Capital World Investors Grows Holdings in Viavi Solutions Inc. $VIAV

Key Points

• Capital World Investors increased its stake in Viavi Solutions by 3.5% in Q3, buying 500,000 shares to own 14,955,454 shares (about 6.70%) valued at roughly $189.8 million.
• Company insiders have been net sellers — CEO Oleg Khaykin and SVP Gary Staley sold large blocks, and insiders sold a total of 485,772 shares worth about $12.7 million in the past 90 days; insider ownership is now 1.8%.
• Wall Street’s consensus is a Moderate Buy (6 Buys, 2 Holds, 1 Sell) with an average price target of $23.13, and Viavi recently beat quarterly EPS and revenue estimates with revenue up 36.4% year‑over‑year.

Capital World Investors grew its stake in shares of Viavi Solutions Inc. (NASDAQ:VIAV - Free Report) by 3.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,955,454 shares of the communications equipment provider's stock after purchasing an additional 500,000 shares during the quarter. Capital World Investors owned approximately 6.70% of Viavi Solutions worth $189,785,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VIAV. Covestor Ltd increased its stake in Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider's stock worth $46,000 after buying an additional 676 shares during the period. GAMMA Investing LLC boosted its position in Viavi Solutions by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider's stock valued at $42,000 after buying an additional 825 shares during the period. Nisa Investment Advisors LLC grew its stake in Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider's stock worth $47,000 after acquiring an additional 898 shares in the last quarter. Amalgamated Bank grew its stake in Viavi Solutions by 1.8% in the 3rd quarter. Amalgamated Bank now owns 64,746 shares of the communications equipment provider's stock worth $822,000 after acquiring an additional 1,165 shares in the last quarter. Finally, White Pine Capital LLC increased its position in shares of Viavi Solutions by 1.6% during the second quarter. White Pine Capital LLC now owns 76,929 shares of the communications equipment provider's stock worth $775,000 after acquiring an additional 1,215 shares during the period. 95.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on VIAV. Wall Street Zen lowered Viavi Solutions from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. Rosenblatt Securities set a $27.00 price objective on Viavi Solutions in a report on Thursday, January 29th. Stifel Nicolaus lifted their target price on Viavi Solutions from $20.00 to $24.00 and gave the company a "buy" rating in a research report on Thursday, January 29th. B. Riley Financial upped their target price on Viavi Solutions from $18.00 to $22.00 and gave the stock a "buy" rating in a report on Monday, January 26th. Finally, Needham & Company LLC increased their price target on Viavi Solutions from $28.00 to $36.00 and gave the stock a "buy" rating in a research report on Monday, March 2nd. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Viavi Solutions has a consensus rating of "Moderate Buy" and an average price target of $23.13.

Insider Activity

In other news, SVP Gary W. Staley sold 24,237 shares of the company's stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $23.93, for a total transaction of $579,991.41. Following the transaction, the senior vice president owned 136,267 shares in the company, valued at $3,260,869.31. This represents a 15.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Oleg Khaykin sold 74,315 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $26.48, for a total transaction of $1,967,861.20. Following the completion of the transaction, the chief executive officer directly owned 1,849,437 shares of the company's stock, valued at $48,973,091.76. The trade was a 3.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 485,772 shares of company stock worth $12,736,803 over the last ninety days. 1.80% of the stock is currently owned by corporate insiders.

Viavi Solutions Stock Performance

Shares of Viavi Solutions stock opened at $30.09 on Thursday. The company has a market capitalization of $6.96 billion, a PE ratio of -167.16 and a beta of 0.92. The company has a 50-day simple moving average of $24.27 and a two-hundred day simple moving average of $18.21. Viavi Solutions Inc. has a one year low of $8.10 and a one year high of $35.61. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.32 and a current ratio of 2.61.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The firm had revenue of $369.30 million during the quarter, compared to analyst estimates of $365.25 million. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. Viavi Solutions's revenue was up 36.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Research analysts expect that Viavi Solutions Inc. will post 0.26 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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