Maryland State Retirement & Pension System Has $407,000 Stake in Viavi Solutions Inc. $VIAV

Maryland State Retirement & Pension System lowered its stake in Viavi Solutions Inc. (NASDAQ:VIAV) by 51.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,094 shares of the communications equipment provider’s stock after selling 33,512 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Viavi Solutions were worth $407,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Schroder Investment Management Group grew its holdings in Viavi Solutions by 16.6% in the second 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. Tributary Capital Management LLC boosted its position in shares of Viavi Solutions by 92.9% during the 3rd quarter. Tributary Capital Management LLC now owns 2,207,642 shares of the communications equipment provider’s stock worth $28,015,000 after purchasing an additional 1,063,330 shares in the last quarter. Balyasny Asset Management L.P. grew its stake in shares of Viavi Solutions by 1,658.2% in the 2nd quarter. Balyasny Asset Management L.P. now owns 889,877 shares of the communications equipment provider’s stock valued at $8,961,000 after buying an additional 839,265 shares during the period. Penserra Capital Management LLC bought a new stake in Viavi Solutions in the 2nd quarter valued at about $7,764,000. Finally, Qube Research & Technologies Ltd raised its stake in Viavi Solutions by 104.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,368,397 shares of the communications equipment provider’s stock worth $13,780,000 after buying an additional 698,767 shares during the period. Institutional investors and hedge funds own 95.54% of the company’s stock.

Viavi Solutions Price Performance

VIAV opened at $18.79 on Friday. Viavi Solutions Inc. has a 1 year low of $8.10 and a 1 year high of $19.90. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.99 and a quick ratio of 1.74. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 268.43 and a beta of 0.94. The firm’s fifty day moving average price is $17.94 and its two-hundred day moving average price is $14.28.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $294.35 million. During the same period last year, the firm earned $0.06 earnings per share. 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. As a group, analysts anticipate that Viavi Solutions Inc. will post 0.26 earnings per share for the current fiscal year.

Insider Buying and Selling at Viavi Solutions

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 24,225 shares of the company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $18.26, for a total value of $442,348.50. Following the completion of the transaction, the senior vice president owned 49,225 shares in the company, valued at $898,848.50. This represents a 32.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard John Burns sold 3,384 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $18.76, for a total value of $63,483.84. Following the sale, the director directly owned 3,384 shares of the company’s stock, valued at approximately $63,483.84. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 606,226 shares of company stock valued at $10,714,820 in the last ninety days. 1.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Needham & Company LLC raised their price objective on Viavi Solutions from $16.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Argus lifted their price target on shares of Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Wall Street Zen lowered shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research note on Sunday, January 18th. UBS Group raised their price objective on shares of Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Seven 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $17.44.

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.