Viavi Solutions (NASDAQ:VIAV) SVP Kevin Christopher Siebert Sells 13,577 Shares

Viavi Solutions Inc. (NASDAQ:VIAV) SVP Kevin Christopher Siebert sold 13,577 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $25.72, for a total transaction of $349,200.44. Following the transaction, the senior vice president owned 35,648 shares in the company, valued at approximately $916,866.56. This trade represents a 27.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Monday, December 8th, Kevin Christopher Siebert sold 24,225 shares of Viavi Solutions stock. The shares were sold at an average price of $18.26, for a total transaction of $442,348.50.

Viavi Solutions Stock Up 4.6%

Shares of NASDAQ:VIAV opened at $25.58 on Tuesday. Viavi Solutions Inc. has a 1-year low of $8.10 and a 1-year high of $26.08. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. The stock has a market cap of $5.92 billion, a P/E ratio of -142.11 and a beta of 0.95. The firm has a fifty day moving average price of $18.71 and a 200 day moving average price of $14.86.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. The company had revenue of $369.30 million for the quarter, compared to analyst estimates of $365.25 million. During the same period in the previous year, the business posted $0.13 earnings per share. Viavi Solutions’s quarterly revenue was up 36.4% on a year-over-year basis. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Sell-side analysts predict that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have weighed in on VIAV shares. 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 note on Thursday, October 30th. Argus increased their price target on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Susquehanna lifted their price objective on shares of Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a research report on Thursday, January 29th. Needham & Company LLC boosted their price objective on shares of Viavi Solutions from $24.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, B. Riley raised their target price on shares of Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Six investment 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.13.

Institutional Investors Weigh In On Viavi Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted 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 shares of Viavi Solutions during the 3rd quarter worth approximately $44,000. Covestor Ltd increased its stake in shares of 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 in the last quarter. Nisa Investment Advisors LLC raised its position 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 worth $47,000 after purchasing an additional 898 shares during the last quarter. Finally, Strs Ohio purchased a new stake in Viavi Solutions in the 4th quarter valued at approximately $159,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

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.