Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Viavi Solutions Inc. (NASDAQ:VIAV)

Key Points

• Rep. Gilbert Ray Cisneros Jr. sold between $1,001 and $15,000 of Viavi Solutions shares on July 21, according to a congressional disclosure. He also reported several other stock purchases and sales in late July.
• Viavi reported quarterly EPS of $0.34, beating the $0.30 consensus estimate, while revenue rose 52.5% year over year to $443.1 million. The company issued first-quarter fiscal 2027 EPS guidance of $0.40–$0.42.
• Analyst sentiment remains generally positive, with a “Moderate Buy” consensus rating and an average price target of $55.43; however, company insiders have sold 152,796 shares worth approximately $6.25 million over the past 90 days.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Viavi Solutions Inc. (NASDAQ:VIAV). In a filing disclosed on September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in Viavi Solutions stock on July 21st. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Mesabi Trust NYSE: MSB on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of Praxis Precision Medicines NASDAQ: PRAX on 7/30/2026.
• Purchased $15,001 - $50,000 in shares of Alkermes NASDAQ: ALKS on 7/30/2026.
• Sold $15,001 - $50,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 7/30/2026.
• Sold $100,001 - $250,000 in shares of Alibaba Group NYSE: BABA on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 7/24/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Glacier Bancorp NYSE: GBCI on 7/21/2026.
• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Marvell Technology NASDAQ: MRVL on 7/17/2026.

Viavi Solutions Stock Performance

NASDAQ:VIAV opened at $34.86 on Tuesday. The firm's fifty day simple moving average is $39.44 and its 200-day simple moving average is $41.25. The company has a quick ratio of 1.62, a current ratio of 1.85 and a debt-to-equity ratio of 0.27. The stock has a market cap of $8.60 billion, a PE ratio of -232.38 and a beta of 1.22. Viavi Solutions Inc. has a fifty-two week low of $11.53 and a fifty-two week high of $60.43.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.34 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $443.10 million during the quarter, compared to analysts' expectations of $432.62 million. During the same quarter last year, the business earned $0.13 earnings per share. The business's revenue for the quarter was up 52.5% compared to the same quarter last year. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. Analysts expect that Viavi Solutions Inc. will post 1.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently weighed in on VIAV. Rosenblatt Securities reaffirmed a "buy" rating and issued a $70.00 price objective on shares of Viavi Solutions in a research note on Wednesday, August 19th. Zacks Research raised Viavi Solutions from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 13th. Weiss Ratings upgraded shares of Viavi Solutions from a "sell (d)" rating to a "sell (d+)" rating in a report on Tuesday, August 25th. Wall Street Zen downgraded shares of Viavi Solutions from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 29th. Finally, B. Riley Financial cut their price objective on shares of Viavi Solutions from $63.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Viavi Solutions currently has an average rating of "Moderate Buy" and a consensus price target of $55.43.

Insider Buying and Selling

In other news, SVP Luke M. Scrivanich sold 23,911 shares of the business's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $36.37, for a total transaction of $869,643.07. Following the transaction, the senior vice president directly owned 39,598 shares of the company's stock, valued at approximately $1,440,179.26. The trade was a 37.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ilan Daskal sold 56,290 shares of the business's stock in a transaction on 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 completion of the transaction, the executive vice president owned 10,132 shares in the company, valued at $367,690.28. This represents a 84.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 152,796 shares of company stock valued at $6,246,532 in the last 90 days. 1.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VIAV. BlackRock Inc. purchased a new stake in shares of Viavi Solutions during the 2nd quarter worth about $1,228,529,000. California State Teachers Retirement System lifted its position in Viavi Solutions by 4,790.6% during the second quarter. California State Teachers Retirement System now owns 12,773,316 shares of the communications equipment provider's stock valued at $609,926,000 after buying an additional 12,512,136 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Viavi Solutions by 431.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider's stock worth $84,258,000 after acquiring an additional 5,389,435 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Viavi Solutions in the 2nd quarter valued at $134,922,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of Viavi Solutions in the 1st quarter valued at $75,294,000. Institutional investors and hedge funds own 95.54% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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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