Allianz Asset Management GmbH Has $10.10 Million Stake in Viavi Solutions Inc. $VIAV

Allianz Asset Management GmbH increased its position in Viavi Solutions Inc. (NASDAQ:VIAV) by 25.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,003,076 shares of the communications equipment provider’s stock after acquiring an additional 205,099 shares during the quarter. Allianz Asset Management GmbH’s holdings in Viavi Solutions were worth $10,101,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VIAV. Illinois Municipal Retirement Fund increased its stake in shares of Viavi Solutions by 3.9% in the first quarter. Illinois Municipal Retirement Fund now owns 115,766 shares of the communications equipment provider’s stock valued at $1,295,000 after buying an additional 4,357 shares during the period. KBC Group NV increased its stake in shares of Viavi Solutions by 38.1% in the first quarter. KBC Group NV now owns 12,967 shares of the communications equipment provider’s stock valued at $145,000 after buying an additional 3,579 shares during the period. First Horizon Advisors Inc. increased its stake in shares of Viavi Solutions by 29.1% in the first quarter. First Horizon Advisors Inc. now owns 5,046 shares of the communications equipment provider’s stock valued at $56,000 after buying an additional 1,138 shares during the period. Principal Financial Group Inc. increased its stake in shares of Viavi Solutions by 2.8% in the first quarter. Principal Financial Group Inc. now owns 1,106,034 shares of the communications equipment provider’s stock valued at $12,377,000 after buying an additional 30,359 shares during the period. Finally, Cornerstone Investment Partners LLC acquired a new position in shares of Viavi Solutions in the first quarter valued at approximately $163,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

Insider Transactions at Viavi Solutions

In other news, SVP Kevin Christopher Siebert sold 9,927 shares of the firm’s stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $12.17, for a total transaction of $120,811.59. Following the completion of the sale, the senior vice president owned 84,598 shares of the company’s stock, valued at $1,029,557.66. This trade represents a 10.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Richard Belluzzo sold 8,387 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $12.63, for a total transaction of $105,927.81. Following the sale, the director directly owned 217,154 shares of the company’s stock, valued at approximately $2,742,655.02. This trade represents a 3.72% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 73,789 shares of company stock valued at $857,189 in the last quarter. 1.80% of the stock is currently owned by company insiders.

Viavi Solutions Stock Performance

NASDAQ:VIAV opened at $13.33 on Wednesday. The company has a market capitalization of $2.97 billion, a PE ratio of 83.32 and a beta of 0.90. Viavi Solutions Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $13.45. 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 company has a 50 day simple moving average of $12.00 and a two-hundred day simple moving average of $10.57.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $290.50 million during the quarter, compared to the consensus estimate of $285.19 million. Viavi Solutions had a net margin of 3.21% and a return on equity of 8.02%. The company’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.08 EPS. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. Research analysts anticipate that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on VIAV shares. Susquehanna raised Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 price objective for the company in a research note on Friday, August 8th. Morgan Stanley raised Viavi Solutions from an “underweight” rating to an “equal weight” rating and set a $11.00 price objective for the company in a research note on Tuesday, September 2nd. B. Riley upped their price objective on Viavi Solutions from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Friday, August 8th. Stifel Nicolaus reissued a “buy” rating and set a $15.00 target price (up previously from $13.00) on shares of Viavi Solutions in a research report on Monday, October 13th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Viavi Solutions in a research report on Wednesday, October 8th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $13.72.

Viavi Solutions Company 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.