Viavi Solutions Inc. $VIAV Stock: Leeward Investments LLC MA Decreases Position

Key Points

• Leeward Investments reduced its Viavi Solutions stake by 35.5% in the third quarter, selling 360,285 shares and retaining 654,541 shares valued at approximately $27.4 million. Institutional investors collectively own 95.54% of VIAV.
• Viavi reported quarterly EPS of $0.34, beating estimates by $0.04, while revenue of $443.1 million exceeded expectations and rose 52.5% year over year. The company issued first-quarter 2027 EPS guidance of $0.40–$0.42.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus rating and an average price target of $55.43 versus the stock’s reported price of $30.44. However, company insiders sold nearly 200,000 shares worth about $8.0 million over the past three months.

Leeward Investments LLC MA lessened its stake in Viavi Solutions Inc. (NASDAQ:VIAV - Free Report) by 35.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 654,541 shares of the communications equipment provider's stock after selling 360,285 shares during the period. Viavi Solutions comprises about 1.4% of Leeward Investments LLC MA's holdings, making the stock its 8th largest holding. Leeward Investments LLC MA owned approximately 0.27% of Viavi Solutions worth $27,438,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of VIAV. Citizens Financial Group Inc. RI purchased a new position in Viavi Solutions in the 3rd quarter worth approximately $248,000. Fifth Third Wealth Advisors LLC lifted its position in Viavi Solutions by 25.3% in the third quarter. Fifth Third Wealth Advisors LLC now owns 9,179 shares of the communications equipment provider's stock valued at $385,000 after purchasing an additional 1,851 shares during the last quarter. Inspire Investing LLC lifted its position in Viavi Solutions by 128.9% in the third quarter. Inspire Investing LLC now owns 120,628 shares of the communications equipment provider's stock valued at $5,057,000 after purchasing an additional 67,926 shares during the last quarter. Root Financial Partners LLC bought a new stake in Viavi Solutions in the third quarter valued at approximately $60,000. Finally, Reyes Financial Architecture Inc. purchased a new stake in shares of Viavi Solutions during the third quarter valued at approximately $93,000. Institutional investors own 95.54% of the company's stock.

Viavi Solutions Stock Down 0.0%

NASDAQ VIAV opened at $30.44 on Monday. 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 stock has a market capitalization of $7.49 billion, a PE ratio of -202.92 and a beta of 1.21. Viavi Solutions Inc. has a 1 year low of $13.43 and a 1 year high of $60.43. The business's 50-day moving average is $38.39 and its 200 day moving average is $42.91.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $443.10 million for the quarter, compared to the consensus estimate of $432.62 million. Viavi Solutions had a positive return on equity of 19.60% and a negative net margin of 2.00%. Viavi Solutions's revenue was up 52.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.13 EPS. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. Sell-side analysts forecast that Viavi Solutions Inc. will post 1.42 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Rosenblatt Securities restated a "buy" rating and issued a $70.00 target price on shares of Viavi Solutions in a report on Wednesday, September 23rd. Needham & Company LLC decreased their target price on shares of Viavi Solutions from $68.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Stifel Nicolaus set a $65.00 price target on shares of Viavi Solutions in a report on Wednesday, September 23rd. Weiss Ratings cut shares of Viavi Solutions from a "sell (d+)" rating to a "sell (d)" rating in a research report on Tuesday, September 8th. Finally, B. Riley Financial dropped their price target on shares of Viavi Solutions from $63.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, August 6th. 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 company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $55.43.

Insiders Place Their Bets

In other news, EVP Ilan Daskal sold 56,290 shares of the business's stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $36.29, for a total transaction of $2,042,764.10. Following the transaction, the executive vice president directly owned 10,132 shares of the company's stock, valued at approximately $367,690.28. The trade was a 84.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Paul McNab sold 11,032 shares of the company's stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $38.97, for a total value of $429,917.04. Following the transaction, the executive vice president owned 25,639 shares of the company's stock, valued at approximately $999,151.83. This represents a 30.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 199,694 shares of company stock valued at $7,976,233 over the last three months. 1.20% of the stock is currently owned by corporate insiders.

Viavi Solutions 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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