Key Points
- CEO Oleg Khaykin sold 73,250 shares on Feb. 9 at an average price of $26.25 (~$1.92M), part of several recent insider sales that reduced his stake by 4.29%; he still owns 1,635,621 shares (≈$42.94M).
- Viavi beat expectations with Q EPS of $0.22 vs. $0.19 and revenue up 36.4% YoY to $369.3M, but the company still shows a negative net margin and a negative P/E.
- Analysts hold a consensus "Moderate Buy" rating with a $22.13 average target, shares are trading near their 52‑week high, and institutional investors own about 95.5% of the stock.
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) CEO Oleg Khaykin sold 73,250 shares of the business's stock in a transaction on Monday, February 9th. The stock was sold at an average price of $26.25, for a total value of $1,922,812.50. Following the sale, the chief executive officer owned 1,635,621 shares of the company's stock, valued at approximately $42,935,051.25. The trade was a 4.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Oleg Khaykin also recently made the following trade(s):
- On Friday, February 6th, Oleg Khaykin sold 70,566 shares of Viavi Solutions stock. The shares were sold at an average price of $26.27, for a total value of $1,853,768.82.
- On Thursday, February 5th, Oleg Khaykin sold 70,000 shares of Viavi Solutions stock. The stock was sold at an average price of $24.50, for a total value of $1,715,000.00.
- On Wednesday, February 4th, Oleg Khaykin sold 74,315 shares of Viavi Solutions stock. The shares were sold at an average price of $26.48, for a total transaction of $1,967,861.20.
- On Tuesday, December 2nd, Oleg Khaykin sold 68,810 shares of Viavi Solutions stock. The stock was sold at an average price of $17.77, for a total transaction of $1,222,753.70.
- 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 Trading Up 4.8%
Shares of NASDAQ VIAV opened at $27.64 on Tuesday. Viavi Solutions Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $27.69. The firm has a market capitalization of $6.40 billion, a P/E ratio of -153.57 and a beta of 0.95. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. The company's 50 day simple moving average is $19.52 and its 200 day simple moving average is $15.41.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last released its earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.03. The firm had revenue of $369.30 million during the quarter, compared to analyst estimates of $365.25 million. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. The business's quarterly revenue was up 36.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, analysts predict that Viavi Solutions Inc. will post 0.26 EPS for the current year.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on VIAV shares. UBS Group raised their target price on Viavi Solutions from $12.00 to $17.00 and gave the stock a "neutral" rating in a report on Thursday, October 30th. Argus lifted their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a "buy" rating in a research note on Wednesday, November 5th. Needham & Company LLC boosted their price objective on shares of Viavi Solutions from $24.00 to $28.00 and gave the company a "buy" rating in a report on Thursday, January 29th. Wall Street Zen lowered shares of Viavi Solutions from a "strong-buy" rating to a "buy" rating in a report on Sunday, January 18th. Finally, Weiss Ratings reissued a "sell (d)" rating on shares of Viavi Solutions in a research report on Monday, December 29th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Viavi Solutions presently has a consensus rating of "Moderate Buy" and a consensus target price of $22.13.
Read Our Latest Analysis on Viavi Solutions
Institutional Trading of Viavi Solutions
A number of large investors have recently bought and sold shares of the business. Capital World Investors raised its holdings in Viavi Solutions by 3.5% during the 3rd quarter. Capital World Investors now owns 14,955,454 shares of the communications equipment provider's stock worth $189,785,000 after buying an additional 500,000 shares during the period. Schroder Investment Management Group increased its position 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 worth $82,709,000 after acquiring an additional 1,166,547 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Viavi Solutions by 3.5% during 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 acquiring an additional 231,570 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Viavi Solutions by 431.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider's stock valued at $84,258,000 after acquiring an additional 5,389,435 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Viavi Solutions by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 5,351,211 shares of the communications equipment provider's stock worth $95,373,000 after purchasing an additional 20,776 shares during the period. 95.54% of the stock is owned by institutional investors.
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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