Doug Gilstrap Sells 10,000 Shares of Viavi Solutions (NASDAQ:VIAV) Stock

Key Points

• Doug Gilstrap, a Viavi director, sold 10,000 shares on May 5 at an average price of $55 (≈$550,000), leaving him with 55,766 shares and a reported 15.21% reduction in his ownership (SEC Form 4 filed).
• Viavi beat Q1 estimates with EPS of $0.27 (vs. $0.24) and revenue of $406.8M (+42.8% YoY), set Q4 FY2026 guidance of $0.290–0.310 EPS, and prompted several analyst price-target upgrades (Susquehanna to $65; consensus rating: "Moderate Buy", target $39.25).
• The company launched the CyberFlood CF1000 to target AI/data‑center testing demand, institutional ownership is very high (~95.5%) after large buys by firms like Arrowstreet and Invesco, though some analysts caution that AI-driven hype may outpace sustainable profitability.

Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) Director Doug Gilstrap sold 10,000 shares of Viavi Solutions stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $55.00, for a total transaction of $550,000.00. Following the transaction, the director directly owned 55,766 shares of the company's stock, valued at approximately $3,067,130. This represents a 15.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Viavi Solutions Stock Down 2.0%

Shares of NASDAQ:VIAV traded down $1.08 during trading hours on Wednesday, hitting $52.90. The company's stock had a trading volume of 4,427,319 shares, compared to its average volume of 5,882,770. Viavi Solutions Inc. has a 52 week low of $8.87 and a 52 week high of $60.43. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39. The company has a market capitalization of $12.37 billion, a price-to-earnings ratio of -220.39 and a beta of 1.22. The firm's fifty day moving average price is $36.81 and its 200 day moving average price is $25.27.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The business had revenue of $406.80 million during the quarter, compared to analyst estimates of $393.80 million. During the same quarter in the previous year, the business posted $0.15 EPS. The company's quarterly revenue was up 42.8% compared to the same quarter last year. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. As a group, research analysts expect that Viavi Solutions Inc. will post 0.71 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently commented on VIAV. Susquehanna boosted their price objective on shares of Viavi Solutions from $25.00 to $65.00 and gave the stock a "positive" rating in a research note on Thursday, April 30th. Wall Street Zen raised shares of Viavi Solutions from a "hold" rating to a "buy" rating in a research report on Saturday. B. Riley Financial boosted their target price on shares of Viavi Solutions from $26.00 to $53.00 and gave the stock a "buy" rating in a research report on Friday, April 24th. Stifel Nicolaus boosted their target price on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Finally, Needham & Company LLC boosted their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a "buy" rating in a research report on Monday, March 2nd. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $39.25.

Key Stories Impacting Viavi Solutions

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

• Positive Sentiment: VIAVI launched the CyberFlood CF1000, a native 400G security and application-performance test appliance aimed at validating multi‑terabit and AI data-center infrastructure — a clear product bet on AI/data-center demand. VIAVI Launches CyberFlood CF1000 Appliance
• Positive Sentiment: Coverage highlights Viavi’s new test platform that adds security/validation capabilities specifically for inference and AI data centers — reinforcing TAM expansion and cross‑sell into modern DCs. Viavi test platform brings security to inference and AI data centers
• Positive Sentiment: Northland raised its FY2026 EPS estimate for Viavi to $0.75 (from $0.65), nudging consensus higher and supporting the view that profitability is improving. Northland Securities lifts FY2026 EPS estimate
• Positive Sentiment: Recent analyst writeups and earnings commentary emphasize strong Q1 revenue beat, improving adjusted margins and AI-driven demand — factors cited as why the stock had recently rallied. Why Viavi Solutions (VIAV) Stock Is Up Today
• Neutral Sentiment: Roundup of five analyst questions from Viavi’s Q1 call provides detail on demand drivers, margin cadence and channel dynamics — useful for modeling but not market-moving by itself. 5 must-read analyst questions from Viavi Solutions’s Q1 earnings call
• Neutral Sentiment: Analyst insight piece comparing Viavi with peers offers context on positioning across network test and security markets; helps investors benchmark risk/reward but is descriptive. Analysts Offer Insights on Technology Companies
• Negative Sentiment: A Seeking Alpha piece warns that Viavi’s AI/data-center hype may be outpacing sustainable profitability — flags GAAP earnings weakness, cyclical NSE exposure and the risk of overstretched multiples. Too Much Data Center Hype, Not Enough Growth In Profitability
• Negative Sentiment: An SVP sold 8,255 shares (~$445k) in early May, a disclosed insider sale that can create short‑term negative sentiment even if not necessarily signaling lack of conviction. Insider sale filing (Form 4)

Institutional Trading of Viavi Solutions

Several large investors have recently made changes to their positions in VIAV. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Viavi Solutions by 431.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider's stock valued at $84,258,000 after acquiring an additional 5,389,435 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of Viavi Solutions in the 1st quarter valued at $75,294,000. Invesco Ltd. boosted its holdings in shares of Viavi Solutions by 116.0% in the 4th quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider's stock valued at $67,886,000 after acquiring an additional 2,045,702 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of Viavi Solutions by 1,011.9% in the 4th quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider's stock valued at $38,983,000 after acquiring an additional 1,990,848 shares during the last quarter. Finally, Bowen Hanes & Co. Inc. purchased a new stake in shares of Viavi Solutions in the 4th quarter valued at $33,323,000. 95.54% of the stock is owned by hedge funds and other institutional investors.

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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