Key Points
- Director Doug Gilstrap sold 10,000 shares on May 5 at $55.00 for $550,000, leaving him with 55,766 shares — a 15.21% reduction in his position.
- Clustered insider selling is underway: CEO Oleg Khaykin and several other senior executives disclosed large sales in early May (including ~104,552 shares by the CEO), a visible supply signal that likely pressured the stock.
- Operational and market backdrop: Viavi beat Q1 estimates (EPS $0.27 vs $0.24; revenue $406.8M, +42.8% YoY), set Q4 2026 guidance of $0.290–0.310, and has attracted analyst upgrades and bullish momentum tied to AI/data-center demand, albeit with some critique over sustainable profitability and valuation.
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) EVP Paul Mcnab sold 2,727 shares of Viavi Solutions stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $54.96, for a total transaction of $149,875.92. Following the completion of the transaction, the executive vice president directly owned 15,471 shares of the company's stock, valued at approximately $850,286.16. This trade represents a 14.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Paul Mcnab also recently made the following trade(s):
- On Monday, March 2nd, Paul Mcnab sold 3,551 shares of Viavi Solutions stock. The stock was sold at an average price of $32.89, for a total transaction of $116,792.39.
Viavi Solutions Stock Performance
Shares of VIAV stock opened at $53.00 on Thursday. The company has a market capitalization of $12.40 billion, a price-to-earnings ratio of -220.82 and a beta of 1.22. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61. The company has a 50-day simple moving average of $37.32 and a 200 day simple moving average of $25.55. Viavi Solutions Inc. has a 52 week low of $8.87 and a 52 week high of $60.43.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. The business had revenue of $406.80 million during the quarter, compared to the consensus estimate of $393.80 million. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. Viavi Solutions's revenue was up 42.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.15 EPS. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. On average, sell-side analysts predict that Viavi Solutions Inc. will post 0.71 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several brokerages recently commented on VIAV. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Viavi Solutions in a report on Wednesday, April 29th. Susquehanna lifted their target price on shares of Viavi Solutions from $25.00 to $65.00 and gave the stock a "positive" rating in a report on Thursday, April 30th. B. Riley Financial lifted their target price on shares of Viavi Solutions from $26.00 to $53.00 and gave the stock a "buy" rating in a report on Friday, April 24th. Stifel Nicolaus lifted their target price on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a "buy" rating in a report on Thursday, January 29th. Finally, Needham & Company LLC lifted their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $39.25.
Read Our Latest Stock Report on Viavi Solutions
Viavi Solutions News Summary
Here are the key news stories impacting Viavi Solutions this week:
- Positive Sentiment: Northland Securities raised its FY2026 EPS estimate for VIAV to $0.75 from $0.65, lifting professional earnings expectations above consensus and supporting the company's fundamental outlook. Analyst Raise
- Positive Sentiment: A bullish Zacks feature highlights Viavi as a momentum buy, arguing the company benefits from AI/data-center demand — positive for investor interest and momentum-driven flows. Zacks Momentum Article
- Positive Sentiment: Product/news: Viavi announced a test platform aimed at adding security for inference and AI data centers — a node-level product story that supports continued relevance to hyperscalers and AI-capex trends. Product Announcement
- Neutral Sentiment: Coverage/analysis: The Globe & Mail and MSN/earnings-call writeups recap analyst takeaways and notable Q1 questions — useful for context but not fresh catalysts on their own. Globe & Mail
- Negative Sentiment: Clustered insider selling: CEO Oleg Khaykin disclosed multiple large sales (including ~104,552 shares at ~$54.61 and additional blocks), and other senior execs/directors (Doug Gilstrap, Luke Scrivanich, Paul McNab) sold material positions in early May — a visible supply signal that likely pressured the stock. SEC filings show the transactions. CEO SEC Filing
- Negative Sentiment: Market commentary flagged insider action as a focal point for investors, amplifying concerns that the timing and size of sales could signal confidence/valuation questions despite strong top-line AI demand. Nasdaq Pulse
- Negative Sentiment: Critical analysis (Seeking Alpha) cautions that AI/data-center hype may be outpacing sustainable profitability, noting mixed GAAP results and cyclicality in key segments — a cautionary read for longer-term valuation. Seeking Alpha Critique
Institutional Trading of Viavi Solutions
A number of institutional investors have recently bought and sold shares of VIAV. WPG Advisers LLC boosted its holdings in Viavi Solutions by 96.2% in the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider's stock valued at $26,000 after purchasing an additional 380 shares during the period. State of Wyoming acquired a new position in shares of Viavi Solutions in the 4th quarter valued at approximately $34,000. Johnson Financial Group Inc. acquired a new position in shares of Viavi Solutions in the 3rd quarter valued at approximately $44,000. Covestor Ltd raised its position in shares of Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider's stock valued at $46,000 after buying an additional 676 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in shares of Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider's stock valued at $47,000 after buying an additional 898 shares in the last quarter. Institutional investors own 95.54% of the company's stock.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
