Andra AP fonden Decreases Stock Holdings in Viavi Solutions Inc. $VIAV

Andra AP fonden lessened its stake in Viavi Solutions Inc. (NASDAQ:VIAV) by 56.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,985 shares of the communications equipment provider’s stock after selling 59,727 shares during the quarter. Andra AP fonden’s holdings in Viavi Solutions were worth $596,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Aberdeen Group plc acquired a new stake in shares of Viavi Solutions in the third quarter valued at about $20,110,000. Schroder Investment Management Group lifted its stake in 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 valued at $82,709,000 after buying an additional 1,166,547 shares in the last quarter. Tributary Capital Management LLC boosted its holdings in Viavi Solutions by 92.9% in 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 buying an additional 1,063,330 shares during the last quarter. Balyasny Asset Management L.P. increased its stake 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 worth $8,961,000 after buying an additional 839,265 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new position in shares of Viavi Solutions during the second quarter valued at approximately $7,764,000. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on VIAV shares. B. Riley Financial lifted their price target on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Argus upped their target price on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Rosenblatt Securities set a $27.00 price target on shares of Viavi Solutions in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. Finally, Susquehanna increased their price objective on shares of Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a report on Thursday, January 29th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Viavi Solutions has an average rating of “Moderate Buy” and an average target price of $22.13.

Viavi Solutions Stock Performance

Shares of Viavi Solutions stock opened at $29.71 on Monday. The firm has a market cap of $6.87 billion, a PE ratio of -165.05 and a beta of 0.91. 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 52 week low of $8.10 and a 52 week high of $31.42. The business’s fifty day simple moving average is $22.20 and its 200-day simple moving average is $17.12.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. The firm had revenue of $369.30 million for the quarter, compared to analyst estimates of $365.25 million. During the same period in the previous year, the firm earned $0.13 EPS. Viavi Solutions’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. Equities analysts forecast that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Insider Activity at Viavi Solutions

In related news, CEO Oleg Khaykin sold 74,315 shares of Viavi Solutions stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $26.48, for a total value of $1,967,861.20. Following the completion of the sale, the chief executive officer owned 1,849,437 shares in the company, valued at approximately $48,973,091.76. This trade represents a 3.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction, the senior vice president owned 49,225 shares in the company, valued at $898,848.50. This trade represents a 32.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 744,760 shares of company stock worth $17,132,738. Company insiders own 1.80% of the company’s stock.

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.