Intech Investment Management LLC Cuts Stock Position in Viavi Solutions Inc. $VIAV

Intech Investment Management LLC trimmed its position in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 12.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 120,157 shares of the communications equipment provider’s stock after selling 16,536 shares during the quarter. Intech Investment Management LLC owned about 0.05% of Viavi Solutions worth $1,210,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VIAV. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Viavi Solutions during the 1st quarter worth approximately $762,000. Mackenzie Financial Corp grew its holdings in Viavi Solutions by 51.8% in the first quarter. Mackenzie Financial Corp now owns 90,318 shares of the communications equipment provider’s stock worth $1,011,000 after purchasing an additional 30,826 shares during the last quarter. XTX Topco Ltd grew its holdings in Viavi Solutions by 232.4% in the first quarter. XTX Topco Ltd now owns 52,158 shares of the communications equipment provider’s stock worth $584,000 after purchasing an additional 36,468 shares during the last quarter. Natixis Advisors LLC increased its position in shares of Viavi Solutions by 25.6% during the first quarter. Natixis Advisors LLC now owns 100,826 shares of the communications equipment provider’s stock worth $1,128,000 after purchasing an additional 20,580 shares in the last quarter. Finally, Delta Financial Group Inc. purchased a new stake in shares of Viavi Solutions during the 1st quarter valued at $141,000. 95.54% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Kevin Christopher Siebert sold 11,148 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $17.29, for a total value of $192,748.92. Following the sale, the senior vice president owned 73,450 shares in the company, valued at $1,269,950.50. This represents a 13.18% 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, EVP Paul Mcnab sold 12,617 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $17.41, for a total transaction of $219,661.97. Following the transaction, the executive vice president directly owned 28,044 shares of the company’s stock, valued at approximately $488,246.04. This trade represents a 31.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 322,719 shares of company stock worth $5,263,292. Company insiders own 1.80% of the company’s stock.

Viavi Solutions Stock Up 3.7%

Shares of VIAV stock opened at $16.55 on Tuesday. The stock’s 50-day simple moving average is $14.36 and its 200-day simple moving average is $11.66. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.30 and a current ratio of 1.50. The firm has a market capitalization of $3.69 billion, a PE ratio of 236.43 and a beta of 0.96. Viavi Solutions Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $18.46.

Viavi Solutions (NASDAQ:VIAV) last released its earnings results on Wednesday, October 29th. The communications equipment provider reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. The firm had revenue of $299.10 million during the quarter, compared to the consensus estimate of $294.35 million. Viavi Solutions had a return on equity of 10.68% and a net margin of 1.33%.The company’s revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 earnings per share. Viavi Solutions has set its Q2 2026 guidance at 0.180-0.200 EPS. Equities analysts expect that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on VIAV. Weiss Ratings restated a “sell (d)” rating on shares of Viavi Solutions in a research note on Wednesday, November 19th. Stifel Nicolaus reissued a “buy” rating and issued a $15.00 price target (up previously from $13.00) on shares of Viavi Solutions in a report on Monday, October 13th. Rosenblatt Securities upped their price objective on shares of Viavi Solutions from $15.00 to $19.00 and gave the company a “buy” rating in a report on Thursday, October 30th. UBS Group increased their price objective on shares of Viavi Solutions from $12.00 to $17.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Finally, Morgan Stanley upgraded shares of Viavi Solutions from an “underweight” rating to an “equal weight” rating and set a $11.00 target price for the company in a research note on Tuesday, September 2nd. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.89.

Viavi Solutions Profile

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.