Viavi Solutions (NASDAQ:VIAV) SVP Kevin Christopher Siebert Sells 8,255 Shares

Key Points

• SVP Kevin Christopher Siebert sold 8,255 shares of Viavi on May 4 at an average price of $54.02 for about $445,935, leaving him with 20,129 shares (a 29.08% reduction in his position, valued at roughly $1.09M).
• Viavi beat expectations for the quarter (EPS $0.27 vs. $0.24 est.) with revenue of $406.8M, up 42.8% year-over-year, and set Q4 2026 guidance of $0.290–0.310 EPS; the stock recently traded near $52.49 with a market cap of $12.15B.
• Analysts have been raising targets and ratings (e.g., UBS to $60, Susquehanna to $65), leaving a consensus of "Moderate Buy" — six Buys, two Holds and one Sell.

Viavi Solutions Inc. (NASDAQ:VIAV - Get Free Report) SVP Kevin Christopher Siebert sold 8,255 shares of the company's stock in a transaction on Monday, May 4th. The shares were sold at an average price of $54.02, for a total transaction of $445,935.10. Following the completion of the sale, the senior vice president owned 20,129 shares of the company's stock, valued at approximately $1,087,368.58. This trade represents a 29.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, March 2nd, Kevin Christopher Siebert sold 7,264 shares of Viavi Solutions stock. The shares were sold at an average price of $34.78, for a total transaction of $252,641.92.

Viavi Solutions Stock Performance

VIAV stock traded down $2.84 on Monday, hitting $52.49. The company's stock had a trading volume of 6,738,968 shares, compared to its average volume of 5,901,963. The firm has a 50 day moving average of $36.28 and a two-hundred day moving average of $24.98. Viavi Solutions Inc. has a 1 year low of $8.75 and a 1 year high of $60.43. The stock has a market cap of $12.15 billion, a price-to-earnings ratio of -218.70 and a beta of 1.22. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99.

Viavi Solutions (NASDAQ:VIAV - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS 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 firm had revenue of $406.80 million during the quarter, compared to the consensus estimate of $393.80 million. During the same quarter in the prior year, the firm earned $0.15 EPS. Viavi Solutions'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. Equities analysts predict that Viavi Solutions Inc. will post 0.64 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Rosenblatt Securities upped their price objective on shares of Viavi Solutions from $27.00 to $42.00 and gave the stock a "buy" rating in a research report on Wednesday, March 18th. 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 research report on Thursday. 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 research report on Monday, March 2nd. Wall Street Zen upgraded shares of Viavi Solutions from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, 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 research report on Thursday. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $39.25.

Hedge Funds Weigh In On Viavi Solutions

A number of large investors have recently made changes to their positions in the stock. Principal Financial Group Inc. increased its holdings in shares of Viavi Solutions by 6.0% in the 1st quarter. Principal Financial Group Inc. now owns 1,131,435 shares of the communications equipment provider's stock valued at $37,654,000 after purchasing an additional 64,193 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Viavi Solutions by 8,243.2% in the 1st quarter. International Assets Investment Management LLC now owns 6,174 shares of the communications equipment provider's stock valued at $218,000 after purchasing an additional 6,100 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Viavi Solutions by 3.6% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 57,221 shares of the communications equipment provider's stock valued at $1,904,000 after purchasing an additional 1,964 shares in the last quarter. Fifth Third Bancorp increased its holdings in shares of Viavi Solutions by 12,355.2% in the 1st quarter. Fifth Third Bancorp now owns 117,951 shares of the communications equipment provider's stock valued at $3,925,000 after purchasing an additional 117,004 shares in the last quarter. Finally, Cedar Mountain Advisors LLC purchased a new position in shares of Viavi Solutions in the 1st quarter valued at about $50,000. Hedge funds and other institutional investors own 95.54% of the company's stock.

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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