Edgestream Partners L.P. Raises Stock Holdings in Viavi Solutions Inc. $VIAV

Edgestream Partners L.P. boosted its stake in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 1,053.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 369,075 shares of the communications equipment provider’s stock after buying an additional 337,076 shares during the quarter. Edgestream Partners L.P. owned 0.17% of Viavi Solutions worth $3,717,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VIAV. Schroder Investment Management Group lifted its holdings in shares of Viavi Solutions by 16.6% in the 2nd quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider’s stock worth $82,709,000 after acquiring an additional 1,166,547 shares during the last quarter. Woodline Partners LP raised its position in Viavi Solutions by 27.6% in 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 purchasing an additional 948,472 shares during the period. Penserra Capital Management LLC purchased a new stake in Viavi Solutions in the second quarter valued at approximately $7,764,000. Nuveen LLC acquired a new position in Viavi Solutions during the first quarter worth $6,582,000. Finally, Vanguard Group Inc. boosted its position in shares of 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 worth $340,624,000 after buying an additional 540,045 shares during the period. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Viavi Solutions Stock Down 0.3%

VIAV stock opened at $17.51 on Thursday. The company’s 50 day moving average price is $15.13 and its 200 day moving average price is $12.05. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of 250.14 and a beta of 0.96. Viavi Solutions Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $18.46. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.74 and a current ratio of 1.99.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02. Viavi Solutions had a net margin of 1.33% and a return on equity of 10.70%. The company had revenue of $299.10 million during the quarter, compared to analysts’ expectations of $294.35 million. During the same quarter in the previous year, the business posted $0.06 EPS. The firm’s revenue was up 25.6% on a year-over-year basis. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. On average, equities research analysts anticipate that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VIAV. UBS Group boosted their price objective on Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Susquehanna raised Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 target price for the company in a research report on Friday, August 8th. Rosenblatt Securities boosted their price target on shares of Viavi Solutions from $15.00 to $19.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Argus raised their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Needham & Company LLC lifted their price objective on shares of Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $16.89.

Insider Transactions at Viavi Solutions

In other news, CEO Oleg Khaykin sold 85,836 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $17.63, for a total transaction of $1,513,288.68. Following the completion of the transaction, the chief executive officer directly owned 2,025,005 shares of the company’s stock, valued at approximately $35,700,838.15. This represents a 4.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Donald A. Colvin sold 40,000 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $17.09, for a total value of $683,600.00. Following the sale, the director directly owned 148,524 shares in the company, valued at $2,538,275.16. This trade represents a 21.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 602,534 shares of company stock valued at $10,481,615 over the last ninety days. Company insiders own 1.80% of the company’s stock.

Viavi Solutions 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.