Aberdeen Group plc Increases Stake in Viavi Solutions Inc. $VIAV

Aberdeen Group plc lifted its position in Viavi Solutions Inc. (NASDAQ:VIAV) by 0.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,598,687 shares of the communications equipment provider’s stock after acquiring an additional 13,936 shares during the quarter. Aberdeen Group plc owned 0.72% of Viavi Solutions worth $28,489,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of Viavi Solutions by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after acquiring an additional 825 shares during the last quarter. Johnson Financial Group Inc. bought a new position in shares of Viavi Solutions in the third quarter worth about $44,000. Covestor Ltd increased its stake in Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after buying an additional 676 shares during the period. Nisa Investment Advisors LLC lifted its holdings 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 valued at $47,000 after buying an additional 898 shares in the last quarter. Finally, Swiss Life Asset Management Ltd purchased a new stake in Viavi Solutions in the 3rd quarter valued at about $133,000. 95.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

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 directly owned 1,849,437 shares in the company, valued at $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 available at this link. Also, SVP Gary W. Staley sold 24,237 shares of Viavi Solutions stock in a transaction 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 sale, the senior vice president owned 136,267 shares of the company’s stock, valued at $3,260,869.31. The trade was a 15.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 485,772 shares of company stock worth $12,736,803 over the last ninety days. 1.80% of the stock is currently owned by corporate insiders.

Viavi Solutions Price Performance

VIAV opened at $36.89 on Monday. The firm has a market capitalization of $8.54 billion, a PE ratio of -204.93 and a beta of 0.85. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. The business’s 50-day moving average is $29.44 and its two-hundred day moving average is $20.88. Viavi Solutions Inc. has a 1 year low of $8.10 and a 1 year high of $38.08.

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VIAV. Weiss Ratings reissued a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. Susquehanna increased their price target on Viavi Solutions from $18.00 to $25.00 and gave the stock a “positive” 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. B. Riley Financial increased 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. Finally, Wall Street Zen downgraded shares of Viavi Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $25.00.

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.