10,811 Shares in Viavi Solutions Inc. $VIAV Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in shares of Viavi Solutions Inc. (NASDAQ:VIAV) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,811 shares of the communications equipment provider’s stock, valued at approximately $109,000.

Other hedge funds have also added to or reduced their stakes in the company. KBC Group NV boosted its position in Viavi Solutions by 38.1% during 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 period. Wakefield Asset Management LLLP acquired a new stake in Viavi Solutions during the 1st quarter worth approximately $1,098,000. Principal Financial Group Inc. boosted its position in Viavi Solutions by 2.8% during the 1st quarter. Principal Financial Group Inc. now owns 1,106,034 shares of the communications equipment provider’s stock worth $12,377,000 after buying an additional 30,359 shares during the period. GAMMA Investing LLC boosted its position in Viavi Solutions by 1,429.1% during the 1st quarter. GAMMA Investing LLC now owns 39,008 shares of the communications equipment provider’s stock worth $436,000 after buying an additional 36,457 shares during the period. Finally, Graham Capital Management L.P. acquired a new stake in Viavi Solutions during the 1st quarter worth approximately $1,447,000. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Viavi Solutions

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 9,927 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $12.17, for a total transaction of $120,811.59. Following the sale, the senior vice president directly owned 84,598 shares of the company’s stock, valued at $1,029,557.66. This represents a 10.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Richard Belluzzo sold 8,387 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $12.63, for a total transaction of $105,927.81. Following the sale, the director directly owned 217,154 shares in the company, valued at approximately $2,742,655.02. This trade represents a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 73,789 shares of company stock valued at $857,189 over the last three months. 1.52% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on VIAV shares. Susquehanna upgraded shares of Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 target price on the stock in a research report on Friday, August 8th. UBS Group boosted their price target on shares of Viavi Solutions from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Morgan Stanley upgraded shares of Viavi Solutions from an “underweight” rating to an “equal weight” rating and set a $11.00 price target on the stock in a research report on Tuesday, September 2nd. Rosenblatt Securities reiterated a “buy” rating and issued a $13.50 price objective on shares of Viavi Solutions in a research note on Friday, June 20th. Finally, B. Riley lifted their price objective on shares of 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 and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Viavi Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $13.50.

Viavi Solutions Price Performance

Shares of NASDAQ:VIAV opened at $12.77 on Friday. The company’s 50-day moving average is $11.33 and its 200 day moving average is $10.43. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.30 and a current ratio of 1.50. The company has a market capitalization of $2.84 billion, a P/E ratio of 79.82 and a beta of 0.90. Viavi Solutions Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $12.97.

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

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.