Key Points
- CEO Oleg Khaykin sold $1,839,677.68 worth of Viavi stock on May 6 (34,024 shares at $54.07), trimming his stake by 2.29% to 1,448,678 shares.
- Clustered insider selling in early May (including additional large CEO blocks and sales by other senior officers) has drawn market attention and may have pressured the stock.
- Operational outlook is mixed but improving: Viavi beat Q1 estimates (EPS $0.27 vs $0.24) with revenue up 42.8% year‑over‑year, prompting several analyst price-target upgrades even as sentiment remains varied (consensus is a "Moderate Buy" with a $39.25 target).
Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) CEO Oleg Khaykin sold 34,024 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $54.07, for a total value of $1,839,677.68. Following the sale, the chief executive officer directly owned 1,448,678 shares in the company, valued at $78,330,019.46. This trade represents a 2.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Oleg Khaykin also recently made the following trade(s):
- On Tuesday, May 5th, Oleg Khaykin sold 20,238 shares of Viavi Solutions stock. The shares were sold at an average price of $54.77, for a total value of $1,108,435.26.
- On Tuesday, May 5th, Oleg Khaykin sold 104,552 shares of Viavi Solutions stock. The shares were sold at an average price of $54.61, for a total value of $5,709,584.72.
- On Tuesday, February 10th, Oleg Khaykin sold 20,000 shares of Viavi Solutions stock. The stock was sold at an average price of $27.51, for a total transaction of $550,200.00.
- On Tuesday, February 10th, Oleg Khaykin sold 42,767 shares of Viavi Solutions stock. The stock was sold at an average price of $27.50, for a total transaction of $1,176,092.50.
- On Monday, February 9th, Oleg Khaykin sold 73,250 shares of Viavi Solutions stock. The shares were sold at an average price of $26.25, for a total transaction of $1,922,812.50.
- 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 transaction of $1,853,768.82.
Viavi Solutions Stock Performance
Viavi Solutions stock opened at $51.05 on Friday. Viavi Solutions Inc. has a 1-year low of $8.87 and a 1-year high of $60.43. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $11.94 billion, a PE ratio of -212.70 and a beta of 1.22. The firm's 50 day simple moving average is $37.76 and its 200 day simple moving average is $25.82.
Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. The firm 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%. The business's quarterly revenue was up 42.8% compared to the same quarter last year. During the same period last year, the firm earned $0.15 EPS. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. As a group, analysts expect that Viavi Solutions Inc. will post 0.71 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
VIAV has been the subject of a number of research analyst reports. Susquehanna lifted their price objective 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. Weiss Ratings reissued a "sell (d-)" rating on shares of Viavi Solutions in a research note on Wednesday, April 29th. UBS Group raised their target price on Viavi Solutions from $25.00 to $60.00 and gave the stock a "neutral" rating in a research note on Thursday, April 30th. B. Riley Financial boosted their price objective on shares of Viavi Solutions from $26.00 to $53.00 and gave the company a "buy" rating in a research report on Friday, April 24th. Finally, Stifel Nicolaus upped their target price on Viavi Solutions from $20.00 to $24.00 and gave the stock a "buy" rating in a report on Thursday, January 29th. Six 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 company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $39.25.
Read Our Latest Stock Report on Viavi Solutions
Institutional Investors Weigh In On Viavi Solutions
Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in Viavi Solutions by 11.5% in the 1st quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider's stock worth $2,051,000 after buying an additional 18,910 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Viavi Solutions by 110.5% during the 1st quarter. AQR Capital Management LLC now owns 33,663 shares of the communications equipment provider's stock valued at $377,000 after buying an additional 17,673 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Viavi Solutions by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,061 shares of the communications equipment provider's stock valued at $1,467,000 after acquiring an additional 5,775 shares during the period. Millennium Management LLC grew its stake in shares of Viavi Solutions by 205.4% during the 1st quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider's stock valued at $5,335,000 after acquiring an additional 320,662 shares during the period. Finally, United Services Automobile Association purchased a new stake in Viavi Solutions in the 1st quarter worth approximately $165,000. Institutional investors own 95.54% of the company's stock.
Key Viavi Solutions News
Here are the key news stories impacting Viavi Solutions this week:
- Positive Sentiment: Analyst support: Several brokers raised targets and estimates after Q1 (Susquehanna, B. Riley, Needham, plus a raise to FY26 EPS from Northland), lifting professional earnings expectations and underpinning the fundamental outlook. Read More.
- Positive Sentiment: Momentum/sector story: A Zacks feature highlights Viavi as a momentum buy on strength from AI and data‑center demand — likely to attract momentum and thematic flows. Read More.
- Positive Sentiment: Product catalyst: Viavi announced a test platform aimed at adding security for inference and AI data centers, reinforcing relevance to hyperscalers and the AI buildout. This is a tangible product-level growth story for the Optical/Network segments. Read More.
- Neutral Sentiment: Background/earnings recap: Coverage from The Globe & Mail and MSN summarizes Q1 takeaways and analyst Q&A — useful context but not fresh catalysts by itself. Read More.
- Negative Sentiment: Clustered insider selling: Multiple senior insiders sold material blocks in early May — CEO Oleg Khaykin disclosed very large sales (including ~104,552 shares at ~$54.61 plus additional blocks), and other officers/directors (SVP Luke Scrivanich, EVP Paul McNab, director Doug Gilstrap) also sold. The concentrated timing and size likely increased downward pressure on the stock. Read More.
- Negative Sentiment: Market narrative impact: News outlets and market commentaries flagged the insider activity as a focal point, amplifying investor concern that these sales signal management monetization despite favorable demand trends. Read More.
- Negative Sentiment: Profitability caution: Some analysts and commentary (e.g., Seeking Alpha) warn that AI/data‑center excitement may outpace sustainable profitability — a reminder that GAAP/margin dynamics and cyclicality matter for longer‑term valuation. Read More.
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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