Insider Selling: Viavi Solutions (NASDAQ:VIAV) CEO Sells 104,552 Shares of Stock

Key Points

• CEO Oleg Khaykin sold 104,552 shares on May 5 at an average price of $54.61 for about $5.71 million, reducing his stake by 6.59% to 1,482,702 shares valued at roughly $80.97 million.
• The CEO and other insiders have made multiple share sales this year, including several large tranches in February and additional sales in May, representing several hundred thousand shares sold overall.
• Fundamentals and outlook remain constructive: Viavi posted Q1 beats (EPS $0.27 vs. $0.24, revenue $406.8M, +42.8% YoY), launched the CyberFlood CF1000 targeting AI/data‑center demand, and has seen analyst price‑target upgrades with a consensus rating of "Moderate Buy."

Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) CEO Oleg Khaykin sold 104,552 shares of the firm's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $54.61, for a total value of $5,709,584.72. Following the sale, the chief executive officer directly owned 1,482,702 shares of the company's stock, valued at $80,970,356.22. This represents a 6.59% 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.

Oleg Khaykin also recently made the following trade(s):

• On Tuesday, May 5th, Oleg Khaykin sold 20,238 shares of Viavi Solutions stock. The shares were sold at an average price of $54.77, for a total value of $1,108,435.26.
• On Tuesday, February 10th, Oleg Khaykin sold 20,000 shares of Viavi Solutions stock. The shares were sold at an average price of $27.51, for a total value of $550,200.00.
• On Tuesday, February 10th, Oleg Khaykin sold 42,767 shares of Viavi Solutions stock. The stock was sold at an average price of $27.50, for a total value of $1,176,092.50.
• On Monday, February 9th, Oleg Khaykin sold 73,250 shares of Viavi Solutions stock. The stock was sold at an average price of $26.25, for a total value of $1,922,812.50.
• On Friday, February 6th, Oleg Khaykin sold 70,566 shares of Viavi Solutions stock. The stock was sold at an average price of $26.27, for a total value of $1,853,768.82.
• On Thursday, February 5th, Oleg Khaykin sold 70,000 shares of Viavi Solutions stock. The stock was sold at an average price of $24.50, for a total value of $1,715,000.00.

Viavi Solutions Trading Down 2.0%

Shares of Viavi Solutions stock traded down $1.08 during trading on Wednesday, reaching $52.90. 4,427,319 shares of the company were exchanged, compared to its average volume of 5,882,770. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99. Viavi Solutions Inc. has a twelve month low of $8.87 and a twelve month high of $60.43. The business has a 50-day moving average price of $36.81 and a 200-day moving average price of $25.27. The firm has a market capitalization of $12.37 billion, a price-to-earnings ratio of -220.29 and a beta of 1.22.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.03. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The business had revenue of $406.80 million during the quarter, compared to analysts' expectations of $393.80 million. During the same period in the previous year, the firm earned $0.15 earnings per share. The firm's quarterly revenue was up 42.8% compared to the same quarter last year. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Sell-side analysts anticipate that Viavi Solutions Inc. will post 0.71 EPS for the current fiscal year.

Institutional Trading of Viavi Solutions

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership boosted its stake in shares of Viavi Solutions by 431.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider's stock worth $84,258,000 after acquiring an additional 5,389,435 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of Viavi Solutions during the 1st quarter worth approximately $75,294,000. Invesco Ltd. boosted its stake in shares of Viavi Solutions by 116.0% during the 4th quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider's stock worth $67,886,000 after acquiring an additional 2,045,702 shares during the period. Marshall Wace LLP grew its position in shares of Viavi Solutions by 1,011.9% in the fourth quarter. Marshall Wace LLP now owns 2,187,600 shares of the communications equipment provider's stock valued at $38,983,000 after purchasing an additional 1,990,848 shares during the last quarter. Finally, Bowen Hanes & Co. Inc. acquired a new position in shares of Viavi Solutions in the fourth quarter valued at approximately $33,323,000. Institutional investors own 95.54% of the company's stock.

Trending Headlines about Viavi Solutions

Here are the key news stories impacting Viavi Solutions this week:

• Positive Sentiment: VIAVI launched the CyberFlood CF1000, a native 400G security and application-performance test appliance aimed at validating multi‑terabit and AI data-center infrastructure — a clear product bet on AI/data-center demand. VIAVI Launches CyberFlood CF1000 Appliance
• Positive Sentiment: Coverage highlights Viavi’s new test platform that adds security/validation capabilities specifically for inference and AI data centers — reinforcing TAM expansion and cross‑sell into modern DCs. Viavi test platform brings security to inference and AI data centers
• Positive Sentiment: Northland raised its FY2026 EPS estimate for Viavi to $0.75 (from $0.65), nudging consensus higher and supporting the view that profitability is improving. Northland Securities lifts FY2026 EPS estimate
• Positive Sentiment: Recent analyst writeups and earnings commentary emphasize strong Q1 revenue beat, improving adjusted margins and AI-driven demand — factors cited as why the stock had recently rallied. Why Viavi Solutions (VIAV) Stock Is Up Today
• Neutral Sentiment: Roundup of five analyst questions from Viavi’s Q1 call provides detail on demand drivers, margin cadence and channel dynamics — useful for modeling but not market-moving by itself. 5 must-read analyst questions from Viavi Solutions’s Q1 earnings call
• Neutral Sentiment: Analyst insight piece comparing Viavi with peers offers context on positioning across network test and security markets; helps investors benchmark risk/reward but is descriptive. Analysts Offer Insights on Technology Companies
• Negative Sentiment: A Seeking Alpha piece warns that Viavi’s AI/data-center hype may be outpacing sustainable profitability — flags GAAP earnings weakness, cyclical NSE exposure and the risk of overstretched multiples. Too Much Data Center Hype, Not Enough Growth In Profitability
• Negative Sentiment: An SVP sold 8,255 shares (~$445k) in early May, a disclosed insider sale that can create short‑term negative sentiment even if not necessarily signaling lack of conviction. Insider sale filing (Form 4)

Wall Street Analysts Forecast Growth

VIAV has been the subject of a number of analyst reports. B. Riley Financial lifted their price objective on Viavi Solutions from $26.00 to $53.00 and gave the stock a "buy" rating in a research note on Friday, April 24th. Susquehanna boosted their target price on Viavi Solutions from $25.00 to $65.00 and gave the company a "positive" rating in a research note on Thursday, April 30th. UBS Group boosted their target price on Viavi Solutions from $25.00 to $60.00 and gave the company a "neutral" rating in a research note on Thursday, April 30th. Needham & Company LLC boosted their target price on Viavi Solutions from $28.00 to $36.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. Finally, Rosenblatt Securities boosted their target price on Viavi Solutions from $27.00 to $42.00 and gave the company a "buy" rating in a research note on Wednesday, March 18th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Viavi Solutions presently has a consensus rating of "Moderate Buy" and a consensus price target of $39.25.

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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