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

Viavi Solutions (NASDAQ:VIAV) was downgraded by analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Sunday.

VIAV has been the topic of several other research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. Rosenblatt Securities lifted their target price on Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Argus upped their price target on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. B. Riley raised Viavi Solutions from a “neutral” rating to a “buy” rating and set a $18.00 price objective on the stock in a research note on Thursday, October 30th. Finally, UBS Group boosted their price objective on Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $17.44.

Viavi Solutions Trading Down 1.3%

Shares of NASDAQ:VIAV opened at $18.60 on Friday. The stock’s 50-day simple moving average is $17.80 and its two-hundred day simple moving average is $14.00. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 265.71 and a beta of 0.94. Viavi Solutions has a 52-week low of $8.10 and a 52-week high of $19.75. 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 released its quarterly earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 EPS for the quarter, beating the consensus estimate of $0.13 by $0.02. The firm had revenue of $299.10 million during the quarter, compared to analyst estimates of $294.35 million. Viavi Solutions had a net margin of 1.33% and a return on equity of 10.70%. The business’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 EPS. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Analysts expect that Viavi Solutions will post 0.26 EPS for the current year.

Insider Activity

In related news, EVP Ilan Daskal sold 170,000 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $17.49, for a total transaction of $2,973,300.00. Following the completion of the transaction, the executive vice president owned 10,132 shares in the company, valued at approximately $177,208.68. This represents a 94.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard John Burns sold 3,384 shares of Viavi Solutions stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $18.76, for a total transaction of $63,483.84. Following the completion of the sale, the director owned 3,384 shares in the company, valued at approximately $63,483.84. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over 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.

Institutional Investors Weigh In On Viavi Solutions

A number of hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of Viavi Solutions by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after buying an additional 825 shares during the period. Johnson Financial Group Inc. bought a new position in Viavi Solutions during the 3rd quarter worth about $44,000. Covestor Ltd increased its position in Viavi Solutions by 22.9% during 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 raised its holdings in shares of Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after purchasing an additional 898 shares in the last quarter. Finally, Park Avenue Securities LLC purchased a new stake in shares of Viavi Solutions in the 2nd quarter worth approximately $109,000. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

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.