Insider Selling: Viavi Solutions (NASDAQ:VIAV) CEO Sells $1,922,812.50 in Stock

Viavi Solutions Inc. (NASDAQ:VIAV) CEO Oleg Khaykin sold 73,250 shares of Viavi Solutions stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $26.25, for a total transaction of $1,922,812.50. Following the completion of the sale, the chief executive officer owned 1,635,621 shares in the company, valued at approximately $42,935,051.25. This represents a 4.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• 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 stock was sold at an average price of $27.50, for a total value of $1,176,092.50.
• On Friday, February 6th, Oleg Khaykin sold 70,566 shares of Viavi Solutions stock. The stock was sold at an average price of $26.27, for a total value of $1,853,768.82.
• On Thursday, February 5th, Oleg Khaykin sold 70,000 shares of Viavi Solutions stock. The shares were sold at an average price of $24.50, for a total value of $1,715,000.00.
• On Wednesday, February 4th, Oleg Khaykin sold 74,315 shares of Viavi Solutions stock. The shares were sold at an average price of $26.48, for a total transaction of $1,967,861.20.
• On Tuesday, December 2nd, Oleg Khaykin sold 68,810 shares of Viavi Solutions stock. The shares were sold at an average price of $17.77, for a total transaction of $1,222,753.70.
• On Monday, December 1st, Oleg Khaykin sold 85,836 shares of Viavi Solutions stock. The shares were sold at an average price of $17.63, for a total transaction of $1,513,288.68.

Viavi Solutions Trading Down 1.5%

Viavi Solutions stock opened at $26.93 on Thursday. Viavi Solutions Inc. has a 12-month low of $8.10 and a 12-month high of $27.90. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. The stock has a market capitalization of $6.23 billion, a PE ratio of -149.59 and a beta of 0.96. The firm has a 50 day simple moving average of $19.91 and a 200-day simple moving average of $15.61.

Viavi Solutions (NASDAQ:VIAV) last released its earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The firm had revenue of $369.30 million during the quarter, compared to the consensus estimate of $365.25 million. During the same period in the prior year, the firm posted $0.13 earnings per share. The firm’s revenue for the quarter was up 36.4% compared to the same quarter last year. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. As a group, equities research analysts expect that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wall Street Zen downgraded Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. Rosenblatt Securities set a $27.00 price target on shares of Viavi Solutions in a report on Thursday, January 29th. Argus raised their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Finally, B. Riley Financial increased their target price on Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a report on Monday, January 26th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

Institutional Investors Weigh In On Viavi Solutions

Institutional investors have recently modified their holdings of the stock. State of Wyoming acquired a new position in Viavi Solutions in the fourth quarter worth approximately $34,000. Hantz Financial Services Inc. increased its stake in shares of Viavi Solutions by 86.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,845 shares of the communications equipment provider’s stock worth $51,000 after purchasing an additional 1,317 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Viavi Solutions by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after purchasing an additional 825 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in shares of Viavi Solutions in the 3rd quarter valued at $44,000. Finally, Covestor Ltd lifted its stake 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 purchasing an additional 676 shares during the last quarter. Institutional investors and hedge funds own 95.54% of the company’s stock.

About Viavi Solutions

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.