Key Points
- EVP Ilan Daskal sold 170,000 shares at an average price of $17.49 for proceeds of $2,973,300, leaving him with 10,132 shares — a 94.38% decrease in his ownership stake.
- Viavi recently beat quarterly expectations (EPS $0.15 vs. $0.13) with revenue up 25.6% year-over-year and set Q2 2026 guidance of $0.180–$0.200 EPS.
- Institutional investors own about 95.54% of the stock, and analysts are predominantly positive (seven Buys, two Holds, one Sell) with an average price target of $16.89.
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) EVP Ilan Daskal sold 170,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $17.49, for a total transaction of $2,973,300.00. Following the completion of the sale, the executive vice president directly owned 10,132 shares in the company, valued at $177,208.68. This represents a 94.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Viavi Solutions Stock Performance
Shares of VIAV stock opened at $17.51 on Thursday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.74 and a current ratio of 1.99. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of 250.14 and a beta of 0.96. Viavi Solutions Inc. has a one year low of $8.10 and a one year high of $18.46. The company has a 50 day moving average price of $15.13 and a 200 day moving average price of $12.05.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The communications equipment provider reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. The business had revenue of $299.10 million during the quarter, compared to the consensus estimate of $294.35 million. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.The business's revenue for the quarter was up 25.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.06 EPS. 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.
Hedge Funds Weigh In On Viavi Solutions
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of Viavi Solutions by 1.8% during the first quarter. Vanguard Group Inc. now owns 30,440,070 shares of the communications equipment provider's stock valued at $340,624,000 after purchasing an additional 540,045 shares during the last quarter. Capital World Investors lifted its holdings in shares of Viavi Solutions by 3.5% in the 3rd quarter. Capital World Investors now owns 14,955,454 shares of the communications equipment provider's stock worth $189,785,000 after purchasing an additional 500,000 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in Viavi Solutions by 0.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,560,567 shares of the communications equipment provider's stock valued at $118,173,000 after purchasing an additional 36,172 shares during the period. Schroder Investment Management Group grew its stake in Viavi Solutions by 16.6% during the 2nd quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider's stock worth $82,709,000 after buying an additional 1,166,547 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Viavi Solutions by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider's stock worth $86,875,000 after buying an additional 231,570 shares during the period. 95.54% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on VIAV shares. Needham & Company LLC lifted their price objective on Viavi Solutions from $16.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, October 30th. Stifel Nicolaus reaffirmed a "buy" rating and set a $15.00 price target (up from $13.00) on shares of Viavi Solutions in a research report on Monday, October 13th. B. Riley upgraded shares of Viavi Solutions from a "neutral" rating to a "buy" rating and set a $18.00 price objective for the company in a research note on Thursday, October 30th. Weiss Ratings reissued a "sell (d)" rating on shares of Viavi Solutions in a research note on Monday. Finally, Susquehanna raised shares of Viavi Solutions from a "neutral" rating to a "positive" rating and set a $15.00 price objective for the company in a research report on Friday, August 8th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Viavi Solutions presently has an average rating of "Moderate Buy" and an average target price of $16.89.
Check Out Our Latest Analysis on Viavi Solutions
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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