113,623 Shares in Viavi Solutions Inc. $VIAV Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. acquired a new position in shares of Viavi Solutions Inc. (NASDAQ:VIAVFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 113,623 shares of the communications equipment provider’s stock, valued at approximately $1,442,000. Robeco Institutional Asset Management B.V. owned about 0.05% of Viavi Solutions at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Schroder Investment Management Group boosted 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 purchasing an additional 1,166,547 shares during the period. Balyasny Asset Management L.P. boosted its stake in Viavi Solutions by 1,658.2% during the second quarter. Balyasny Asset Management L.P. now owns 889,877 shares of the communications equipment provider’s stock worth $8,961,000 after buying an additional 839,265 shares during the period. Penserra Capital Management LLC bought a new position in Viavi Solutions during the second quarter valued at $7,764,000. Qube Research & Technologies Ltd raised its stake in shares of Viavi Solutions by 104.4% in the second quarter. Qube Research & Technologies Ltd now owns 1,368,397 shares of the communications equipment provider’s stock valued at $13,780,000 after acquiring an additional 698,767 shares during the period. Finally, Robeco Schweiz AG purchased a new stake in shares of Viavi Solutions in the second quarter valued at $4,532,000. 95.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Stifel Nicolaus upped their price target on shares of Viavi Solutions from $18.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Weiss Ratings restated a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. B. Riley raised Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 target price on the stock in a research note on Thursday, October 30th. Wall Street Zen raised Viavi Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Needham & Company LLC upped their price objective on Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Viavi Solutions has an average rating of “Moderate Buy” and an average target price of $17.44.

Check Out Our Latest Stock Report on VIAV

Insider Activity

In other Viavi Solutions news, Director Keith Barnes sold 121,467 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $18.18, for a total transaction of $2,208,270.06. Following the transaction, the director directly owned 27,213 shares in the company, valued at $494,732.34. This represents a 81.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Kevin Christopher Siebert sold 24,225 shares of the business’s stock in a transaction dated Monday, December 8th. The shares were 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 approximately $898,848.50. This represents a 32.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 606,226 shares of company stock valued at $10,714,820. Company insiders own 1.80% of the company’s stock.

Viavi Solutions Stock Performance

Shares of NASDAQ:VIAV opened at $17.78 on Monday. The firm’s 50 day simple moving average is $17.72 and its 200-day simple moving average is $13.74. 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 Inc. has a one year low of $8.10 and a one year high of $19.75. The firm has a market cap of $3.97 billion, a PE ratio of 254.00 and a beta of 0.94.

Viavi Solutions (NASDAQ:VIAVGet Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.02. The company had revenue of $299.10 million for the quarter, compared to analysts’ expectations of $294.35 million. Viavi Solutions had a return on equity of 10.70% and a net margin of 1.33%.Viavi Solutions’s revenue was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 earnings per share. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. As a group, equities analysts predict that Viavi Solutions Inc. will post 0.26 EPS for the current year.

About Viavi Solutions

(Free Report)

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.

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Institutional Ownership by Quarter for Viavi Solutions (NASDAQ:VIAV)

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