Media headlines about Viavi Solutions (NASDAQ:VIAV) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Viavi Solutions earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the communications equipment provider an impact score of 45.5071997705911 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

Viavi Solutions (NASDAQ VIAV) traded down 0.09% on Friday, hitting $10.52. The stock had a trading volume of 3,018,350 shares. Viavi Solutions has a 52-week low of $6.99 and a 52-week high of $11.89. The company has a 50 day moving average price of $10.91 and a 200-day moving average price of $10.57. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 29.06 and a beta of 1.36.

Several equities analysts have recently weighed in on VIAV shares. Zacks Investment Research upgraded Viavi Solutions from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Tuesday, May 9th. Jefferies Group LLC upgraded Viavi Solutions from a “hold” rating to a “buy” rating and raised their price target for the company from $9.50 to $14.00 in a report on Friday, May 5th. BidaskClub upgraded Viavi Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, July 25th. B. Riley upgraded Viavi Solutions from a “neutral” rating to a “buy” rating and set a $14.00 price target for the company in a report on Friday, July 21st. Finally, TheStreet downgraded Viavi Solutions from a “b” rating to a “c+” rating in a report on Tuesday, August 1st. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Viavi Solutions has a consensus rating of “Buy” and a consensus target price of $11.41.

COPYRIGHT VIOLATION WARNING: This article was originally posted by Daily Political and is owned by of Daily Political. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and international copyright legislation. The original version of this article can be read at https://www.dailypolitical.com/2017/08/12/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-viavi-solutions-nasdaqviav-share-price.html.

In other news, SVP Luke M. Scrivanich sold 4,691 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $11.39, for a total transaction of $53,430.49. Following the sale, the senior vice president now owns 22,707 shares of the company’s stock, valued at approximately $258,632.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 9,632 shares of company stock worth $108,000 in the last three months. Corporate insiders own 0.35% of the company’s stock.

About Viavi Solutions

Viavi Solutions Inc (Viavi) is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems. The Company also offers thin film optical coatings, providing light management solutions to anti-counterfeiting, consumer and industrial, government and healthcare and other markets.

Insider Buying and Selling by Quarter for Viavi Solutions (NASDAQ:VIAV)

Receive News & Ratings for Viavi Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viavi Solutions Inc. and related companies with MarketBeat.com's FREE daily email newsletter.