Viavi Solutions Inc. (NASDAQ:VIAV – Get Free Report) CEO Oleg Khaykin sold 70,000 shares of the business’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $24.50, for a total value of $1,715,000.00. Following the transaction, the chief executive officer directly owned 1,779,437 shares in the company, valued at $43,596,206.50. This trade represents a 3.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Oleg Khaykin also recently made the following trade(s):
- On Friday, February 6th, Oleg Khaykin sold 70,566 shares of Viavi Solutions stock. The stock was sold at an average price of $26.27, for a total value of $1,853,768.82.
- On Wednesday, February 4th, Oleg Khaykin sold 74,315 shares of Viavi Solutions stock. The shares were sold at an average price of $26.48, for a total transaction of $1,967,861.20.
- On Tuesday, December 2nd, Oleg Khaykin sold 68,810 shares of Viavi Solutions stock. The stock was sold at an average price of $17.77, for a total transaction of $1,222,753.70.
- On Monday, December 1st, Oleg Khaykin sold 85,836 shares of Viavi Solutions stock. The stock was sold at an average price of $17.63, for a total transaction of $1,513,288.68.
Viavi Solutions Stock Performance
Viavi Solutions stock opened at $26.38 on Friday. The firm has a 50 day simple moving average of $19.32 and a 200-day simple moving average of $15.22. The stock has a market cap of $6.10 billion, a price-to-earnings ratio of -146.55 and a beta of 0.96. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. Viavi Solutions Inc. has a 1-year low of $8.10 and a 1-year high of $26.84.
Key Headlines Impacting Viavi Solutions
Here are the key news stories impacting Viavi Solutions this week:
- Positive Sentiment: Earnings and guidance beat — Viavi reported a January quarter that topped EPS and revenue estimates and gave upbeat near‑term guidance, supporting the stock’s rally. MarketBeat: VIAV profile & earnings
- Positive Sentiment: Analyst upgrades/price-target increases — Several firms (Needham, B. Riley, Rosenblatt) have raised targets or reiterated buy ratings, lifting sentiment and expected upside. MarketBeat: analyst coverage
- Positive Sentiment: Institutional accumulation — Large hedge funds and asset managers (Arrowstreet, Millennium, Schroder, others) materially increased positions last quarter, signaling conviction from institutional investors. MarketBeat: institutional ownership
- Neutral Sentiment: Technical and balance-sheet context — The stock is well above its 50‑ and 200‑day moving averages and near its 52‑week high; liquidity and leverage metrics are moderate (current ratio ~2.6, debt/equity ~1.46). MarketBeat: price & fundamentals
- Negative Sentiment: Significant insider selling — CEO Oleg Khaykin sold large blocks (70k+ shares across Feb 4–6) and SVP Gary Staley also sold meaningful holdings, which may pressure sentiment or supply in the near term. SEC filings: CEO Feb 6 sale Form 4 CEO Feb 6, CEO Feb 5 sale Form 4 CEO Feb 5, SVP sale alert InsiderTrades alert
Institutional Trading of Viavi Solutions
A number of large investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in 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 purchasing an additional 825 shares during the period. Johnson Financial Group Inc. purchased a new stake in Viavi Solutions during the 3rd quarter worth about $44,000. Covestor Ltd raised its position 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 in the last quarter. Nisa Investment Advisors LLC boosted its stake 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 buying an additional 898 shares during the period. Finally, Vise Technologies Inc. acquired a new position in shares of Viavi Solutions during the second quarter worth about $128,000. Hedge funds and other institutional investors own 95.54% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. UBS Group boosted their price objective on shares of Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Susquehanna boosted their price target on shares of Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a research note on Thursday, January 29th. Weiss Ratings restated a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Wall Street Zen downgraded shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. Finally, Argus boosted their target price on Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Viavi Solutions has an average rating of “Moderate Buy” and a consensus target price of $22.13.
Check Out Our Latest Stock Report on VIAV
Viavi Solutions Company Profile
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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