19,785 Shares in Viavi Solutions Inc. $VIAV Acquired by 111 Capital

111 Capital purchased a new stake in Viavi Solutions Inc. (NASDAQ:VIAV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,785 shares of the communications equipment provider’s stock, valued at approximately $251,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Aberdeen Group plc acquired a new position in shares of Viavi Solutions in the 3rd quarter worth $20,110,000. Schroder Investment Management Group boosted its position in shares of 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 purchasing an additional 1,166,547 shares during the period. Tributary Capital Management LLC increased its stake 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 purchasing an additional 1,063,330 shares in the last quarter. Balyasny Asset Management L.P. increased its stake in 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 worth $8,961,000 after purchasing an additional 839,265 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new stake in Viavi Solutions during the 2nd quarter worth about $7,764,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Viavi Solutions Trading Down 1.4%

Viavi Solutions stock opened at $32.59 on Thursday. The company’s fifty day simple moving average is $23.12 and its 200-day simple moving average is $17.55. 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 12 month low of $8.10 and a 12 month high of $35.61. The stock has a market cap of $7.54 billion, a P/E ratio of -181.05 and a beta of 0.92.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business 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. Viavi Solutions’s quarterly revenue was up 36.4% compared to the same quarter last year. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. As a group, sell-side analysts forecast that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling at Viavi Solutions

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 7,264 shares of Viavi Solutions stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $34.78, for a total value of $252,641.92. Following the completion of the sale, the senior vice president directly owned 28,384 shares in the company, valued at $987,195.52. The trade was a 20.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Gary W. Staley sold 24,237 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $23.93, for a total transaction of $579,991.41. Following the completion of the sale, the senior vice president directly owned 136,267 shares of the company’s stock, valued at $3,260,869.31. This represents a 15.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 516,765 shares of company stock worth $13,306,119 over the last quarter. Insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. B. Riley Financial raised their target price on shares of Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Stifel Nicolaus boosted their price target on shares of Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Argus raised their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Wall Street Zen cut shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 18th. Finally, Needham & Company LLC boosted their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a research note on Monday. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $23.13.

Viavi Solutions 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.