Viavi Solutions (NASDAQ:VIAV) CEO Oleg Khaykin Sells 73,250 Shares of Stock

Viavi Solutions Inc. (NASDAQ:VIAV) CEO Oleg Khaykin sold 73,250 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $26.25, for a total value of $1,922,812.50. Following the sale, the chief executive officer owned 1,635,621 shares of the company’s stock, valued at approximately $42,935,051.25. This trade represents a 4.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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 Thursday, February 5th, Oleg Khaykin sold 70,000 shares of Viavi Solutions stock. The stock was sold at an average price of $24.50, for a total value of $1,715,000.00.
• 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

Shares of VIAV opened at $27.64 on Tuesday. The company has a market capitalization of $6.40 billion, a PE ratio of -153.57 and a beta of 0.95. 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 one year low of $8.10 and a one year high of $27.69. The company’s fifty day moving average price is $19.52 and its 200 day moving average price is $15.41.

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

Hedge Funds Weigh In On Viavi Solutions

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Knights of Columbus Asset Advisors LLC increased its position in Viavi Solutions by 39.7% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 224,014 shares of the communications equipment provider’s stock valued at $2,843,000 after acquiring an additional 63,605 shares in the last quarter. Penserra Capital Management LLC bought a new stake in shares of Viavi Solutions during the second quarter valued at approximately $7,764,000. Oak Ridge Investments LLC bought a new stake in shares of Viavi Solutions during the third quarter valued at approximately $3,855,000. Assenagon Asset Management S.A. increased its holdings in shares of Viavi Solutions by 29.5% in the third quarter. Assenagon Asset Management S.A. now owns 974,906 shares of the communications equipment provider’s stock valued at $12,372,000 after purchasing an additional 221,949 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. bought a new position in Viavi Solutions in the 3rd quarter worth approximately $1,442,000. Institutional investors own 95.54% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on VIAV. Stifel Nicolaus boosted their price objective on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. B. Riley Financial boosted their price target on Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, January 26th. Rosenblatt Securities set a $27.00 price objective on Viavi Solutions in a research report on Thursday, January 29th. Argus lifted their price objective on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, UBS Group upped their target price on Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $22.13.

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.