Viavi Solutions (NASDAQ:VIAV) Trading Up 3.7% – Should You Buy?

Viavi Solutions Inc. (NASDAQ:VIAV)’s stock price traded up 3.7% on Tuesday . The company traded as high as $37.34 and last traded at $37.2110. 1,421,424 shares were traded during trading, a decline of 74% from the average session volume of 5,507,611 shares. The stock had previously closed at $35.87.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Susquehanna boosted their price objective on shares of Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a research report on Thursday, January 29th. B. Riley Financial boosted their price objective on shares of Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Needham & Company LLC boosted their price objective on shares of Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Stifel Nicolaus boosted their price objective on shares of Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Six 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, Viavi Solutions has a consensus rating of “Moderate Buy” and an average target price of $25.00.

Viavi Solutions Trading Up 4.8%

The company has a current ratio of 2.61, a quick ratio of 2.32 and a debt-to-equity ratio of 1.46. The stock has a market cap of $8.70 billion, a P/E ratio of -209.11 and a beta of 0.85. The firm’s 50-day simple moving average is $29.76 and its 200 day simple moving average is $21.05.

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

Insider Activity

In other Viavi Solutions news, CEO Oleg Khaykin sold 74,315 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $26.48, for a total value of $1,967,861.20. Following the completion of the transaction, the chief executive officer owned 1,849,437 shares in the company, valued at approximately $48,973,091.76. This represents a 3.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Gary W. Staley sold 24,237 shares of the company’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $23.93, for a total transaction of $579,991.41. Following the completion of the transaction, the senior vice president owned 136,267 shares of the company’s stock, valued at approximately $3,260,869.31. This trade represents a 15.10% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 485,772 shares of company stock valued at $12,736,803. 1.80% of the stock is owned by insiders.

Institutional Trading of Viavi Solutions

Institutional investors have recently made changes to their positions in the stock. Fisher Asset Management LLC lifted its stake in shares of Viavi Solutions by 14.2% in the 3rd quarter. Fisher Asset Management LLC now owns 469,354 shares of the communications equipment provider’s stock worth $5,956,000 after acquiring an additional 58,364 shares during the period. Knights of Columbus Asset Advisors LLC lifted its stake in shares of Viavi Solutions by 39.7% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 224,014 shares of the communications equipment provider’s stock worth $2,843,000 after acquiring an additional 63,605 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Viavi Solutions by 59.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,558,253 shares of the communications equipment provider’s stock worth $27,768,000 after acquiring an additional 583,347 shares during the period. Cookson Peirce & Co. Inc. acquired a new stake in shares of Viavi Solutions in the 3rd quarter worth approximately $1,187,000. Finally, Oak Ridge Investments LLC acquired a new stake in shares of Viavi Solutions in the 3rd quarter worth approximately $3,855,000. 95.54% of the stock is owned by institutional investors and hedge funds.

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.