Dean Capital Management Cuts Position in Viavi Solutions Inc. $VIAV

Key Points

• Dean Capital Management reduced its stake in Viavi Solutions Inc. by 31.6%, owning 151,449 shares after selling 69,996 shares in the first quarter.
• Viavi Solutions reported quarterly earnings of $0.13 per share, exceeding the consensus estimate of $0.12, with revenue rising 15.3% year-over-year to $290.50 million.
• Institutional investors hold approximately 95.54% of Viavi Solutions’ stock, indicating significant backing from large firms, including Vanguard and Victory Capital Management.

Dean Capital Management lessened its stake in Viavi Solutions Inc. (NASDAQ:VIAV - Free Report) by 31.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,449 shares of the communications equipment provider's stock after selling 69,996 shares during the quarter. Dean Capital Management owned 0.07% of Viavi Solutions worth $1,695,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VIAV. Victory Capital Management Inc. increased its holdings in shares of Viavi Solutions by 7,293.1% in the 1st quarter. Victory Capital Management Inc. now owns 3,083,135 shares of the communications equipment provider's stock valued at $34,500,000 after purchasing an additional 3,041,432 shares in the last quarter. Woodline Partners LP increased its holdings in shares of Viavi Solutions by 423.7% in the 4th quarter. Woodline Partners LP now owns 3,435,678 shares of the communications equipment provider's stock valued at $34,700,000 after purchasing an additional 2,779,615 shares in the last quarter. LMR Partners LLP purchased a new position in shares of Viavi Solutions in the 4th quarter valued at about $8,080,000. Nuveen LLC purchased a new position in shares of Viavi Solutions in the 1st quarter valued at about $6,582,000. Finally, Vanguard Group Inc. increased its holdings in Viavi Solutions by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 30,440,070 shares of the communications equipment provider's stock valued at $340,624,000 after acquiring an additional 540,045 shares in the last quarter. Hedge funds and other institutional investors own 95.54% of the company's stock.

Viavi Solutions Stock Performance

Shares of NASDAQ VIAV opened at $11.61 on Tuesday. The company has a market cap of $2.59 billion, a PE ratio of 72.57 and a beta of 0.91. Viavi Solutions Inc. has a 12 month low of $7.80 and a 12 month high of $12.91. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.50 and a quick ratio of 1.30. The company has a 50-day simple moving average of $10.60 and a 200-day simple moving average of $10.26.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. Viavi Solutions had a return on equity of 8.02% and a net margin of 3.21%.The business had revenue of $290.50 million for the quarter, compared to analysts' expectations of $285.19 million. During the same quarter last year, the firm earned $0.08 earnings per share. The business's revenue was up 15.3% on a year-over-year basis. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. On average, equities analysts anticipate that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Insider Transactions at Viavi Solutions

In related news, SVP Luke M. Scrivanich sold 11,873 shares of the firm's stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $11.18, for a total value of $132,740.14. Following the sale, the senior vice president directly owned 66,836 shares of the company's stock, valued at approximately $747,226.48. This trade represents a 15.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard Belluzzo sold 8,385 shares of the firm's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $11.34, for a total transaction of $95,085.90. Following the completion of the sale, the director directly owned 225,541 shares in the company, valued at $2,557,634.94. This represents a 3.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 54,873 shares of company stock worth $605,095 over the last quarter. 1.52% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

VIAV has been the subject of several recent research reports. B. Riley raised their target price on shares of Viavi Solutions from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Rosenblatt Securities restated a "buy" rating and set a $13.50 target price on shares of Viavi Solutions in a report on Friday, June 20th. Susquehanna upgraded shares of Viavi Solutions from a "neutral" rating to a "positive" rating and set a $15.00 target price for the company in a report on Friday, August 8th. UBS Group raised their target price on shares of Viavi Solutions from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Finally, Morgan Stanley upgraded shares of Viavi Solutions from an "underweight" rating to an "equal weight" rating and set a $11.00 target price for the company in a report on Tuesday, September 2nd. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $13.50.

Viavi Solutions Profile

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.

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