Richard Belluzzo Sells 15,775 Shares of Viavi Solutions (NASDAQ:VIAV) Stock

Key Points

  • Director Richard Belluzzo sold 15,775 shares of Viavi Solutions at an average price of $26.85 on Feb. 18, generating about $423,558.75; after the sale he still directly owns 211,850 shares (a 6.93% reduction) and the trade was disclosed in an SEC filing.
  • Viavi beat recent expectations with EPS of $0.22 versus $0.19 expected and revenue of $369.3M, up 36.4% year‑over‑year, though the company reported a negative net margin; the stock is trading near its one‑year high (opened at $26.33, 1y high $28.15).
  • Analysts hold a consensus "Moderate Buy" rating with an average target of $22.13 and several firms raising targets to $25–$28, while institutional investors own about 95.54% of the company's shares.

Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) Director Richard Belluzzo sold 15,775 shares of Viavi Solutions stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $26.85, for a total value of $423,558.75. Following the sale, the director directly owned 211,850 shares in the company, valued at $5,688,172.50. The trade was a 6.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Viavi Solutions Price Performance

Shares of VIAV opened at $26.33 on Thursday. Viavi Solutions Inc. has a one year low of $8.10 and a one year high of $28.15. The stock's fifty day moving average is $20.69 and its 200-day moving average is $16.18. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.32 and a current ratio of 2.61. The firm has a market capitalization of $6.09 billion, a price-to-earnings ratio of -146.27 and a beta of 0.96.

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, beating the consensus estimate of $0.19 by $0.03. The firm had revenue of $369.30 million for the quarter, compared to analysts' expectations 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 last year, the company earned $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Equities analysts anticipate that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Analyst Ratings Changes




VIAV has been the subject of a number of research reports. Susquehanna increased their price target on Viavi Solutions from $18.00 to $25.00 and gave the company a "positive" rating in a research note on Thursday, January 29th. Needham & Company LLC raised their target price on Viavi Solutions from $24.00 to $28.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Wall Street Zen lowered Viavi Solutions from a "strong-buy" rating to a "buy" rating in a report on Sunday, January 18th. UBS Group upped 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. Finally, B. Riley Financial raised their price objective on shares of Viavi Solutions from $18.00 to $22.00 and gave the company a "buy" rating in a research report on Monday, January 26th. Six investment 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. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $22.13.

Check Out Our Latest Stock Report on Viavi Solutions

Institutional Trading of Viavi Solutions

Several institutional investors and hedge funds have recently bought and sold shares of the stock. State of Wyoming purchased a new position in Viavi Solutions during the 4th quarter worth approximately $34,000. GAMMA Investing LLC increased its stake in shares of Viavi Solutions by 33.6% in the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider's stock worth $42,000 after acquiring an additional 825 shares during the last quarter. Johnson Financial Group Inc. acquired a new stake in shares of Viavi Solutions during the 3rd quarter valued at about $44,000. Covestor Ltd lifted its stake in Viavi Solutions by 22.9% in the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider's stock valued at $46,000 after acquiring an additional 676 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of Viavi Solutions by 32.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider's stock worth $47,000 after purchasing an additional 898 shares during the last quarter. Institutional investors and hedge funds own 95.54% of the company's stock.

Viavi Solutions Company Profile

(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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