Aberdeen Group plc Takes Position in Viavi Solutions Inc. $VIAV

Aberdeen Group plc bought a new position in shares of Viavi Solutions Inc. (NASDAQ:VIAV) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,584,751 shares of the communications equipment provider’s stock, valued at approximately $20,110,000. Aberdeen Group plc owned 0.71% of Viavi Solutions at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Schroder Investment Management Group lifted its holdings in shares of Viavi Solutions by 16.6% during the second quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider’s stock valued at $82,709,000 after acquiring an additional 1,166,547 shares during the period. Tributary Capital Management LLC increased 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. lifted its holdings in Viavi Solutions by 1,658.2% during 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 purchasing an additional 839,265 shares during the last quarter. Penserra Capital Management LLC acquired a new position in Viavi Solutions in the second quarter valued at about $7,764,000. Finally, Qube Research & Technologies Ltd boosted its position in 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 buying an additional 698,767 shares in the last quarter. 95.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VIAV has been the subject of a number of research analyst reports. Wall Street Zen cut shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research note on Sunday, January 18th. Rosenblatt Securities set a $27.00 price objective on Viavi Solutions in a research report on Thursday, January 29th. Weiss Ratings restated a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Needham & Company LLC raised their target price on Viavi Solutions from $24.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Stifel Nicolaus upped their price target on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Six equities 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 company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $22.13.

Viavi Solutions Trading Up 0.0%

VIAV stock opened at $26.30 on Wednesday. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46. Viavi Solutions Inc. has a twelve month low of $8.10 and a twelve month high of $28.15. The company has a market cap of $6.09 billion, a P/E ratio of -146.10 and a beta of 0.96. The business has a fifty day moving average of $20.55 and a 200-day moving average of $16.11.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The firm had revenue of $369.30 million during the quarter, compared to analyst estimates of $365.25 million. During the same period last year, the company earned $0.13 earnings per share. The company’s revenue was up 36.4% on a year-over-year basis. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. As a group, equities research analysts expect that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Insider Buying and Selling at Viavi Solutions

In related news, SVP Kevin Christopher Siebert sold 24,225 shares of Viavi Solutions stock in a transaction on Monday, December 8th. The stock was 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 directly owned 49,225 shares of the company’s stock, valued at $898,848.50. The trade was a 32.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Gary W. Staley sold 24,237 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $23.93, for a total value of $579,991.41. Following the completion of the sale, the senior vice president owned 136,267 shares of the company’s stock, valued at $3,260,869.31. This represents a 15.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 816,478 shares of company stock valued at $18,252,526. 1.80% of the stock is currently owned by corporate insiders.

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.