Key Points
- Director Eugenia Corrales sold 3,384 shares on December 10 at an average price of $18.76 for a total of about $63,484, a transaction the filing says reduced her stake by roughly 50%.
- Q3 results beat expectations with $0.15 EPS vs. $0.13 expected and revenue of $299.1M, up 25.6% YoY, and the company set Q2 FY2026 guidance of $0.18–$0.20 EPS.
- Analysts hold a consensus "Moderate Buy" (average price target $16.89, 7 Buy / 2 Hold / 1 Sell), and institutional investors own about 95.54% of the company's stock.
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) Director Eugenia Corrales sold 3,384 shares of the business's stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $18.76, for a total value of $63,483.84. Following the transaction, the director owned 3,384 shares of the company's stock, valued at approximately $63,483.84. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Viavi Solutions Stock Performance
NASDAQ VIAV opened at $19.24 on Friday. 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 company has a fifty day moving average of $15.86 and a 200-day moving average of $12.43. Viavi Solutions Inc. has a 52-week low of $8.10 and a 52-week high of $19.75. The company has a market capitalization of $4.29 billion, a P/E ratio of 278.70 and a beta of 0.96.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share 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 company had revenue of $299.10 million for the quarter, compared to analysts' expectations of $294.35 million. During the same period last year, the firm posted $0.06 EPS. Viavi Solutions'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. As a group, equities research analysts predict that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the stock. Stifel Nicolaus reissued a "buy" rating and issued a $15.00 price target (up previously from $13.00) on shares of Viavi Solutions in a report on Monday, October 13th. Morgan Stanley raised Viavi Solutions from an "underweight" rating to an "equal weight" rating and set a $11.00 price target for the company in a research report on Tuesday, September 2nd. Rosenblatt Securities upped their target price on Viavi Solutions from $15.00 to $19.00 and gave the company a "buy" rating in a report on Thursday, October 30th. Weiss Ratings restated a "sell (d)" rating on shares of Viavi Solutions in a report on Monday. Finally, 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. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $16.89.
View Our Latest Analysis on Viavi Solutions
Hedge Funds Weigh In On Viavi Solutions
Several hedge funds and other institutional investors have recently added to or reduced their stakes in VIAV. Penserra Capital Management LLC bought a new position in shares of Viavi Solutions during the 2nd quarter worth about $7,764,000. Graham Capital Management L.P. bought a new stake in shares of Viavi Solutions in the first quarter valued at about $1,447,000. Versor Investments LP acquired a new stake in Viavi Solutions during the first quarter worth about $1,225,000. Schroder Investment Management Group increased its stake in 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 acquiring an additional 1,166,547 shares during the period. Finally, First Eagle Investment Management LLC increased its stake in Viavi Solutions by 3.9% during the second quarter. First Eagle Investment Management LLC now owns 790,300 shares of the communications equipment provider's stock valued at $7,958,000 after acquiring an additional 29,500 shares during the period. Institutional investors and hedge funds own 95.54% of the company's stock.
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.
Further Reading
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