Viavi Solutions (NASDAQ:VIAV) Reaches New 52-Week High – Should You Buy?

Viavi Solutions Inc. (NASDAQ:VIAV) reached a new 52-week high on Monday . The stock traded as high as $27.37 and last traded at $27.4550, with a volume of 1058887 shares trading hands. The stock had previously closed at $26.38.

Analyst Upgrades and Downgrades

Several analysts have weighed in on VIAV shares. Rosenblatt Securities set a $27.00 target price on Viavi Solutions in a report on Thursday, January 29th. Stifel Nicolaus increased their price objective on shares of Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Wall Street Zen cut shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 18th. Susquehanna increased their price target on shares of Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a research report on Thursday, January 29th. Finally, Argus raised their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $22.13.

Viavi Solutions Price Performance

The company’s 50 day simple moving average is $19.32 and its 200 day simple moving average is $15.29. The company has a current ratio of 2.61, a quick ratio of 2.32 and a debt-to-equity ratio of 1.46. The stock has a market capitalization of $6.40 billion, a PE ratio of -153.57 and a beta of 0.95.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, beating 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 business had revenue of $369.30 million during the quarter, compared to the consensus estimate of $365.25 million. During the same quarter in the previous year, the business earned $0.13 earnings per share. The business’s revenue for the quarter was up 36.4% on a year-over-year basis. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, equities analysts anticipate that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Insider Transactions at Viavi Solutions

In related news, EVP Paul Mcnab sold 4,638 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $25.80, for a total value of $119,660.40. Following the transaction, the executive vice president owned 21,749 shares in the company, valued at approximately $561,124.20. This trade represents a 17.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Kevin Christopher Siebert sold 13,577 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $25.72, for a total transaction of $349,200.44. Following the sale, the senior vice president owned 35,648 shares of the company’s stock, valued at approximately $916,866.56. This represents a 27.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 753,711 shares of company stock worth $16,526,234 in the last three months. 1.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Hantz Financial Services Inc. increased its holdings in shares of Viavi Solutions by 86.2% in the 4th quarter. Hantz Financial Services Inc. now owns 2,845 shares of the communications equipment provider’s stock valued at $51,000 after acquiring an additional 1,317 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Viavi Solutions by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after acquiring an additional 825 shares during the period. Johnson Financial Group Inc. bought a new stake in Viavi Solutions in the 3rd quarter valued at about $44,000. Covestor Ltd boosted its stake in Viavi Solutions by 22.9% during the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after purchasing an additional 676 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after purchasing an additional 898 shares during the last quarter. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

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.