Decker Retirement Planning Inc. Takes Position in Viavi Solutions Inc. $VIAV

Decker Retirement Planning Inc. bought a new position in Viavi Solutions Inc. (NASDAQ:VIAVFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 112,424 shares of the communications equipment provider’s stock, valued at approximately $3,741,000. Viavi Solutions comprises 1.7% of Decker Retirement Planning Inc.’s portfolio, making the stock its 19th biggest position.

A number of other large investors have also recently made changes to their positions in VIAV. Louisiana State Employees Retirement System purchased a new position in shares of Viavi Solutions during the 1st quarter worth about $3,415,000. Fifth Third Wealth Advisors LLC purchased a new stake in Viavi Solutions in the 1st quarter worth about $234,000. SG Americas Securities LLC raised its position in Viavi Solutions by 133.8% in the 1st quarter. SG Americas Securities LLC now owns 109,753 shares of the communications equipment provider’s stock worth $3,653,000 after purchasing an additional 62,810 shares during the period. Hsbc Holdings PLC bought a new stake in Viavi Solutions in the fourth quarter worth about $218,000. Finally, Corient Private Wealth LLC lifted its stake in Viavi Solutions by 3.6% in the fourth quarter. Corient Private Wealth LLC now owns 11,400 shares of the communications equipment provider’s stock worth $204,000 after purchasing an additional 394 shares during the last quarter. 95.54% of the stock is owned by hedge funds and other institutional investors.

Viavi Solutions Price Performance

Shares of VIAV stock opened at $50.44 on Friday. Viavi Solutions Inc. has a twelve month low of $9.61 and a twelve month high of $60.43. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99. The stock has a fifty day simple moving average of $49.23 and a two-hundred day simple moving average of $34.19. The stock has a market capitalization of $11.80 billion, a price-to-earnings ratio of -210.16 and a beta of 1.18.

Viavi Solutions (NASDAQ:VIAVGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The firm had revenue of $406.80 million during the quarter, compared to the consensus estimate of $393.80 million. During the same period in the previous year, the company posted $0.15 earnings per share. The firm’s quarterly revenue was up 42.8% on a year-over-year basis. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. On average, analysts predict that Viavi Solutions Inc. will post 0.73 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on VIAV. Susquehanna upped their target price on Viavi Solutions from $25.00 to $65.00 and gave the company a “positive” rating in a research note on Thursday, April 30th. B. Riley Financial raised their price target on Viavi Solutions from $26.00 to $53.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Wall Street Zen raised Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Needham & Company LLC boosted 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. Finally, UBS Group upped their price objective on Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Viavi Solutions has an average rating of “Moderate Buy” and a consensus price target of $42.75.

View Our Latest Stock Analysis on VIAV

Insider Buying and Selling at Viavi Solutions

In other news, SVP Luke M. Scrivanich sold 10,693 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $53.00, for a total value of $566,729.00. Following the completion of the sale, the senior vice president owned 39,287 shares in the company, valued at approximately $2,082,211. The trade was a 21.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Kevin Christopher Siebert sold 8,255 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $54.02, for a total transaction of $445,935.10. Following the completion of the sale, the senior vice president directly owned 20,129 shares of the company’s stock, valued at $1,087,368.58. The trade was a 29.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 450,369 shares of company stock worth $23,789,119. 1.80% of the stock is currently owned by company insiders.

Viavi Solutions Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Viavi Solutions (NASDAQ:VIAV)

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