Swiss National Bank Trims Holdings in Viavi Solutions Inc. $VIAV

Swiss National Bank trimmed its holdings in Viavi Solutions Inc. (NASDAQ:VIAV) by 2.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 429,800 shares of the communications equipment provider’s stock after selling 8,600 shares during the quarter. Swiss National Bank owned about 0.19% of Viavi Solutions worth $4,809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. KBC Group NV grew its stake in shares of Viavi Solutions by 38.1% in the 1st quarter. KBC Group NV now owns 12,967 shares of the communications equipment provider’s stock worth $145,000 after buying an additional 3,579 shares during the last quarter. Wakefield Asset Management LLLP bought a new stake in Viavi Solutions in the first quarter worth $1,098,000. Principal Financial Group Inc. boosted its holdings in Viavi Solutions by 2.8% in the first quarter. Principal Financial Group Inc. now owns 1,106,034 shares of the communications equipment provider’s stock worth $12,377,000 after acquiring an additional 30,359 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Viavi Solutions by 1,429.1% in the first quarter. GAMMA Investing LLC now owns 39,008 shares of the communications equipment provider’s stock worth $436,000 after acquiring an additional 36,457 shares during the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of Viavi Solutions by 201.2% during the fourth quarter. Marshall Wace LLP now owns 49,200 shares of the communications equipment provider’s stock valued at $497,000 after acquiring an additional 32,867 shares in the last quarter. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VIAV has been the topic of a number of analyst reports. Morgan Stanley upped their price target on shares of Viavi Solutions from $8.60 to $9.30 and gave the stock an “underweight” rating in a research note on Monday, August 11th. UBS Group increased their price target on shares of Viavi Solutions from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Needham & Company LLC restated a “buy” rating and issued a $15.00 price objective on shares of Viavi Solutions in a report on Friday, May 2nd. Wall Street Zen raised Viavi Solutions from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 13th. Finally, B. Riley increased their target price on Viavi Solutions from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Friday, August 8th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $13.31.

Viavi Solutions Price Performance

NASDAQ VIAV opened at $10.66 on Wednesday. The company has a quick ratio of 1.30, a current ratio of 1.50 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $2.38 billion, a P/E ratio of 66.63 and a beta of 0.87. The company has a 50-day moving average price of $10.12 and a 200-day moving average price of $10.38. Viavi Solutions Inc. has a 52 week low of $7.80 and a 52 week high of $12.91.

Viavi Solutions (NASDAQ:VIAV) last announced its earnings results on Thursday, August 7th. The communications equipment provider reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. Viavi Solutions had a net margin of 3.21% and a return on equity of 8.02%. The business had revenue of $290.50 million during the quarter, compared to analysts’ expectations of $285.19 million. During the same period in the prior year, the company earned $0.08 earnings per share. The firm’s revenue was up 15.3% on a year-over-year basis. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. Equities research analysts anticipate that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Insiders Place Their Bets

In other Viavi Solutions news, Director Richard Belluzzo sold 8,385 shares of the business’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $10.02, for a total transaction of $84,017.70. Following the completion of the sale, the director owned 242,311 shares of the company’s stock, valued at approximately $2,427,956.22. The trade was a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.52% of the company’s stock.

Viavi Solutions Company Profile

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.