Rep. Gilbert Ray Cisneros, Jr. Sells Off Viavi Solutions Inc. (NASDAQ:VIAV) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Viavi Solutions Inc. (NASDAQ:VIAV). In a filing disclosed on September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in Viavi Solutions stock on July 21st. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Marvell Technology (NASDAQ:MRVL) on 7/17/2026.

Viavi Solutions Stock Performance

VIAV stock opened at $34.86 on Tuesday. Viavi Solutions Inc. has a one year low of $11.53 and a one year high of $60.43. The stock has a market cap of $8.60 billion, a price-to-earnings ratio of -232.38 and a beta of 1.22. The company has a fifty day moving average price of $39.44 and a two-hundred day moving average price of $41.25. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.62.

Viavi Solutions (NASDAQ:VIAV) last posted its earnings results on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04. The company had revenue of $443.10 million during the quarter, compared to analysts’ expectations of $432.62 million. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 19.60%. Viavi Solutions’s quarterly revenue was up 52.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.13 EPS. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. Equities analysts anticipate that Viavi Solutions Inc. will post 1.32 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on VIAV. B. Riley Financial cut their price objective on shares of Viavi Solutions from $63.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Susquehanna increased their target price on Viavi Solutions from $65.00 to $66.00 and gave the stock a “positive” rating in a research note on Wednesday, July 1st. Zacks Research raised Viavi Solutions from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 13th. UBS Group decreased their price objective on Viavi Solutions from $60.00 to $44.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $70.00 price objective on shares of Viavi Solutions in a research report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $55.43.

Insiders Place Their Bets

In other news, SVP Luke M. Scrivanich sold 23,911 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $36.37, for a total transaction of $869,643.07. Following the completion of the transaction, the senior vice president owned 39,598 shares of the company’s stock, valued at approximately $1,440,179.26. The trade was a 37.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 71,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $46.12, for a total value of $3,274,520.00. Following the sale, the director owned 71,497 shares of the company’s stock, valued at approximately $3,297,441.64. This represents a 49.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 152,796 shares of company stock valued at $6,246,532 over the last ninety days. Company insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Viavi Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VIAV. BlackRock Inc. bought a new position in Viavi Solutions in the 2nd quarter valued at about $1,228,529,000. Capital World Investors increased its stake in Viavi Solutions by 4.4% in the fourth quarter. Capital World Investors now owns 15,620,410 shares of the communications equipment provider’s stock valued at $278,356,000 after acquiring an additional 664,956 shares during the last quarter. California State Teachers Retirement System increased its stake in Viavi Solutions by 4,790.6% in the second quarter. California State Teachers Retirement System now owns 12,773,316 shares of the communications equipment provider’s stock valued at $609,926,000 after acquiring an additional 12,512,136 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Viavi Solutions by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider’s stock valued at $86,875,000 after purchasing an additional 231,570 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Viavi Solutions by 0.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 6,673,145 shares of the communications equipment provider’s stock valued at $118,915,000 after purchasing an additional 33,463 shares in the last quarter. 95.54% of the stock is owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.