Rep. Gilbert Ray Cisneros, Jr. Sells Viavi Solutions Inc. (NASDAQ:VIAV) Shares

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed selling between $1,001 and $15,000 of Viavi Solutions (NASDAQ:VIAV) in his "150 MAIN STREET TRUST > BANK OF AMERICA" account for a trade reported on March 9, and the filing also shows another VIAV sale among multiple trades dated March 27.
• Viavi's shares traded up 2.4% to $42.40 and are near a 1‑year high of $43 after the company reported Q results that beat estimates (EPS $0.22 vs. $0.19) and revenue of $369.3M, up 36.4% year‑over‑year.
• Institutional ownership is very high (95.54%) with large position increases from firms like Capital World Investors and Invesco, while insiders sold about 485,772 shares (~$12.7M) last quarter and now own roughly 1.8% of the company.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Viavi Solutions Inc. (NASDAQ:VIAV). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Viavi Solutions stock on March 9th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of FirstService NASDAQ: FSV on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Advanced Energy Industries NASDAQ: AEIS on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Flex NASDAQ: FLEX on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of LPL Financial NASDAQ: LPLA on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 3/27/2026.
• Purchased $15,001 - $50,000 in shares of Fabrinet NYSE: FN on 3/27/2026.

Viavi Solutions Trading Up 2.4%

Viavi Solutions stock traded up $0.99 during trading on Thursday, hitting $42.40. The company had a trading volume of 3,594,568 shares, compared to its average volume of 5,578,444. The stock has a market cap of $9.81 billion, a price-to-earnings ratio of -235.54 and a beta of 0.85. The company has a current ratio of 2.61, a quick ratio of 2.32 and a debt-to-equity ratio of 1.46. Viavi Solutions Inc. has a 1-year low of $8.10 and a 1-year high of $43.00. The company's 50 day simple moving average is $30.53 and its 200-day simple moving average is $21.37.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.03. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The company had revenue of $369.30 million for the quarter, compared to analysts' expectations of $365.25 million. During the same period in the prior year, the firm earned $0.13 earnings per share. The firm's revenue was up 36.4% compared to the same quarter last year. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. As a group, analysts expect that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital World Investors increased its holdings in Viavi Solutions by 4.4% during the 4th quarter. Capital World Investors now owns 15,620,410 shares of the communications equipment provider's stock worth $278,356,000 after purchasing an additional 664,956 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Viavi Solutions by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider's stock valued at $86,875,000 after buying an additional 231,570 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Viavi Solutions by 0.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 6,673,145 shares of the communications equipment provider's stock worth $118,915,000 after buying an additional 33,463 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Viavi Solutions by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 5,351,211 shares of the communications equipment provider's stock worth $95,373,000 after buying an additional 20,776 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of Viavi Solutions by 116.0% during the fourth quarter. Invesco Ltd. now owns 3,809,513 shares of the communications equipment provider's stock worth $67,886,000 after buying an additional 2,045,702 shares during the period. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Viavi Solutions

In related news, Director Richard Belluzzo sold 15,775 shares of Viavi Solutions stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $26.85, for a total value of $423,558.75. Following the completion of the transaction, the director owned 211,850 shares in the company, valued at $5,688,172.50. The trade was a 6.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Oleg Khaykin sold 42,767 shares of the business's stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $27.50, for a total transaction of $1,176,092.50. Following the transaction, the chief executive officer owned 1,592,854 shares of the company's stock, valued at $43,803,485. This trade represents a 2.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 485,772 shares of company stock valued at $12,736,803 over the last quarter. Insiders own 1.80% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Weiss Ratings reissued a "sell (d)" rating on shares of Viavi Solutions in a research note on Monday, December 29th. Needham & Company LLC lifted their target price on Viavi Solutions from $28.00 to $36.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Susquehanna increased their price target on shares of Viavi Solutions from $18.00 to $25.00 and gave the stock a "positive" rating in a research report on Thursday, January 29th. Wall Street Zen lowered shares of Viavi Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, March 7th. Finally, B. Riley Financial lifted their price objective on shares of Viavi Solutions from $18.00 to $22.00 and gave the company a "buy" rating in a report on Monday, January 26th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $25.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Viavi Solutions Company Profile

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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