Viavi Solutions (NASDAQ:VIAV) CEO Oleg Khaykin Sells 136,547 Shares of Stock

Viavi Solutions Inc. (NASDAQ:VIAV) CEO Oleg Khaykin sold 136,547 shares of Viavi Solutions stock in a transaction on Friday, May 8th. The stock was sold at an average price of $51.82, for a total transaction of $7,075,865.54. Following the sale, the chief executive officer directly owned 1,188,798 shares of the company’s stock, valued at approximately $61,603,512.36. This trade represents a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Thursday, May 7th, Oleg Khaykin sold 123,333 shares of Viavi Solutions stock. The stock was sold at an average price of $51.43, for a total transaction of $6,343,016.19.
• On Wednesday, May 6th, Oleg Khaykin sold 34,024 shares of Viavi Solutions stock. The stock was sold at an average price of $54.07, for a total transaction of $1,839,677.68.
• On Tuesday, May 5th, Oleg Khaykin sold 20,238 shares of Viavi Solutions stock. The stock was sold at an average price of $54.77, for a total transaction of $1,108,435.26.
• On Tuesday, May 5th, Oleg Khaykin sold 104,552 shares of Viavi Solutions stock. The stock was sold at an average price of $54.61, for a total transaction of $5,709,584.72.
• On Tuesday, February 10th, Oleg Khaykin sold 20,000 shares of Viavi Solutions stock. The stock was sold at an average price of $27.51, for a total transaction of $550,200.00.
• On Tuesday, February 10th, Oleg Khaykin sold 42,767 shares of Viavi Solutions stock. The stock was sold at an average price of $27.50, for a total transaction of $1,176,092.50.
• On Monday, February 9th, Oleg Khaykin sold 73,250 shares of Viavi Solutions stock. The stock was sold at an average price of $26.25, for a total transaction of $1,922,812.50.

Viavi Solutions Price Performance

Shares of NASDAQ:VIAV opened at $51.21 on Friday. The company’s fifty day moving average price is $37.76 and its 200 day moving average price is $25.82. Viavi Solutions Inc. has a 12 month low of $8.87 and a 12 month high of $60.43. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39. The firm has a market capitalization of $11.98 billion, a P/E ratio of -213.37 and a beta of 1.22.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $393.80 million. During the same period last year, the business earned $0.15 EPS. Viavi Solutions’s revenue for the quarter was up 42.8% compared to the same quarter last year. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. As a group, sell-side analysts predict that Viavi Solutions Inc. will post 0.71 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. WPG Advisers LLC increased its stake in shares of Viavi Solutions by 96.2% during the first quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 380 shares during the period. State of Wyoming acquired a new position in shares of Viavi Solutions during the fourth quarter worth about $34,000. Johnson Financial Group Inc. acquired a new position in shares of Viavi Solutions during the third quarter worth about $44,000. Covestor Ltd increased its stake in shares of Viavi Solutions by 22.9% during the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after acquiring an additional 676 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in shares of Viavi Solutions by 32.0% during the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after acquiring an additional 898 shares during the period. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Viavi Solutions News Summary

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

• Positive Sentiment: Wall Street sentiment has improved after earnings, with multiple analysts raising price targets and Northland lifting its FY2026 EPS estimate, reinforcing a stronger outlook for Viavi Solutions. Analyst upside article
• Positive Sentiment: Investor interest is also being supported by a new product story: Viavi’s 400G CF1000 platform is drawing attention for AI data center testing and security, which could help the company benefit from AI infrastructure spending. AI data center product article
• Positive Sentiment: Recent earnings were also solid, with Viavi beating EPS and revenue estimates and issuing guidance that suggests ongoing operating momentum. Earnings summary
• Neutral Sentiment: The stock has also attracted attention from institutional investors, but the ownership changes cited are not a clear immediate catalyst for today’s move. Institutional activity
• Negative Sentiment: Offsetting the bullish themes, CEO Oleg Khaykin disclosed several large stock sales in early May, including a recent sale of 136,547 shares, which may be pressuring shares as investors question insider confidence at elevated prices. CEO SEC filing
• Negative Sentiment: Other executives also sold stock, adding to the appearance of clustered insider selling and potentially capping enthusiasm despite the stronger operational narrative. Insider selling roundup

Analysts Set New Price Targets

A number of brokerages have recently commented on VIAV. Needham & Company LLC upped their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Rosenblatt Securities upped their target price on shares of Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, March 18th. Stifel Nicolaus upped their target price on shares of Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Wall Street Zen raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Susquehanna upped their target price on shares of Viavi Solutions from $25.00 to $65.00 and gave the company a “positive” rating in a report on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $39.25.

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.