Boothbay Fund Management LLC Has $2.35 Million Stock Holdings in Viavi Solutions Inc. $VIAV

Boothbay Fund Management LLC increased its position in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 352.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 184,980 shares of the communications equipment provider’s stock after acquiring an additional 144,090 shares during the quarter. Boothbay Fund Management LLC owned about 0.08% of Viavi Solutions worth $2,347,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in shares of Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares in the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Viavi Solutions in the 3rd quarter valued at $44,000. Covestor Ltd increased its position in shares of 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 buying an additional 676 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Viavi Solutions by 32.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after buying an additional 898 shares during the period. Finally, Vise Technologies Inc. acquired a new stake in Viavi Solutions during the 2nd quarter worth $128,000. Institutional investors own 95.54% of the company’s stock.

Viavi Solutions Price Performance

Shares of NASDAQ VIAV opened at $31.60 on Tuesday. The company has a fifty day moving average price of $25.02 and a 200 day moving average price of $18.67. The firm has a market cap of $7.31 billion, a PE ratio of -175.55 and a beta of 0.91. The company has a current ratio of 2.61, a quick ratio of 2.32 and a debt-to-equity ratio of 1.46. Viavi Solutions Inc. has a 1-year low of $8.10 and a 1-year high of $35.61.

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 the consensus estimate of $0.19 by $0.03. The firm had revenue of $369.30 million for the quarter, compared to the consensus estimate of $365.25 million. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The company’s revenue for the quarter was up 36.4% on a year-over-year basis. During the same quarter last year, the business posted $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Research analysts predict that Viavi Solutions Inc. will post 0.26 earnings per share for the current fiscal year.

Insider Transactions at Viavi Solutions

In other Viavi Solutions news, CEO Oleg Khaykin sold 42,767 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $27.50, for a total transaction of $1,176,092.50. Following the completion of the transaction, the chief executive officer owned 1,592,854 shares of the company’s stock, valued at $43,803,485. This represents a 2.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Gary W. Staley sold 24,237 shares of the firm’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 transaction, 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. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 485,772 shares of company stock worth $12,736,803. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on VIAV. Weiss Ratings reissued a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. Stifel Nicolaus raised their price target on Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Needham & Company LLC lifted their price objective on Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Rosenblatt Securities set a $27.00 price objective on Viavi Solutions in a research report on Thursday, January 29th. Finally, Susquehanna increased their target price on Viavi Solutions from $18.00 to $25.00 and gave the stock a “positive” rating in a research note on Thursday, January 29th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.13.

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.