stock

Viavi Solutions Inc. (NASDAQ:VIAV) SVP Kevin Christopher Siebert sold 24,225 shares of Viavi Solutions 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Kevin Christopher Siebert also recently made the following trade(s):

• On Monday, November 3rd, Kevin Christopher Siebert sold 11,148 shares of Viavi Solutions stock. The stock was sold at an average price of $17.29, for a total value of $192,748.92.
• On Thursday, September 25th, Kevin Christopher Siebert sold 9,927 shares of Viavi Solutions stock. The stock was sold at an average price of $12.17, for a total value of $120,811.59.

Viavi Solutions Price Performance

Shares of NASDAQ:VIAV opened at $19.20 on Thursday. The company has a market cap of $4.29 billion, a P/E ratio of 274.29 and a beta of 0.96. The business has a fifty day simple moving average of $15.73 and a 200-day simple moving average of $12.38. Viavi Solutions Inc. has a 52 week low of $8.10 and a 52 week high of $19.73. The company has a quick ratio of 1.74, a current ratio of 1.99 and a debt-to-equity ratio of 0.88.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.The firm had revenue of $299.10 million for the quarter, compared to analyst estimates of $294.35 million. During the same period last year, the company earned $0.06 EPS. The firm’s quarterly revenue was up 25.6% on a year-over-year basis. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Equities research analysts forecast that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on VIAV. Argus increased their target price on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. UBS Group upped their price target on Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Needham & Company LLC raised their price objective on Viavi Solutions from $16.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. B. Riley upgraded Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 target price for the company in a report on Thursday, October 30th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Viavi Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $16.89.

Institutional Investors Weigh In On Viavi Solutions

Hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in Viavi Solutions by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after acquiring an additional 825 shares during the period. Family Legacy Financial Solutions LLC purchased a new position in shares of Viavi Solutions in the second quarter valued at $43,000. Johnson Financial Group Inc. acquired a new stake in Viavi Solutions during the 3rd quarter valued at $44,000. Covestor Ltd increased its stake 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 buying an additional 676 shares during the period. Finally, Nisa Investment Advisors LLC lifted its holdings in Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after buying an additional 898 shares in the last quarter. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

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.