67,926 Viavi Solutions Inc. $VIAV Shares Purchased by Inspire Investing LLC

Key Points

• Inspire Investing increased its Viavi Solutions stake by 128.9%, purchasing 67,926 additional shares to bring its holdings to 120,628 shares valued at approximately $5.06 million. Institutional investors collectively own 95.54% of VIAV.
• Viavi reported quarterly EPS of $0.34, exceeding the $0.30 consensus estimate, while revenue rose 52.5% year over year to $443.1 million. The company issued Q1 2027 EPS guidance of $0.40–$0.42.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $55.43, although several firms recently reduced their targets. Meanwhile, insiders sold 199,694 shares worth about $7.98 million over the past three months.

Inspire Investing LLC raised its position in Viavi Solutions Inc. (NASDAQ:VIAV - Free Report) by 128.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 120,628 shares of the communications equipment provider's stock after purchasing an additional 67,926 shares during the quarter. Inspire Investing LLC's holdings in Viavi Solutions were worth $5,057,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VIAV. GTS Securities LLC grew its position in shares of Viavi Solutions by 4.5% during the 2nd quarter. GTS Securities LLC now owns 6,511 shares of the communications equipment provider's stock worth $311,000 after buying an additional 283 shares in the last quarter. WPG Advisers LLC grew its position in shares of Viavi Solutions by 96.2% in the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider's stock worth $26,000 after buying an additional 380 shares during the last quarter. Carolina Wealth Advisors LLC increased its position in shares of Viavi Solutions by 83.2% during the second 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 in the last quarter. GAMMA Investing LLC increased its position in Viavi Solutions by 10.0% during the 3rd quarter. GAMMA Investing LLC now owns 6,706 shares of the communications equipment provider's stock valued at $281,000 after buying an additional 611 shares in the last quarter. Finally, Fortitude Family Office LLC increased its holdings in shares of Viavi Solutions by 413.3% during the third quarter. Fortitude Family Office LLC now owns 811 shares of the communications equipment provider's stock valued at $34,000 after acquiring an additional 653 shares in the last quarter. 95.54% of the stock is currently owned by institutional investors.

Viavi Solutions Price Performance

Shares of VIAV stock opened at $30.44 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.62. The firm's 50-day moving average is $38.39 and its two-hundred day moving average is $42.86. Viavi Solutions Inc. has a 12 month low of $13.43 and a 12 month high of $60.43. The company has a market capitalization of $7.49 billion, a PE ratio of -202.92 and a beta of 1.21.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.04. The business had revenue of $443.10 million during the quarter, compared to analysts' expectations of $432.62 million. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. The business's revenue for the quarter was up 52.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.13 EPS. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. Analysts predict that Viavi Solutions Inc. will post 1.42 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on VIAV shares. Needham & Company LLC decreased their target price on shares of Viavi Solutions from $68.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, August 6th. Rosenblatt Securities reissued a "buy" rating and issued a $70.00 price target on shares of Viavi Solutions in a research note on Wednesday, September 23rd. UBS Group cut their price objective on Viavi Solutions from $60.00 to $44.00 and set a "neutral" rating for the company in a research note on Thursday, August 6th. B. Riley Financial dropped their target price on shares of Viavi Solutions from $63.00 to $60.00 and set a "buy" rating for the company in a report on Thursday, August 6th. Finally, Wall Street Zen cut Viavi Solutions from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 29th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $55.43.

Insider Buying and Selling at Viavi Solutions

In related news, EVP Ilan Daskal sold 56,290 shares of Viavi Solutions stock in a transaction on Monday, August 31st. The stock was sold at an average price of $36.29, for a total value of $2,042,764.10. Following the completion of the transaction, the executive vice president directly owned 10,132 shares in the company, valued at approximately $367,690.28. This trade represents a 84.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Luke M. Scrivanich sold 35,866 shares of the business's stock in a transaction on Wednesday, September 23rd. The stock was sold at an average price of $36.24, for a total value of $1,299,783.84. Following the transaction, the senior vice president directly owned 39,598 shares of the company's stock, valued at $1,435,031.52. The trade was a 47.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 199,694 shares of company stock worth $7,976,233. 1.20% of the stock is currently owned by insiders.

Viavi Solutions Company Profile

Viavi Solutions Inc NASDAQ: VIAV develops equipment, software and services used to test, monitor and secure communications networks. Its solutions support network operators, equipment manufacturers, government agencies and other organizations involved in the design, deployment and operation of wired and wireless networks.

The company's products include fiber-optic and broadband test instruments, network performance and service-assurance software, optical spectrum analyzers, monitoring systems and tools for testing 5G and other advanced communications technologies.

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