Key Points
- CEO Oleg Khaykin sold 68,810 shares on Dec. 2 at an average $17.77 (≈$1.22M) and had sold 85,836 shares on Dec. 1 at $17.63 (≈$1.51M), trimming his stake by 3.40% to 1,956,195 shares (≈$34.76M).
- Viavi beat quarterly expectations with $0.15 EPS vs. $0.13 consensus and $299.1M revenue (up 25.6% YoY), and set Q2 2026 guidance of $0.180–0.200 EPS.
- Analyst sentiment is a consensus "Moderate Buy" with an average target of $16.89, while large institutions have been adding shares (e.g., Arrowstreet, Schroder, Millennium), and ~95.5% of the float is held by institutional investors.
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) CEO Oleg Khaykin sold 68,810 shares of the company's stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $17.77, for a total transaction of $1,222,753.70. Following the transaction, the chief executive officer directly owned 1,956,195 shares of the company's stock, valued at approximately $34,761,585.15. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Oleg Khaykin also recently made the following trade(s):
- On Monday, December 1st, Oleg Khaykin sold 85,836 shares of Viavi Solutions stock. The stock was sold at an average price of $17.63, for a total transaction of $1,513,288.68.
Viavi Solutions Stock Down 0.3%
Shares of NASDAQ:VIAV opened at $17.56 on Wednesday. The stock's 50-day moving average is $15.02 and its 200 day moving average is $12.01. The company has a market cap of $3.92 billion, a PE ratio of 250.86 and a beta of 0.96. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.50 and a quick ratio of 1.30. Viavi Solutions Inc. has a 1 year low of $8.10 and a 1 year high of $18.46.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. Viavi Solutions had a return on equity of 10.68% 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 business's quarterly revenue was up 25.6% compared to the same quarter last year. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Sell-side analysts anticipate that Viavi Solutions Inc. will post 0.26 EPS for the current year.
Analyst Upgrades and Downgrades
VIAV has been the topic of a number of research analyst reports. Susquehanna raised shares of Viavi Solutions from a "neutral" rating to a "positive" rating and set a $15.00 price objective on the stock in a research report on Friday, August 8th. Argus lifted their target price on shares of Viavi Solutions from $16.00 to $23.00 and gave the company a "buy" rating in a research note on Wednesday, November 5th. UBS Group boosted their price target on shares of Viavi Solutions from $12.00 to $17.00 and gave the company a "neutral" rating in a research report on Thursday, October 30th. B. Riley raised shares of Viavi Solutions from a "neutral" rating to a "buy" rating and set a $18.00 price target for the company in a research note on Thursday, October 30th. Finally, Rosenblatt Securities lifted their price objective on Viavi Solutions from $15.00 to $19.00 and gave the company a "buy" rating in a research report on Thursday, October 30th. Seven 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $16.89.
Get Our Latest Stock Report on VIAV
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership boosted its stake in Viavi Solutions by 431.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider's stock worth $84,258,000 after acquiring an additional 5,389,435 shares in the last quarter. Aberdeen Group plc purchased a new position in shares of Viavi Solutions during the third quarter valued at approximately $20,110,000. Schroder Investment Management Group lifted its holdings in shares of Viavi Solutions by 16.6% during the second quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider's stock valued at $82,709,000 after purchasing an additional 1,166,547 shares during the last quarter. Tributary Capital Management LLC boosted its position in shares of Viavi Solutions by 92.9% in the 3rd quarter. Tributary Capital Management LLC now owns 2,207,642 shares of the communications equipment provider's stock worth $28,015,000 after purchasing an additional 1,063,330 shares in the last quarter. Finally, Millennium Management LLC boosted its position in shares of Viavi Solutions by 772.9% in the 3rd quarter. Millennium Management LLC now owns 1,163,336 shares of the communications equipment provider's stock worth $14,763,000 after purchasing an additional 1,030,071 shares in the last quarter. 95.54% of the stock is owned by hedge funds and other institutional investors.
Viavi Solutions Company Profile
(
Get Free Report)
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.
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