Key Points
- Gary Staley sold 20,742 shares of Viavi at an average price of $25.92 on Feb. 3, trimming his holding by 10.19% to 182,810 shares, and multiple other insiders also reported recent sales that could pressure sentiment.
- Viavi beat Q3 estimates, reporting $0.22 EPS (vs. $0.19 expected) and $369.3M revenue, up 36.4% year-over-year, but the company still shows a negative net margin and a negative P/E.
- Analyst sentiment is broadly positive with several price-target raises and a consensus "Moderate Buy" (average target $22.13), while institutional ownership is very high at about 95.5%.
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) EVP Paul Mcnab sold 4,638 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $25.80, for a total value of $119,660.40. Following the completion of the transaction, the executive vice president directly owned 21,749 shares of the company's stock, valued at approximately $561,124.20. This represents a 17.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Paul Mcnab also recently made the following trade(s):
- On Wednesday, November 26th, Paul Mcnab sold 1,657 shares of Viavi Solutions stock. The stock was sold at an average price of $18.14, for a total transaction of $30,057.98.
Viavi Solutions Stock Performance
VIAV opened at $25.88 on Wednesday. The firm has a market capitalization of $5.99 billion, a PE ratio of -143.77 and a beta of 0.96. Viavi Solutions Inc. has a twelve month low of $8.10 and a twelve month high of $26.47. The firm's 50-day moving average price is $18.88 and its 200 day moving average price is $14.97. The company has a current ratio of 2.61, a quick ratio of 2.32 and a debt-to-equity ratio of 1.46.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last released 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. The company had revenue of $369.30 million during the quarter, compared to the consensus estimate of $365.25 million. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. Viavi Solutions's quarterly revenue was up 36.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. As a group, sell-side analysts expect that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership lifted its position in shares of Viavi Solutions by 431.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider's stock worth $84,258,000 after buying an additional 5,389,435 shares during the last quarter. Aberdeen Group plc purchased a new stake in Viavi Solutions in the third quarter valued at $20,110,000. Schroder Investment Management Group boosted its stake in Viavi Solutions by 16.6% in 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 in the last quarter. Tributary Capital Management LLC grew its holdings in shares of Viavi Solutions by 92.9% during the third 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 during the last quarter. Finally, Millennium Management LLC increased its position in shares of Viavi Solutions by 772.9% during the third 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 currently owned by hedge funds and other institutional investors.
More Viavi Solutions News
Here are the key news stories impacting Viavi Solutions this week:
- Positive Sentiment: Zacks highlights VIAV as a long-term momentum pick, citing its style-score strength that may attract growth/momentum investors and support continued buying interest. Article Title
- Positive Sentiment: Zacks also ran a piece noting VIAV hit a fresh 52-week high, which can attract technical traders and momentum flows as investors reassess upside potential. Article Title
- Positive Sentiment: An analyst note reported by AmericanBankingNews indicates Q3 EPS estimates for Viavi were raised, suggesting improving earnings visibility that supports valuation and investor confidence. Article Title
- Neutral Sentiment: A Yahoo Finance roundup included Viavi among stocks that may be trading below intrinsic value for some investors — a watchlist signal but not an immediate catalyst. Article Title
- Negative Sentiment: Multiple insider sales reported today could weigh on sentiment: SVP Gary Staley sold 22,784 shares (2/2) and 20,742 shares (2/3) at ~\$25.8–\$25.92 (SEC filings linked), EVP Paul McNab sold 4,638 shares at \$25.80, and SVP Kevin Siebert sold 13,577 shares at \$25.72 — these transactions reduced several insiders’ positions by double-digit percentages and may prompt short-term investor caution. Gary Staley 2/2 filing Gary Staley 2/3 filing Paul McNab filing Kevin Siebert filing
Analysts Set New Price Targets
Several research analysts have recently commented on VIAV shares. Needham & Company LLC lifted their price target on Viavi Solutions from $24.00 to $28.00 and gave the stock a "buy" rating in a report on Thursday, January 29th. Rosenblatt Securities set a $27.00 target price on shares of Viavi Solutions in a report on Thursday, January 29th. UBS Group raised their price target on shares of Viavi Solutions from $12.00 to $17.00 and gave the stock a "neutral" rating in a report on Thursday, October 30th. Susquehanna lifted their price target 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. Finally, Argus increased their price objective on Viavi Solutions from $16.00 to $23.00 and gave the stock a "buy" rating in a research report on Wednesday, November 5th. Six 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $22.13.
Read Our Latest Stock Analysis on VIAV
About Viavi Solutions
(
Get Free Report)
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.
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