Viavi Solutions Inc. $VIAV Position Trimmed by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its holdings in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 11.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,677 shares of the communications equipment provider’s stock after selling 3,671 shares during the period. Mutual of America Capital Management LLC’s holdings in Viavi Solutions were worth $289,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Viavi Solutions by 1.8% during the first quarter. Vanguard Group Inc. now owns 30,440,070 shares of the communications equipment provider’s stock valued at $340,624,000 after purchasing an additional 540,045 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Viavi Solutions by 0.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,560,567 shares of the communications equipment provider’s stock valued at $118,173,000 after acquiring an additional 36,172 shares during the period. Woodline Partners LP boosted its holdings in shares of Viavi Solutions by 27.6% during the first quarter. Woodline Partners LP now owns 4,384,150 shares of the communications equipment provider’s stock valued at $49,059,000 after acquiring an additional 948,472 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Viavi Solutions by 0.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,358,676 shares of the communications equipment provider’s stock valued at $37,584,000 after acquiring an additional 23,783 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of Viavi Solutions by 7,293.1% during the first quarter. Victory Capital Management Inc. now owns 3,083,135 shares of the communications equipment provider’s stock valued at $34,500,000 after acquiring an additional 3,041,432 shares during the period. Institutional investors own 95.54% of the company’s stock.

Viavi Solutions Stock Performance

VIAV stock opened at $13.98 on Thursday. The company has a market capitalization of $3.11 billion, a P/E ratio of 87.38 and a beta of 0.90. The company has a 50-day simple moving average of $12.36 and a 200 day simple moving average of $10.74. Viavi Solutions Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $14.85. The company has a quick ratio of 1.30, a current ratio of 1.50 and a debt-to-equity ratio of 0.51.

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, 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 company had revenue of $290.50 million during the quarter, compared to the consensus estimate of $285.19 million. During the same period in the prior year, the company earned $0.08 EPS. Viavi Solutions’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. Sell-side analysts predict that Viavi Solutions Inc. will post 0.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Susquehanna raised shares of Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 price target for the company in a 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 company a “neutral” rating in a report on Friday, August 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Viavi Solutions in a report on Wednesday, October 8th. B. Riley boosted 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. Finally, Stifel Nicolaus reissued a “buy” rating and set a $15.00 price target (up previously from $13.00) on shares of Viavi Solutions in a report on Monday, October 13th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.72.

Insiders Place Their Bets

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 9,927 shares of the business’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $12.17, for a total transaction of $120,811.59. Following the sale, the senior vice president owned 84,598 shares in the company, valued at approximately $1,029,557.66. The trade was a 10.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Luke M. Scrivanich sold 8,987 shares of the business’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of $12.17, for a total value of $109,371.79. Following the sale, the senior vice president owned 79,335 shares in the company, valued at approximately $965,506.95. The trade was a 10.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 73,789 shares of company stock worth $857,189. Company insiders own 1.80% of the company’s stock.

About Viavi Solutions

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.