Deutsche Bank AG Takes $27.91 Million Position in Viavi Solutions Inc. $VIAV

Key Points

• Deutsche Bank acquired 584,448 Viavi Solutions shares during the second quarter, establishing a position worth approximately $27.9 million, or 0.25% of the company. Institutional investors collectively own 95.54% of VIAV.
• Viavi reported quarterly EPS of $0.34, surpassing the $0.30 analyst consensus, while revenue rose 52.5% year over year to $443.1 million. The company issued Q1 2027 EPS guidance of $0.40–$0.42.
• Analyst sentiment remains moderately bullish, with a consensus price target of $49.88 versus the stock’s reported price of $38.90. However, company insiders recently sold shares, including a director’s sale of 71,000 shares worth about $3.27 million.

Deutsche Bank AG acquired a new stake in shares of Viavi Solutions Inc. (NASDAQ:VIAV - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 584,448 shares of the communications equipment provider's stock, valued at approximately $27,907,000. Deutsche Bank AG owned about 0.25% of Viavi Solutions at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of VIAV. Royal Bank of Canada lifted its position in shares of Viavi Solutions by 11.5% during the 1st quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider's stock valued at $2,051,000 after buying an additional 18,910 shares in the last quarter. AQR Capital Management LLC raised its stake in Viavi Solutions by 110.5% during the 1st quarter. AQR Capital Management LLC now owns 33,663 shares of the communications equipment provider's stock worth $377,000 after acquiring an additional 17,673 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Viavi Solutions by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,061 shares of the communications equipment provider's stock valued at $1,467,000 after purchasing an additional 5,775 shares in the last quarter. Millennium Management LLC boosted its position in shares of Viavi Solutions by 205.4% in the first quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider's stock worth $5,335,000 after purchasing an additional 320,662 shares during the period. Finally, United Services Automobile Association bought a new position in shares of Viavi Solutions in the first quarter worth approximately $165,000. 95.54% of the stock is currently owned by institutional investors.

Viavi Solutions Stock Performance

Viavi Solutions stock opened at $38.90 on Friday. The company's 50-day moving average price is $42.39 and its 200-day moving average price is $40.39. 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 company has a market cap of $9.60 billion, a PE ratio of -259.32 and a beta of 1.21. Viavi Solutions Inc. has a twelve month low of $10.78 and a twelve month high of $60.43.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.04. Viavi Solutions had a positive return on equity of 19.60% and a negative net margin of 2.00%.The business had revenue of $443.10 million for the quarter, compared to the consensus estimate of $432.62 million. During the same period in the prior year, the business posted $0.13 earnings per share. The company's quarterly revenue 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. On average, equities research analysts forecast that Viavi Solutions Inc. will post 1.32 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on VIAV shares. Wall Street Zen upgraded shares of Viavi Solutions from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 15th. 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. Susquehanna increased their price target on Viavi Solutions from $65.00 to $66.00 and gave the stock a "positive" rating in a research note on Wednesday, July 1st. Stifel Nicolaus raised their price target on Viavi Solutions from $60.00 to $65.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Finally, UBS Group lowered their price objective on Viavi Solutions from $60.00 to $44.00 and set a "neutral" rating on the stock 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, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $49.88.

Insiders Place Their Bets

In related news, Director Laura A. Black sold 71,000 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $46.12, for a total value of $3,274,520.00. Following the sale, the director directly owned 71,497 shares of the company's stock, valued at $3,297,441.64. This represents a 49.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Paul Mcnab sold 1,595 shares of the business's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $37.37, for a total value of $59,605.15. Following the transaction, the executive vice president owned 13,876 shares of the company's stock, valued at approximately $518,546.12. The trade was a 10.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.80% of the company's stock.

About Viavi Solutions

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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