Viavi Solutions Inc. $VIAV Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System trimmed its holdings in Viavi Solutions Inc. (NASDAQ:VIAV) by 14.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 222,504 shares of the communications equipment provider’s stock after selling 37,773 shares during the quarter. New York State Teachers Retirement System’s holdings in Viavi Solutions were worth $7,405,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in VIAV. State of Wyoming acquired a new stake in shares of Viavi Solutions during the fourth quarter worth about $34,000. Johnson Financial Group Inc. acquired a new position in Viavi Solutions in the 3rd quarter valued at $44,000. Hantz Financial Services Inc. raised its position in 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 buying an additional 1,317 shares during the last quarter. GAMMA Investing LLC raised its position in Viavi Solutions by 25.8% during the 4th quarter. GAMMA Investing LLC now owns 4,123 shares of the communications equipment provider’s stock worth $73,000 after buying an additional 845 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Viavi Solutions in the 4th quarter worth $90,000. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

Viavi Solutions Price Performance

Viavi Solutions stock traded down $2.95 during midday trading on Tuesday, reaching $39.47. The company’s stock had a trading volume of 555,505 shares, compared to its average volume of 6,543,375. The firm has a market capitalization of $9.23 billion, a PE ratio of -164.56 and a beta of 1.18. Viavi Solutions Inc. has a fifty-two week low of $9.61 and a fifty-two week high of $60.43. The stock’s 50 day simple moving average is $49.46 and its 200 day simple moving average is $35.51. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $406.80 million for the quarter, compared to analysts’ expectations of $393.80 million. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The business’s revenue for the quarter was up 42.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.15 EPS. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. On average, equities research analysts forecast that Viavi Solutions Inc. will post 0.73 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VIAV. B. Riley Financial lifted their target price on shares of Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a report on Friday, April 24th. Wall Street Zen raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. UBS Group raised their price objective on shares of Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Weiss Ratings raised Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Finally, Susquehanna boosted their target price on Viavi Solutions from $65.00 to $66.00 and gave the stock a “positive” rating in a research report on Wednesday, July 1st. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $42.88.

Insider Transactions at Viavi Solutions

In other news, SVP Kevin Christopher Siebert sold 8,255 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $54.02, for a total value of $445,935.10. Following the completion of the transaction, the senior vice president owned 20,129 shares in the company, valued at $1,087,368.58. This trade represents a 29.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Oleg Khaykin sold 136,547 shares of Viavi Solutions stock in a transaction on Friday, May 8th. The stock was sold at an average price of $51.82, for a total value of $7,075,865.54. Following the transaction, the chief executive officer directly owned 1,188,798 shares of the company’s stock, valued at $61,603,512.36. This trade represents a 10.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 450,369 shares of company stock worth $23,789,119 over the last ninety days. 1.80% of the stock is currently owned by corporate insiders.

Viavi Solutions Company Profile

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.