Viavi Solutions (NASDAQ:VIAV) CEO Oleg Khaykin Sells 123,333 Shares

Viavi Solutions Inc. (NASDAQ:VIAV) CEO Oleg Khaykin sold 123,333 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $51.43, for a total value of $6,343,016.19. Following the transaction, the chief executive officer owned 1,325,345 shares in the company, valued at $68,162,493.35. The trade was a 8.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Friday, May 8th, Oleg Khaykin sold 136,547 shares of Viavi Solutions stock. The stock was sold at an average price of $51.82, for a total value of $7,075,865.54.
• On Wednesday, May 6th, Oleg Khaykin sold 34,024 shares of Viavi Solutions stock. The stock was sold at an average price of $54.07, for a total value of $1,839,677.68.
• On Tuesday, May 5th, Oleg Khaykin sold 20,238 shares of Viavi Solutions stock. The stock was sold at an average price of $54.77, for a total value of $1,108,435.26.
• On Tuesday, May 5th, Oleg Khaykin sold 104,552 shares of Viavi Solutions stock. The stock was sold at an average price of $54.61, for a total value of $5,709,584.72.
• On Tuesday, February 10th, Oleg Khaykin sold 20,000 shares of Viavi Solutions stock. The stock was sold at an average price of $27.51, for a total value of $550,200.00.
• On Tuesday, February 10th, Oleg Khaykin sold 42,767 shares of Viavi Solutions stock. The stock was sold at an average price of $27.50, for a total value of $1,176,092.50.
• On Monday, February 9th, Oleg Khaykin sold 73,250 shares of Viavi Solutions stock. The stock was sold at an average price of $26.25, for a total value of $1,922,812.50.

Viavi Solutions Price Performance

Shares of NASDAQ:VIAV opened at $51.21 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99. Viavi Solutions Inc. has a twelve month low of $8.87 and a twelve month high of $60.43. The stock’s 50 day moving average is $37.76 and its 200-day moving average is $25.82. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of -213.37 and a beta of 1.22.

Viavi Solutions (NASDAQ:VIAV) last issued its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The company had revenue of $406.80 million for the quarter, compared to analyst estimates of $393.80 million. During the same period in the prior year, the firm earned $0.15 earnings per share. Viavi Solutions’s revenue for the quarter was up 42.8% on a year-over-year basis. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Sell-side analysts forecast that Viavi Solutions Inc. will post 0.71 EPS for the current fiscal year.

Analyst Ratings Changes

VIAV has been the topic of a number of research reports. UBS Group upped their target price on Viavi Solutions from $25.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Viavi Solutions in a research report on Wednesday, April 29th. Stifel Nicolaus upped their target price on Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Needham & Company LLC upped their target price on Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Finally, Susquehanna upped their target price on Viavi Solutions from $25.00 to $65.00 and gave the stock a “positive” rating in a research report on Thursday, April 30th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Viavi Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $39.25.

Institutional Investors Weigh In On Viavi Solutions

Institutional investors and hedge funds have recently bought and sold shares of the stock. WPG Advisers LLC raised its position in Viavi Solutions by 96.2% in the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock valued at $26,000 after buying an additional 380 shares during the last quarter. State of Wyoming purchased a new stake in Viavi Solutions in the 4th quarter valued at $34,000. Johnson Financial Group Inc. purchased a new stake in Viavi Solutions in the 3rd quarter valued at $44,000. Covestor Ltd raised 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 last quarter. Finally, Nisa Investment Advisors LLC raised its position 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 valued at $47,000 after buying an additional 898 shares during the last quarter. 95.54% of the stock is owned by hedge funds and other institutional investors.

Viavi Solutions News Roundup

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

• Positive Sentiment: Wall Street sentiment has improved after earnings, with multiple analysts raising price targets and Northland lifting its FY2026 EPS estimate, reinforcing a stronger outlook for Viavi Solutions. Analyst upside article
• Positive Sentiment: Investor interest is also being supported by a new product story: Viavi’s 400G CF1000 platform is drawing attention for AI data center testing and security, which could help the company benefit from AI infrastructure spending. AI data center product article
• Positive Sentiment: Recent earnings were also solid, with Viavi beating EPS and revenue estimates and issuing guidance that suggests ongoing operating momentum. Earnings summary
• Neutral Sentiment: The stock has also attracted attention from institutional investors, but the ownership changes cited are not a clear immediate catalyst for today’s move. Institutional activity
• Negative Sentiment: Offsetting the bullish themes, CEO Oleg Khaykin disclosed several large stock sales in early May, including a recent sale of 136,547 shares, which may be pressuring shares as investors question insider confidence at elevated prices. CEO SEC filing
• Negative Sentiment: Other executives also sold stock, adding to the appearance of clustered insider selling and potentially capping enthusiasm despite the stronger operational narrative. Insider selling roundup

Viavi Solutions Company 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.