Key Points
- SVP Kevin Christopher Siebert sold 8,255 shares of Viavi on May 4 at an average price of $54.02 for $445,935, cutting his stake by 29.08% to 20,129 shares; he also sold 7,264 shares in March.
- Viavi reported stronger-than-expected quarterly results on April 29 with EPS of $0.27 versus $0.24 consensus and revenue of $406.8M (up 42.8% year-over-year), and provided Q4 2026 EPS guidance of $0.290–$0.310.
- The stock carries a consensus rating of "Moderate Buy" (average target $39.25) from analysts, and is heavily institutionally held (about 95.5% owned by hedge funds and other institutions).
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) SVP Kevin Christopher Siebert sold 8,255 shares of Viavi Solutions stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $54.02, for a total transaction of $445,935.10. Following the completion of the transaction, the senior vice president owned 20,129 shares of the company's stock, valued at $1,087,368.58. The trade was a 29.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Kevin Christopher Siebert also recently made the following trade(s):
- On Monday, March 2nd, Kevin Christopher Siebert sold 7,264 shares of Viavi Solutions stock. The stock was sold at an average price of $34.78, for a total transaction of $252,641.92.
Viavi Solutions Price Performance
VIAV opened at $52.49 on Tuesday. The company has a market capitalization of $12.15 billion, a price-to-earnings ratio of -218.70 and a beta of 1.22. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99. The firm has a 50-day moving average price of $36.28 and a 200-day moving average price of $24.98. Viavi Solutions Inc. has a twelve month low of $8.75 and a twelve month high of $60.43.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last posted its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The firm had revenue of $406.80 million during the quarter, compared to the consensus estimate of $393.80 million. During the same quarter last year, the company earned $0.15 earnings per share. The company's revenue was up 42.8% on a year-over-year basis. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Equities analysts expect that Viavi Solutions Inc. will post 0.64 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Phocas Financial Corp. purchased a new position in Viavi Solutions in the fourth quarter worth $3,772,000. Knights of Columbus Asset Advisors LLC grew its position in Viavi Solutions by 39.7% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 224,014 shares of the communications equipment provider's stock valued at $2,843,000 after acquiring an additional 63,605 shares during the last quarter. Fisher Asset Management LLC grew its position in Viavi Solutions by 14.2% during the third quarter. Fisher Asset Management LLC now owns 469,354 shares of the communications equipment provider's stock valued at $5,956,000 after acquiring an additional 58,364 shares during the last quarter. JPMorgan Chase & Co. grew its position in Viavi Solutions by 22.2% during the third quarter. JPMorgan Chase & Co. now owns 400,886 shares of the communications equipment provider's stock valued at $5,087,000 after acquiring an additional 72,930 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Viavi Solutions by 59.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,558,253 shares of the communications equipment provider's stock valued at $27,768,000 after acquiring an additional 583,347 shares during the last quarter. 95.54% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts recently issued reports on the company. Weiss Ratings reiterated a "sell (d-)" rating on shares of Viavi Solutions in a research note on Wednesday, April 29th. Rosenblatt Securities increased their target price on shares of Viavi Solutions from $27.00 to $42.00 and gave the stock a "buy" rating in a research note on Wednesday, March 18th. UBS Group increased their target price on shares of Viavi Solutions from $25.00 to $60.00 and gave the stock a "neutral" rating in a research note on Thursday, April 30th. Needham & Company LLC increased their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a "buy" rating in a research note on Monday, March 2nd. Finally, Wall Street Zen upgraded Viavi Solutions from a "hold" rating to a "buy" rating in a research report on Saturday. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $39.25.
Get Our Latest Research Report on Viavi Solutions
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.
Further Reading
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