SG Americas Securities LLC Sells 23,794 Shares of Viavi Solutions Inc. $VIAV

SG Americas Securities LLC cut its stake in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 33.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,943 shares of the communications equipment provider’s stock after selling 23,794 shares during the quarter. SG Americas Securities LLC’s holdings in Viavi Solutions were worth $837,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Covestor Ltd boosted its stake in Viavi Solutions by 22.9% during the third 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. Lido Advisors LLC boosted its stake in Viavi Solutions by 3.0% during the third quarter. Lido Advisors LLC now owns 24,082 shares of the communications equipment provider’s stock worth $306,000 after acquiring an additional 697 shares in the last quarter. GAMMA Investing LLC boosted its stake in 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 acquiring an additional 825 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in Viavi Solutions by 32.0% during the third 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 in the last quarter. Finally, Amalgamated Bank boosted its stake in Viavi Solutions by 1.8% during the third quarter. Amalgamated Bank now owns 64,746 shares of the communications equipment provider’s stock worth $822,000 after acquiring an additional 1,165 shares in the last quarter. 95.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on VIAV shares. Needham & Company LLC increased their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. B. Riley Financial raised their price objective on shares of 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 raised their price objective on shares of Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Stifel Nicolaus raised their price objective on shares of Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Susquehanna raised their price objective on shares of Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a research note on Thursday, January 29th. Six research analysts have rated the stock with a Buy rating, two have given 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 a consensus target price of $25.00.

Viavi Solutions Stock Down 2.2%

Viavi Solutions stock opened at $41.79 on Friday. Viavi Solutions Inc. has a 1-year low of $8.10 and a 1-year high of $43.64. The firm has a market capitalization of $9.67 billion, a price-to-earnings ratio of -232.15 and a beta of 0.85. The firm’s fifty day moving average price is $31.23 and its two-hundred day moving average price is $21.73. 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 (NASDAQ:VIAV) last released its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. The firm had revenue of $369.30 million for the quarter, compared to analyst estimates of $365.25 million. During the same period last year, the firm earned $0.13 earnings per share. The business’s quarterly revenue was up 36.4% compared to the same quarter last year. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, equities research analysts predict that Viavi Solutions Inc. will post 0.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Kevin Christopher Siebert sold 7,264 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $34.78, for a total value of $252,641.92. Following the completion of the sale, the senior vice president owned 28,384 shares in the company, valued at $987,195.52. This represents a 20.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard Belluzzo sold 15,775 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $26.85, for a total transaction of $423,558.75. Following the completion of the sale, the director owned 211,850 shares of the company’s stock, valued at approximately $5,688,172.50. This represents a 6.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 485,772 shares of company stock valued at $12,736,803 over the last 90 days. 1.80% of the stock is currently owned by company insiders.

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.