Viavi Solutions Inc. (NASDAQ:VIAV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Viavi Solutions Inc. (NASDAQ:VIAV) has been given a consensus rating of “Moderate Buy” by the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $17.4444.

Several equities analysts recently commented on VIAV shares. Needham & Company LLC increased their price objective on shares of Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Rosenblatt Securities upped their price target on shares of Viavi Solutions from $15.00 to $19.00 and gave the stock a “buy” 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, December 29th. UBS Group boosted their price objective on Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Finally, Argus upped their target price on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th.

Viavi Solutions Price Performance

Shares of VIAV stock opened at $17.78 on Friday. The business has a fifty day simple moving average of $17.72 and a 200 day simple moving average of $13.69. The company has a market cap of $3.97 billion, a P/E ratio of 254.00 and a beta of 0.94. The company has a quick ratio of 1.74, a current ratio of 1.99 and a debt-to-equity ratio of 0.88. Viavi Solutions has a twelve month low of $8.10 and a twelve month high of $19.75.

Viavi Solutions (NASDAQ:VIAV) last issued its 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. The firm had revenue of $299.10 million during the quarter, compared to the consensus estimate of $294.35 million. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.The business’s quarterly revenue was up 25.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.06 earnings per share. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. On average, sell-side analysts forecast that Viavi Solutions will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling

In other Viavi Solutions news, CEO Oleg Khaykin sold 85,836 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $17.63, for a total transaction of $1,513,288.68. Following the sale, the chief executive officer directly owned 2,025,005 shares of the company’s stock, valued at $35,700,838.15. The trade was 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, SVP Kevin Christopher Siebert sold 24,225 shares of the firm’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $18.26, for a total transaction of $442,348.50. Following the transaction, the senior vice president directly owned 49,225 shares of the company’s stock, valued at $898,848.50. The trade was a 32.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 606,226 shares of company stock valued at $10,714,820 over the last three months. Insiders own 1.80% of the company’s stock.

Institutional Trading of Viavi Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of VIAV. GAMMA Investing LLC raised its position in Viavi Solutions by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares during the last quarter. Family Legacy Financial Solutions LLC acquired a new stake in shares of Viavi Solutions in the second quarter valued at about $43,000. Johnson Financial Group Inc. bought a new position in shares of Viavi Solutions during the third quarter worth about $44,000. Covestor Ltd raised its position in shares of Viavi Solutions by 22.9% during the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after acquiring an additional 676 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Viavi Solutions by 32.0% in the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after acquiring an additional 898 shares during the period. 95.54% of the stock is currently owned by institutional investors and hedge funds.

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.