Kevin Christopher Siebert Sells 9,927 Shares of Viavi Solutions (NASDAQ:VIAV) Stock

Key Points

• Kevin Christopher Siebert, Senior Vice President of Viavi Solutions, sold 9,927 shares of the company's stock at an average price of $12.17, totaling approximately $120,812 and reducing his ownership by 10.50%.
• Viavi Solutions reported a quarterly revenue of $290.50 million, exceeding analyst expectations, and they posted earnings of $0.13 per share, beating estimates by $0.01.
• Analysts have a consensus rating of “Moderate Buy” for Viavi Solutions, with target prices ranging from $11.00 to $15.00, indicating potential for growth following recent upgrades from several brokerages.

Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) SVP Kevin Christopher Siebert sold 9,927 shares of Viavi Solutions stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $12.17, for a total value of $120,811.59. Following the completion of the transaction, the senior vice president owned 84,598 shares of the company's stock, valued at approximately $1,029,557.66. The trade was a 10.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Kevin Christopher Siebert also recently made the following trade(s):

• On Friday, August 29th, Kevin Christopher Siebert sold 13,115 shares of Viavi Solutions stock. The shares were sold at an average price of $11.18, for a total value of $146,625.70.
• On Friday, August 29th, Kevin Christopher Siebert sold 13,115 shares of Viavi Solutions stock. The shares were sold at an average price of $11.18, for a total value of $146,625.70.

Viavi Solutions Stock Performance

Shares of VIAV traded down $0.02 during mid-day trading on Thursday, reaching $12.29. 1,281,163 shares of the company's stock traded hands, compared to its average volume of 2,414,506. The business's 50-day moving average price is $11.05 and its 200-day moving average price is $10.36. The stock has a market capitalization of $2.74 billion, a P/E ratio of 76.82 and a beta of 0.91. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.30 and a current ratio of 1.50. Viavi Solutions Inc. has a 12 month low of $8.10 and a 12 month high of $12.91.

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

Institutional Trading of Viavi Solutions

Several large investors have recently modified their holdings of VIAV. Family Legacy Financial Solutions LLC bought a new position in Viavi Solutions in the 2nd quarter worth $43,000. USA Financial Formulas acquired a new stake in shares of Viavi Solutions in the first quarter valued at about $53,000. AlphaQuest LLC bought a new position in shares of Viavi Solutions in the first quarter worth about $55,000. First Horizon Advisors Inc. lifted its position in shares of Viavi Solutions by 29.1% during the 1st quarter. First Horizon Advisors Inc. now owns 5,046 shares of the communications equipment provider's stock worth $56,000 after purchasing an additional 1,138 shares during the last quarter. Finally, Quarry LP lifted its position in shares of Viavi Solutions by 481.2% during the 1st quarter. Quarry LP now owns 9,450 shares of the communications equipment provider's stock worth $106,000 after purchasing an additional 7,824 shares during the last quarter. 95.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

About Viavi Solutions

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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