Oleg Khaykin Sells 73,250 Shares of Viavi Solutions (NASDAQ:VIAV) Stock

Viavi Solutions Inc. (NASDAQ:VIAV) CEO Oleg Khaykin sold 73,250 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $26.25, for a total transaction of $1,922,812.50. Following the completion of the sale, the chief executive officer owned 1,635,621 shares of the company’s stock, valued at approximately $42,935,051.25. The trade was a 4.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Oleg Khaykin also recently made the following trade(s):

• On Friday, February 6th, Oleg Khaykin sold 70,566 shares of Viavi Solutions stock. The shares were sold at an average price of $26.27, for a total value of $1,853,768.82.
• On Thursday, February 5th, Oleg Khaykin sold 70,000 shares of Viavi Solutions stock. The shares were sold at an average price of $24.50, for a total value of $1,715,000.00.
• On Wednesday, February 4th, Oleg Khaykin sold 74,315 shares of Viavi Solutions stock. The stock was sold at an average price of $26.48, for a total value of $1,967,861.20.
• On Tuesday, December 2nd, Oleg Khaykin sold 68,810 shares of Viavi Solutions stock. The shares were sold at an average price of $17.77, for a total value of $1,222,753.70.
• On Monday, December 1st, Oleg Khaykin sold 85,836 shares of Viavi Solutions stock. The stock was sold at an average price of $17.63, for a total value of $1,513,288.68.

Viavi Solutions Stock Performance

VIAV traded up $1.26 during trading on Monday, reaching $27.64. 3,647,097 shares of the company’s stock were exchanged, compared to its average volume of 5,054,599. The company has a market capitalization of $6.40 billion, a P/E ratio of -153.57 and a beta of 0.95. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46. The business has a 50 day moving average price of $19.32 and a 200 day moving average price of $15.29. Viavi Solutions Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $27.69.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings data 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. The company had revenue of $369.30 million during the quarter, compared to the consensus estimate of $365.25 million. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. The firm’s revenue for the quarter was up 36.4% compared to the same quarter last year. During the same period last year, the firm earned $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. As a group, analysts predict that Viavi Solutions Inc. will post 0.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on VIAV shares. B. Riley Financial raised their target price on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Wall Street Zen cut Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Rosenblatt Securities set a $27.00 target price on shares of Viavi Solutions in a research report on Thursday, January 29th. Finally, Needham & Company LLC lifted their price target on shares of Viavi Solutions from $24.00 to $28.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.13.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VIAV. Royal Bank of Canada boosted its position in Viavi Solutions by 11.5% in the 1st quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider’s stock valued at $2,051,000 after buying an additional 18,910 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Viavi Solutions by 110.5% during the first quarter. AQR Capital Management LLC now owns 33,663 shares of the communications equipment provider’s stock valued at $377,000 after acquiring an additional 17,673 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Viavi Solutions by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,061 shares of the communications equipment provider’s stock valued at $1,467,000 after acquiring an additional 5,775 shares during the last quarter. Millennium Management LLC boosted its holdings in Viavi Solutions by 205.4% in the first quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider’s stock valued at $5,335,000 after acquiring an additional 320,662 shares during the last quarter. Finally, United Services Automobile Association acquired a new stake in Viavi Solutions in the first quarter worth about $165,000. Institutional investors own 95.54% of the company’s stock.

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.