93,330 Viavi Solutions Inc. $VIAV Shares Purchased by Kornitzer Capital Management Inc. KS

Posted by Francis Steltz on Nov 8th, 2026

Kornitzer Capital Management Inc. KS lifted its holdings in Viavi Solutions Inc. (NASDAQ:VIAV – Free Report) by 43.7% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 307,010 shares of the communications equipment provider’s stock after acquiring an additional 93,330 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Viavi Solutions were worth $12,870,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Silvant Capital Management LLC purchased a new stake in shares of Viavi Solutions in the 2nd quarter valued at $33,000. Fortitude Family Office LLC raised its position in Viavi Solutions by 413.3% in the 3rd quarter. Fortitude Family Office LLC now owns 811 shares of the communications equipment provider’s stock worth $34,000 after purchasing an additional 653 shares during the period. Persistent Asset Partners Ltd purchased a new position in Viavi Solutions in the 2nd quarter worth $38,000. Carolina Wealth Advisors LLC raised its position in Viavi Solutions by 83.2% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 852 shares of the communications equipment provider’s stock worth $41,000 after purchasing an additional 387 shares during the period. Finally, Cedar Mountain Advisors LLC bought a new stake in Viavi Solutions in the first quarter worth $50,000. 95.54% of the stock is currently owned by institutional investors.

Viavi Solutions Trading Up 8.3%

NASDAQ:VIAV opened at $28.47 on Friday. The company has a fifty day moving average of $36.67 and a 200 day moving average of $38.64. Viavi Solutions Inc. has a 52 week low of $15.51 and a 52 week high of $60.43. The company has a quick ratio of 1.62, a current ratio of 1.65 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $7.00 billion, a P/E ratio of 118.63 and a beta of 1.31.

Viavi Solutions (NASDAQ:VIAV – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. Viavi Solutions had a net margin of 3.97% and a return on equity of 25.36%. The business had revenue of $469.30 million for the quarter, compared to analyst estimates of $455.06 million. During the same quarter last year, the firm earned $0.15 EPS. The company’s revenue was up 56.9% on a year-over-year basis. On average, research analysts predict that Viavi Solutions Inc. will post 1.42 earnings per share for the current year.

Insider Activity

In related news, EVP Ilan Daskal sold 56,290 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $36.29, for a total transaction of $2,042,764.10. Following the transaction, the executive vice president owned 10,132 shares in the company, valued at $367,690.28. The trade was a 84.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Paul McNab sold 11,032 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $38.97, for a total value of $429,917.04. Following the transaction, the executive vice president owned 25,639 shares in the company, valued at approximately $999,151.83. This represents a 30.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 199,694 shares of company stock valued at $7,976,233. Company insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Zacks Research lowered shares of Viavi Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Stifel Nicolaus set a $65.00 price objective on Viavi Solutions in a research note on Wednesday, September 23rd. Needham & Company LLC decreased their price objective on Viavi Solutions from $60.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday. Rosenblatt Securities restated a “buy” rating and set a $70.00 target price on shares of Viavi Solutions in a report on Wednesday, September 23rd. Finally, UBS Group dropped their target price on Viavi Solutions from $44.00 to $33.00 and set a “neutral” rating for the company in a report on Thursday. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $57.83.

View Our Latest Research Report on Viavi Solutions

Key Viavi Solutions News

Here are the key news stories impacting Viavi Solutions this week:

Positive Sentiment: Viavi reported adjusted earnings of $0.47 per share, beating estimates of about $0.40–$0.41 and rising from $0.15 a year earlier; revenue also topped expectations. The company cited strength in data-center and aerospace/defense demand, and expects sequential revenue growth through fiscal 2027, with semiconductor testing adding to its opportunities. Article: VIAV Q1 Earnings Beat Estimates on Data Center, A&D Strength
Positive Sentiment: The company announced a $500 million share-buyback plan, which could support per-share earnings and signal confidence in its prospects. Article: Viavi announces a $500 million equity buyback
Neutral Sentiment: Needham cut its price target from $60 to $53 but retained a Buy rating. The lower target is a caution, though the analyst remains constructive. Article: Needham analyst recommendation
Negative Sentiment: UBS lowered its target from $44 to $33 and moved to Neutral. Although the revised target is still above the quoted $28.47 share price, the cut and less favorable rating could weigh on sentiment. Article: UBS analyst recommendation

About Viavi Solutions

(Free Report)

Viavi Solutions Inc develops testing, monitoring and assurance solutions for communications networks. Its products and software help service providers, equipment makers and enterprises build, maintain and troubleshoot fiber-optic, broadband, wireless and other network infrastructure, including technologies used in 5G and data centers.

The company also makes optical technologies and security products, including features used to authenticate banknotes, identity documents and branded goods.