Viavi Solutions (NASDAQ:VIAV) Stock Rating Lowered by Wall Street Zen

Viavi Solutions (NASDAQ:VIAV) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Several other equities analysts have also recently weighed in on the stock. Needham & Company LLC raised their price target on shares of Viavi Solutions from $16.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Argus boosted their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. UBS Group increased their target price on shares of Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday. Finally, 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 report on Thursday, October 30th. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $17.44.

Viavi Solutions Price Performance

VIAV stock opened at $18.02 on Friday. The stock has a 50-day moving average price of $16.46 and a two-hundred day moving average price of $12.78. Viavi Solutions has a 1 year low of $8.10 and a 1 year high of $19.75. The stock has a market cap of $4.02 billion, a PE ratio of 257.43 and a beta of 0.96. The company has a current ratio of 1.99, a quick ratio of 1.74 and a debt-to-equity ratio of 0.88.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. The company had revenue of $299.10 million for the quarter, compared to analyst estimates of $294.35 million. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.The company’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.06 earnings per share. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Equities analysts forecast that Viavi Solutions will post 0.26 EPS for the current fiscal year.

Insider Transactions at Viavi Solutions

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 24,225 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $18.26, for a total transaction of $442,348.50. Following the completion of the sale, the senior vice president owned 49,225 shares of the company’s stock, valued at $898,848.50. This trade represents a 32.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Eugenia Corrales sold 3,384 shares of Viavi Solutions stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $18.76, for a total transaction of $63,483.84. Following the transaction, the director directly owned 3,384 shares of the company’s stock, valued at approximately $63,483.84. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 633,527 shares of company stock valued at $11,050,931. Company insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Viavi Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of VIAV. GAMMA Investing LLC boosted its position in shares of Viavi Solutions by 33.6% in the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after acquiring an additional 825 shares during the period. Johnson Financial Group Inc. acquired a new stake in Viavi Solutions in the 3rd quarter worth about $44,000. Covestor Ltd boosted its holdings in Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after purchasing an additional 676 shares during the period. Nisa Investment Advisors LLC grew its position in shares of Viavi Solutions by 32.0% during the 3rd 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 in the last quarter. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of Viavi Solutions during the 2nd quarter worth approximately $43,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

About Viavi Solutions

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.