Royal Bank of Canada trimmed its stake in Viavi Solutions Inc. (NASDAQ:VIAV – Free Report) by 11.8% in the first quarter, Holdings Channel.com reports. The firm owned 108,562 shares of the communications equipment provider’s stock after selling 14,483 shares during the quarter. Royal Bank of Canada’s holdings in Viavi Solutions were worth $3,613,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the stock. Empowered Funds LLC grew its position in Viavi Solutions by 3,233.8% during the first quarter. Empowered Funds LLC now owns 235,334 shares of the communications equipment provider’s stock valued at $7,832,000 after purchasing an additional 228,275 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Viavi Solutions by 21.5% in the 1st quarter. The Manufacturers Life Insurance Company now owns 118,904 shares of the communications equipment provider’s stock worth $3,957,000 after buying an additional 21,059 shares in the last quarter. Infrastructure Capital Advisors LLC purchased a new stake in Viavi Solutions in the 1st quarter worth approximately $278,000. Quantinno Capital Management LP boosted its stake in shares of Viavi Solutions by 18.5% during the 1st quarter. Quantinno Capital Management LP now owns 21,419 shares of the communications equipment provider’s stock valued at $713,000 after buying an additional 3,342 shares during the period. Finally, SummitTX Capital L.P. boosted its stake in shares of Viavi Solutions by 604.0% during the 1st quarter. SummitTX Capital L.P. now owns 202,962 shares of the communications equipment provider’s stock valued at $6,755,000 after buying an additional 174,131 shares during the period. 95.54% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
VIAV has been the topic of several research analyst reports. Needham & Company LLC lowered their price target on shares of Viavi Solutions from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Rosenblatt Securities reiterated a “buy” rating and set a $70.00 price objective on shares of Viavi Solutions in a report on Thursday, August 6th. Susquehanna lifted their price objective on Viavi Solutions from $65.00 to $66.00 and gave the company a “positive” rating in a research report on Wednesday, July 1st. Wall Street Zen upgraded Viavi Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Weiss Ratings lowered Viavi Solutions from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $49.88.
Viavi Solutions News Summary
Here are the key news stories impacting Viavi Solutions this week:
- Positive Sentiment: Analyst estimates raised materially: Northland Securities increased its FY2027 EPS forecast to $1.45 from $1.07, while raising estimates for Q1, Q2, Q3 and Q4 2027. The revised quarterly forecasts range from $0.34 to $0.38 per share, signaling expectations for improving profitability. Northland Securities earnings estimates
- Positive Sentiment: AI infrastructure tailwinds: Viavi is benefiting from data-center expansion and demand for network testing, while new testing capabilities and margin expansion are supporting faster growth. Viavi Solutions Gains From AI Infrastructure Demand as Margins Expand
- Positive Sentiment: Product launch expands addressable opportunities: Viavi introduced the Vertex 6.0 channel emulator for 6G and Wi-Fi 7/8 testing, strengthening its positioning in next-generation wireless development and validation. VIAVI Introduces Vertex 6.0 Channel Emulator
- Positive Sentiment: Price-target optimism: The average Wall Street price target implies 38.8% potential upside. However, the article notes that price targets are an imperfect indicator; improving earnings-estimate revisions provide the more meaningful bullish signal. Viavi Solutions Analyst Price Target Potential
- Neutral Sentiment: Key question is margin durability: Recent commentary focuses on whether Viavi can sustain its improving margin profile as growth accelerates, making future earnings quality an important catalyst. Viavi Solutions Q4 Margin Review
- Negative Sentiment: Valuation and execution risks remain: Viavi’s premium valuation and weak quantitative signals could limit additional upside. A recent pullback also reflects concerns about weak wireless demand and potential dilution despite strong revenue, earnings and margin trends. Viavi Solutions Premium Valuation Analysis
Insider Buying and Selling
In other Viavi Solutions news, EVP Paul Mcnab sold 1,595 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $37.37, for a total transaction of $59,605.15. Following the transaction, the executive vice president directly owned 13,876 shares of the company’s stock, valued at $518,546.12. This represents a 10.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.80% of the stock is owned by insiders.
Viavi Solutions Stock Performance
VIAV stock opened at $43.54 on Friday. The firm has a 50 day moving average of $43.23 and a two-hundred day moving average of $39.74. Viavi Solutions Inc. has a 12 month low of $10.44 and a 12 month high of $60.43. The company has a market capitalization of $10.18 billion, a price-to-earnings ratio of -290.25 and a beta of 1.21. The company has a quick ratio of 1.62, a current ratio of 1.85 and a debt-to-equity ratio of 0.27.
Viavi Solutions (NASDAQ:VIAV – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. The business had revenue of $443.10 million for the quarter, compared to the consensus estimate of $432.62 million. During the same quarter last year, the firm earned $0.13 EPS. Viavi Solutions’s revenue for the quarter was up 52.5% on a year-over-year basis. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. As a group, equities analysts anticipate that Viavi Solutions Inc. will post 1.32 EPS for the current fiscal year.
Viavi Solutions Company Profile
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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