Viavi Solutions (NASDAQ:VIAV) EVP Sells $149,875.92 in Stock

Key Points

• Paul Mcnab, Viavi's EVP, sold 2,727 shares on May 5 at an average of $54.96 for $149,875.92, reducing his stake by 14.99% to 15,471 shares (he previously sold 3,551 shares on March 2 at $32.89).
• Q1 beat and guidance: Viavi reported $0.27 EPS vs. $0.24 expected and revenue of $406.8M (up 42.8% YoY), and set Q4 2026 guidance of $0.290–0.310, while analysts have raised price targets leading to a consensus "Moderate Buy" with a $39.25 target.
• Shares traded around $52.90 (down ~2%) with a 12‑month range of $8.87–$60.43 and a $12.37B market cap; the company is promoting its CyberFlood CF1000 for AI/data‑center testing, which analysts see as a growth driver but some warn may reflect excessive AI hype.

Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) EVP Paul Mcnab sold 2,727 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $54.96, for a total transaction of $149,875.92. Following the completion of the sale, the executive vice president directly owned 15,471 shares of the company's stock, valued at approximately $850,286.16. This trade represents a 14.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Paul Mcnab also recently made the following trade(s):

• On Monday, March 2nd, Paul Mcnab sold 3,551 shares of Viavi Solutions stock. The shares were sold at an average price of $32.89, for a total transaction of $116,792.39.

Viavi Solutions Trading Down 2.0%

Shares of Viavi Solutions stock traded down $1.08 during mid-day trading on Wednesday, hitting $52.90. The stock had a trading volume of 4,427,319 shares, compared to its average volume of 5,882,770. The firm has a 50-day moving average of $36.81 and a two-hundred day moving average of $25.27. Viavi Solutions Inc. has a 12-month low of $8.87 and a 12-month high of $60.43. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99. The firm has a market cap of $12.37 billion, a P/E ratio of -220.39 and a beta of 1.22.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on VIAV shares. Susquehanna upped their price objective on shares of Viavi Solutions from $25.00 to $65.00 and gave the stock a "positive" rating in a report on Thursday, April 30th. UBS Group upped their price objective on shares of Viavi Solutions from $25.00 to $60.00 and gave the stock a "neutral" rating in a report on Thursday, April 30th. Needham & Company LLC upped their price objective on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. B. Riley Financial upped their price objective on shares of Viavi Solutions from $26.00 to $53.00 and gave the stock a "buy" rating in a report on Friday, April 24th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Viavi Solutions in a report on Wednesday, April 29th. Six investment 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's stock. Based on data from MarketBeat, Viavi Solutions has a consensus rating of "Moderate Buy" and a consensus target price of $39.25.

Institutional Investors Weigh In On Viavi Solutions

A number of hedge funds have recently added to or reduced their stakes in the business. Capital World Investors lifted 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 buying an additional 664,956 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Viavi Solutions by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider's stock worth $86,875,000 after buying an additional 231,570 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Viavi Solutions by 0.5% during the 4th 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 lifted its holdings in Viavi Solutions by 0.4% during the 4th 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. lifted its holdings in 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 buying an additional 2,045,702 shares in the last quarter. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting 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)

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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