Key Points
- SVP Kevin Christopher Siebert sold 24,225 shares of Viavi on Dec. 8 at $18.26 for about $442,348, trimming his position by 32.98% to 49,225 shares (valued near $898,849); he also sold shares on Nov. 3 and Sept. 25.
- Viavi’s stock opened at $18.59 (up ~1.5%) after Q3 results that beat estimates—EPS $0.15 vs. $0.13 and revenue up 25.6% YoY to $299.1M—management guided Q2 FY26 EPS of $0.18–$0.20 and analysts hold a "Moderate Buy" consensus with an average target of $16.89.
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) SVP Kevin Christopher Siebert sold 24,225 shares of the stock in a transaction 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
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 transaction of $192,748.92.
- On Thursday, September 25th, Kevin Christopher Siebert sold 9,927 shares of Viavi Solutions stock. The shares were sold at an average price of $12.17, for a total value of $120,811.59.
Viavi Solutions Trading Up 1.5%
NASDAQ:VIAV opened at $18.59 on Tuesday. The business's 50-day moving average is $15.47 and its two-hundred day moving average is $12.26. The firm has a market capitalization of $4.15 billion, a PE ratio of 265.57 and a beta of 0.96. Viavi Solutions Inc. has a 12 month low of $8.10 and a 12 month high of $18.90. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.99 and a quick ratio of 1.74.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last posted its earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share (EPS) for the quarter, beating 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 business had revenue of $299.10 million during the quarter, compared to analyst estimates of $294.35 million. During the same quarter last year, the firm earned $0.06 earnings per share. The company's revenue for the quarter 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. Research analysts predict that Viavi Solutions Inc. will post 0.26 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its position in shares of 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 purchasing an additional 825 shares during the last quarter. Family Legacy Financial Solutions LLC acquired a new position in Viavi Solutions in the second quarter worth about $43,000. Johnson Financial Group Inc. bought a new stake in Viavi Solutions in the third quarter valued at about $44,000. Covestor Ltd raised its stake in Viavi Solutions by 22.9% during the third 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 in the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in Viavi Solutions by 32.0% during the third 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 in the last quarter. 95.54% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
VIAV has been the subject of several recent research reports. B. Riley raised 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 report on Thursday, October 30th. UBS Group raised their price target on shares of Viavi Solutions from $12.00 to $17.00 and gave the company a "neutral" rating in a report on Thursday, October 30th. Stifel Nicolaus reaffirmed a "buy" rating and set a $15.00 price target (up previously from $13.00) on shares of Viavi Solutions in a research note on Monday, October 13th. Morgan Stanley raised shares of Viavi Solutions from an "underweight" rating to an "equal weight" rating and set a $11.00 price objective for the company in a research report on Tuesday, September 2nd. Finally, Argus lifted 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. Seven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $16.89.
Get 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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