Insider Selling: Viavi Solutions (NASDAQ:VIAV) Director Sells $105,927.81 in Stock

Viavi Solutions Inc. (NASDAQ:VIAV) Director Richard Belluzzo sold 8,387 shares of Viavi Solutions stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $12.63, for a total transaction of $105,927.81. Following the completion of the sale, the director owned 217,154 shares of the company’s stock, valued at $2,742,655.02. This trade represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Richard Belluzzo also recently made the following trade(s):

• On Tuesday, September 2nd, Richard Belluzzo sold 8,385 shares of Viavi Solutions stock. The shares were sold at an average price of $11.34, for a total transaction of $95,085.90.

Viavi Solutions Price Performance

Shares of Viavi Solutions stock opened at $12.72 on Friday. The firm has a fifty day simple moving average of $11.38 and a 200-day simple moving average of $10.45. The company has a current ratio of 1.50, a quick ratio of 1.30 and a debt-to-equity ratio of 0.51. Viavi Solutions Inc. has a 1-year low of $8.10 and a 1-year high of $12.97. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 79.50 and a beta of 0.90.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. Viavi Solutions had a net margin of 3.21% and a return on equity of 8.02%. The business had revenue of $290.50 million during the quarter, compared to analysts’ expectations of $285.19 million. During the same period in the previous year, the company earned $0.08 earnings per share. Viavi Solutions’s revenue for the quarter was up 15.3% on a year-over-year basis. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. On average, sell-side analysts expect that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Institutional Investors Weigh In On Viavi Solutions

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC increased its holdings in Viavi Solutions by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after buying an additional 825 shares during the period. Family Legacy Financial Solutions LLC acquired a new stake in shares of Viavi Solutions in the 2nd quarter valued at $43,000. USA Financial Formulas acquired a new stake in shares of Viavi Solutions in the 1st quarter valued at $53,000. AlphaQuest LLC acquired a new stake in shares of Viavi Solutions in the 1st quarter valued at $55,000. Finally, First Horizon Advisors Inc. boosted its stake in shares of Viavi Solutions by 29.1% in the 1st quarter. First Horizon Advisors Inc. now owns 5,046 shares of the communications equipment provider’s stock valued at $56,000 after purchasing an additional 1,138 shares in the last quarter. Institutional investors own 95.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Morgan Stanley upgraded Viavi Solutions from an “underweight” rating to an “equal weight” rating and set a $11.00 price objective on the stock in a research note on Tuesday, September 2nd. Susquehanna raised shares of Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 target price on the stock in a research report on Friday, August 8th. B. Riley boosted their target price on shares of Viavi Solutions from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Rosenblatt Securities reaffirmed a “buy” rating and set a $13.50 target price on shares of Viavi Solutions in a research report on Friday, June 20th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Viavi Solutions in a research report on Saturday, September 27th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Viavi Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $13.50.

About Viavi Solutions

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.