Viavi Solutions Inc. $VIAV Stock Position Reduced by Vanguard Group Inc.

Vanguard Group Inc. decreased its position in Viavi Solutions Inc. (NASDAQ:VIAV) by 3.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,212,183 shares of the communications equipment provider’s stock after selling 1,211,548 shares during the quarter. Vanguard Group Inc. owned 13.54% of Viavi Solutions worth $383,393,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in Viavi Solutions by 33.6% in the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares during the period. Covestor Ltd lifted 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 worth $46,000 after buying an additional 676 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings 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 during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Viavi Solutions by 12.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 10,835 shares of the communications equipment provider’s stock valued at $136,000 after buying an additional 1,224 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Viavi Solutions during the 3rd quarter valued at about $157,000. 95.54% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Gary W. Staley sold 24,237 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $23.93, for a total transaction of $579,991.41. Following the sale, the senior vice president owned 136,267 shares of the company’s stock, valued at $3,260,869.31. The trade was a 15.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard Belluzzo sold 15,775 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $26.85, for a total value of $423,558.75. Following the completion of the sale, the director owned 211,850 shares of the company’s stock, valued at $5,688,172.50. This trade represents a 6.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 830,596 shares of company stock worth $18,646,027. 1.80% of the stock is owned by corporate insiders.

Viavi Solutions Stock Down 3.1%

Shares of Viavi Solutions stock opened at $29.90 on Friday. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. Viavi Solutions Inc. has a 1-year low of $8.10 and a 1-year high of $31.42. The business’s fifty day moving average price is $21.97 and its two-hundred day moving average price is $16.90. The company has a market capitalization of $6.92 billion, a P/E ratio of -166.10 and a beta of 0.96.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Wall Street Zen cut shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. B. Riley Financial raised their price target on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, January 26th. UBS Group boosted their price objective on Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Finally, Needham & Company LLC boosted their price target on shares of Viavi Solutions from $24.00 to $28.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

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.