BNP Paribas Financial Markets Grows Position in Viavi Solutions Inc. $VIAV

BNP Paribas Financial Markets boosted its stake in Viavi Solutions Inc. (NASDAQ:VIAV) by 1,198.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,181,705 shares of the communications equipment provider’s stock after purchasing an additional 1,090,713 shares during the quarter. BNP Paribas Financial Markets’ holdings in Viavi Solutions were worth $21,058,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Hantz Financial Services Inc. grew its stake in Viavi Solutions by 86.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,845 shares of the communications equipment provider’s stock worth $51,000 after buying an additional 1,317 shares during the period. Johnson Financial Group Inc. acquired a new position in shares of Viavi Solutions during the third quarter worth $44,000. GAMMA Investing LLC raised its holdings in Viavi Solutions by 25.8% in the fourth quarter. GAMMA Investing LLC now owns 4,123 shares of the communications equipment provider’s stock valued at $73,000 after acquiring an additional 845 shares in the last quarter. Strs Ohio acquired a new stake in Viavi Solutions in the fourth quarter valued at $159,000. Finally, ST Germain D J Co. Inc. raised its holdings in Viavi Solutions by 92,963.6% in the fourth quarter. ST Germain D J Co. Inc. now owns 10,237 shares of the communications equipment provider’s stock valued at $182,000 after acquiring an additional 10,226 shares in the last quarter. 95.54% of the stock is currently owned by hedge funds and other institutional investors.

Viavi Solutions Trading Down 10.6%

VIAV opened at $47.56 on Friday. The stock has a market capitalization of $11.12 billion, a PE ratio of -198.16 and a beta of 1.18. The firm’s fifty day moving average price is $45.84 and its 200 day moving average price is $30.89. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39. Viavi Solutions Inc. has a 12-month low of $9.08 and a 12-month high of $60.43.

Viavi Solutions (NASDAQ:VIAV) last issued its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $393.80 million. During the same period in the prior year, the company earned $0.15 earnings per share. The firm’s revenue 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, research analysts expect that Viavi Solutions Inc. will post 0.73 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Kevin Christopher Siebert sold 8,255 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $54.02, for a total value of $445,935.10. Following the transaction, the senior vice president directly owned 20,129 shares in the company, valued at approximately $1,087,368.58. This trade represents a 29.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Doug Gilstrap sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $55.00, for a total transaction of $550,000.00. Following the completion of the transaction, the director owned 55,766 shares in the company, valued at approximately $3,067,130. The trade was a 15.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 450,369 shares of company stock worth $23,789,119. Company insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

VIAV has been the topic of several recent analyst reports. UBS Group upped their price target on shares of Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Susquehanna upped their price target 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. Rosenblatt Securities upped their price target 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. Weiss Ratings raised shares of Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Finally, Needham & Company LLC upped their price target 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. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $39.25.

Viavi Solutions 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.