Viavi Solutions (NASDAQ:VIAV) CEO Sells $6,343,016.19 in Stock

Viavi Solutions Inc. (NASDAQ:VIAV) CEO Oleg Khaykin sold 123,333 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $51.43, for a total transaction of $6,343,016.19. Following the completion of the sale, the chief executive officer owned 1,325,345 shares of the company’s stock, valued at approximately $68,162,493.35. This represents a 8.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Friday, May 8th, Oleg Khaykin sold 136,547 shares of Viavi Solutions stock. The shares were sold at an average price of $51.82, for a total transaction of $7,075,865.54.
• 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 shares were sold at an average price of $54.77, for a total value of $1,108,435.26.
• On Tuesday, May 5th, Oleg Khaykin sold 104,552 shares of Viavi Solutions stock. The shares were sold at an average price of $54.61, for a total value 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 shares were sold at an average price of $26.25, for a total value of $1,922,812.50.

Viavi Solutions Price Performance

Shares of NASDAQ:VIAV opened at $51.21 on Monday. The firm has a market capitalization of $11.98 billion, a PE ratio of -213.37 and a beta of 1.22. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average price of $37.76 and a two-hundred day moving average price of $25.82. Viavi Solutions Inc. has a twelve month low of $8.87 and a twelve month high of $60.43.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings data 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 company had revenue of $406.80 million during the quarter, compared to the consensus estimate of $393.80 million. During the same period last year, the firm earned $0.15 EPS. Viavi Solutions’s revenue for the quarter was up 42.8% on a year-over-year basis. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Equities analysts forecast that Viavi Solutions Inc. will post 0.71 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VIAV. Weiss Ratings reissued a “sell (d-)” rating on shares of Viavi Solutions in a report on Wednesday, April 29th. Needham & Company LLC lifted their target price on Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Stifel Nicolaus upped their price target on Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. B. Riley Financial raised their price objective on shares of Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, Rosenblatt Securities boosted their price objective on shares of Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $39.25.

Key Stories Impacting Viavi Solutions

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

Hedge Funds Weigh In On Viavi Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of VIAV. WPG Advisers LLC increased its position in shares of Viavi Solutions by 96.2% during the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 380 shares during the last quarter. State of Wyoming purchased a new stake in Viavi Solutions in the fourth quarter worth approximately $34,000. Johnson Financial Group Inc. bought a new position in Viavi Solutions during the third quarter valued at approximately $44,000. Covestor Ltd raised 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 in the last quarter. Finally, Nisa Investment Advisors LLC raised 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 in the last quarter. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

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.