Viavi Solutions (NASDAQ:VIAV) SVP Luke Scrivanich Sells 10,693 Shares of Stock

Viavi Solutions Inc. (NASDAQ:VIAV) SVP Luke Scrivanich sold 10,693 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $53.00, for a total value of $566,729.00. Following the transaction, the senior vice president owned 39,287 shares in the company, valued at $2,082,211. The trade was a 21.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Viavi Solutions Stock Performance

NASDAQ VIAV opened at $53.00 on Thursday. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99. The business’s 50 day moving average is $37.32 and its two-hundred day moving average is $25.55. Viavi Solutions Inc. has a 12-month low of $8.87 and a 12-month high of $60.43. The stock has a market capitalization of $12.40 billion, a price-to-earnings ratio of -220.82 and a beta of 1.22.

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Capital World Investors lifted its stake in shares of 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 purchasing an additional 664,956 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of 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 purchasing an additional 231,570 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of 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 purchasing an additional 33,463 shares during the period. Geode Capital Management LLC lifted its stake in shares of 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 purchasing an additional 20,776 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of 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 purchasing an additional 2,045,702 shares during the period. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Analyst Ratings Changes

VIAV has been the topic of a number of research reports. Rosenblatt Securities upped their price target on Viavi Solutions from $27.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, March 18th. Susquehanna upped their price target on Viavi Solutions from $25.00 to $65.00 and gave the stock a “positive” rating in a report on Thursday, April 30th. Stifel Nicolaus upped their price target on Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. B. Riley Financial upped their price target on Viavi Solutions from $26.00 to $53.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Needham & Company LLC upped their price target on Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Six research 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. According to MarketBeat.com, Viavi Solutions has an average rating of “Moderate Buy” and a consensus price target of $39.25.

Viavi Solutions News Summary

Here are the key news stories impacting Viavi Solutions this week:

• Positive Sentiment: Northland Securities raised its FY2026 EPS estimate for VIAV to $0.75 from $0.65, lifting professional earnings expectations above consensus and supporting the company’s fundamental outlook. Analyst Raise
• Positive Sentiment: A bullish Zacks feature highlights Viavi as a momentum buy, arguing the company benefits from AI/data-center demand — positive for investor interest and momentum-driven flows. Zacks Momentum Article
• Positive Sentiment: Product/news: Viavi announced a test platform aimed at adding security for inference and AI data centers — a node-level product story that supports continued relevance to hyperscalers and AI-capex trends. Product Announcement
• Neutral Sentiment: Coverage/analysis: The Globe & Mail and MSN/earnings-call writeups recap analyst takeaways and notable Q1 questions — useful for context but not fresh catalysts on their own. Globe & Mail
• Negative Sentiment: Clustered insider selling: CEO Oleg Khaykin disclosed multiple large sales (including ~104,552 shares at ~$54.61 and additional blocks), and other senior execs/directors (Doug Gilstrap, Luke Scrivanich, Paul McNab) sold material positions in early May — a visible supply signal that likely pressured the stock. SEC filings show the transactions. CEO SEC Filing
• Negative Sentiment: Market commentary flagged insider action as a focal point for investors, amplifying concerns that the timing and size of sales could signal confidence/valuation questions despite strong top-line AI demand. Nasdaq Pulse
• Negative Sentiment: Critical analysis (Seeking Alpha) cautions that AI/data-center hype may be outpacing sustainable profitability, noting mixed GAAP results and cyclicality in key segments — a cautionary read for longer-term valuation. Seeking Alpha Critique

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.