Viavi Solutions (NASDAQ:VIAV) CEO Oleg Khaykin Sells 74,315 Shares of Stock

Viavi Solutions Inc. (NASDAQ:VIAV) CEO Oleg Khaykin sold 74,315 shares of Viavi Solutions stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $26.48, for a total value of $1,967,861.20. Following the completion of the transaction, the chief executive officer owned 1,849,437 shares of the company’s stock, valued at approximately $48,973,091.76. The trade was a 3.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Oleg Khaykin also recently made the following trade(s):

• 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 Tuesday, December 2nd, Oleg Khaykin sold 68,810 shares of Viavi Solutions stock. The shares were 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 Price Performance

Shares of NASDAQ:VIAV opened at $25.32 on Friday. The company has a market cap of $5.86 billion, a PE ratio of -140.66 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 $26.84. The firm has a 50-day simple moving average of $19.16 and a 200 day simple moving average of $15.11. 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 (NASDAQ:VIAV) last announced its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $365.25 million. During the same quarter last year, the business posted $0.13 EPS. The business’s revenue was up 36.4% on a year-over-year basis. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, sell-side analysts anticipate that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in Viavi Solutions by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after acquiring an additional 825 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Viavi Solutions during the 3rd quarter worth $44,000. Covestor Ltd boosted its stake in shares of Viavi Solutions by 22.9% during the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after acquiring an additional 676 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after acquiring an additional 898 shares during the last quarter. Finally, Vise Technologies Inc. acquired a new stake in shares of Viavi Solutions during the second quarter worth $128,000. 95.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Rosenblatt Securities set a $27.00 price objective on Viavi Solutions in a research report on Thursday, January 29th. Stifel Nicolaus boosted 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. Susquehanna raised their price target on Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a report on Thursday, January 29th. Weiss Ratings restated a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. Finally, Wall Street Zen downgraded shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.