Viavi Solutions (NASDAQ:VIAV) CEO Sells $1,967,861.20 in Stock

by · The Cerbat Gem

Viavi Solutions Inc. (NASDAQ:VIAV – Get Free Report) CEO Oleg Khaykin sold 74,315 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $26.48, for a total transaction of $1,967,861.20. Following the completion of the sale, the chief executive officer owned 1,849,437 shares of the company’s stock, valued at $48,973,091.76. This trade represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

  • On Tuesday, December 2nd, Oleg Khaykin sold 68,810 shares of Viavi Solutions stock. The stock was 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 stock was sold at an average price of $17.63, for a total transaction of $1,513,288.68.

Viavi Solutions Price Performance

Shares of Viavi Solutions stock traded up $1.41 during midday trading on Thursday, hitting $25.91. 1,928,805 shares of the company traded hands, compared to its average volume of 4,984,848. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of -143.91 and a beta of 0.96. Viavi Solutions Inc. has a 12 month low of $8.10 and a 12 month high of $26.84. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.32 and a current ratio of 2.61. The firm’s fifty day moving average price is $19.01 and its 200-day moving average price is $15.04.

Viavi Solutions (NASDAQ:VIAV – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share (EPS) 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 company had revenue of $369.30 million during the quarter, compared to the consensus estimate of $365.25 million. During the same period last year, the company earned $0.13 earnings per share. The firm’s revenue 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, sell-side analysts forecast that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on VIAV shares. Wall Street Zen lowered Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 18th. Susquehanna raised their price target on Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a report on Thursday, January 29th. Rosenblatt Securities set a $27.00 price objective on shares of Viavi Solutions in a research report on Thursday, January 29th. B. Riley lifted their target price on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Finally, Needham & Company LLC boosted their price objective on shares of Viavi Solutions from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Viavi Solutions has an average rating of “Moderate Buy” and an average target price of $22.13.

Read Our Latest Stock Analysis on Viavi Solutions

Institutional Trading of Viavi Solutions

Hedge funds have recently modified their holdings of the business. Covestor Ltd boosted its position in shares of Viavi Solutions by 22.9% during the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after acquiring an additional 676 shares in the last quarter. Lido Advisors LLC boosted its position in Viavi Solutions by 3.0% during the 3rd quarter. Lido Advisors LLC now owns 24,082 shares of the communications equipment provider’s stock worth $306,000 after acquiring an additional 697 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Viavi Solutions by 1.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 51,094 shares of the communications equipment provider’s stock valued at $910,000 after purchasing an additional 800 shares in the last quarter. GAMMA Investing LLC boosted its stake 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 worth $42,000 after acquiring an additional 825 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in shares of Viavi Solutions by 32.0% during the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after purchasing an additional 898 shares during the period. 95.54% of the stock is owned by institutional investors and hedge funds.

Viavi Solutions Company Profile

(Get Free Report)

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.

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