Viavi Solutions (NASDAQ:VIAV) CEO Sells $6,343,016.19 in Stock

May 9, 2026 by InsiderTrades.com

Key Points

CEO Oleg Khaykin sold 123,333 shares of Viavi Solutions for about $6.34 million on May 7 at an average price of $51.43, reducing his direct ownership by 8.51%.
Additional insider selling has been heavy, with Khaykin also disclosing several other large sales in early May, adding to concerns that clustered insider selling could weigh on investor sentiment.
Despite the insider sales, Viavi posted strong quarterly results, beating EPS and revenue estimates with revenue up 42.8% year over year, and analysts remain generally constructive with a consensus Moderate Buy rating.

Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) CEO Oleg Khaykin sold 123,333 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $51.43, for a total value of $6,343,016.19. Following the completion of the sale, the chief executive officer directly owned 1,325,345 shares of the company's stock, valued at $68,162,493.35. The trade was a 8.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Viasat Drops 29%: Falling Knife or Moonshot Bargain?

Oleg Khaykin also recently made the following trade(s):

On Friday, May 8th, Oleg Khaykin sold 136,547 shares of Viavi Solutions stock. The shares were sold at an average price of $51.82, for a total value of $7,075,865.54.
On Wednesday, May 6th, Oleg Khaykin sold 34,024 shares of Viavi Solutions stock. The shares were sold at an average price of $54.07, for a total value of $1,839,677.68.
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 shares were sold at an average price of $27.51, for a total value of $550,200.00.
On Tuesday, February 10th, Oleg Khaykin sold 42,767 shares of Viavi Solutions stock. The shares were sold at an average price of $27.50, for a total value 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 value of $1,922,812.50.

Viavi Solutions Stock Up 0.3%

Shares of NASDAQ:VIAV opened at $51.21 on Friday. The company has a market capitalization of $11.98 billion, a PE ratio of -213.37 and a beta of 1.22. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39. The business has a fifty day moving average price of $37.76 and a two-hundred day moving average price of $25.82. Viavi Solutions Inc. has a 1 year low of $8.87 and a 1 year high of $60.43.

3 Stocks Under $20 Worth the Price

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 positive return on equity of 16.80% and a negative net margin of 4.03%.The business's revenue for the quarter was up 42.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 EPS. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Analysts forecast that Viavi Solutions Inc. will post 0.71 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Hollencrest Capital Management boosted its stake in Viavi Solutions by 15,584.5% in the 1st quarter. Hollencrest Capital Management now owns 9,097 shares of the communications equipment provider's stock worth $303,000 after purchasing an additional 9,039 shares during the period. Swiss National Bank boosted its stake in Viavi Solutions by 0.6% in the 1st quarter. Swiss National Bank now owns 441,600 shares of the communications equipment provider's stock worth $14,696,000 after purchasing an additional 2,600 shares during the period. Jennison Associates LLC bought a new position in Viavi Solutions in the 1st quarter worth about $22,779,000. Allspring Global Investments Holdings LLC bought a new position in Viavi Solutions in the 1st quarter worth about $75,294,000. Finally, Maryland State Retirement & Pension System boosted its stake in Viavi Solutions by 3.6% in the 1st quarter. Maryland State Retirement & Pension System now owns 33,756 shares of the communications equipment provider's stock worth $1,123,000 after purchasing an additional 1,184 shares during the period. Institutional investors own 95.54% of the company's stock.

Viavi Solutions News Summary

Here are the key news stories impacting Viavi Solutions this week:

Positive Sentiment: Wall Street sentiment has improved after earnings, with multiple analysts raising price targets and Northland lifting its FY2026 EPS estimate, reinforcing a stronger outlook for Viavi Solutions. Analyst upside article
Positive Sentiment: Investor interest is also being supported by a new product story: Viavi’s 400G CF1000 platform is drawing attention for AI data center testing and security, which could help the company benefit from AI infrastructure spending. AI data center product article
Positive Sentiment: Recent earnings were also solid, with Viavi beating EPS and revenue estimates and issuing guidance that suggests ongoing operating momentum. Earnings summary
Neutral Sentiment: The stock has also attracted attention from institutional investors, but the ownership changes cited are not a clear immediate catalyst for today’s move. Institutional activity
Negative Sentiment: Offsetting the bullish themes, CEO Oleg Khaykin disclosed several large stock sales in early May, including a recent sale of 136,547 shares, which may be pressuring shares as investors question insider confidence at elevated prices. CEO SEC filing
Negative Sentiment: Other executives also sold stock, adding to the appearance of clustered insider selling and potentially capping enthusiasm despite the stronger operational narrative. Insider selling roundup

Wall Street Analysts Forecast Growth

VIAV has been the subject of a number of recent analyst reports. UBS Group upped their price objective on Viavi Solutions from $25.00 to $60.00 and gave the company a "neutral" rating in a research note on Thursday, April 30th. B. Riley Financial increased their price target on Viavi Solutions from $26.00 to $53.00 and gave the stock a "buy" rating in a research note on Friday, April 24th. Stifel Nicolaus increased their price target on Viavi Solutions from $20.00 to $24.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Rosenblatt Securities increased their price target on Viavi Solutions from $27.00 to $42.00 and gave the stock a "buy" rating in a research note on Wednesday, March 18th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Viavi Solutions in a research note on Wednesday, April 29th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $39.25.

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About Viavi Solutions

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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.