52,182 Shares in Viavi Solutions Inc. $VIAV Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in Viavi Solutions Inc. (NASDAQ:VIAV) during the third quarter, HoldingsChannel.com reports. The fund purchased 52,182 shares of the communications equipment provider’s stock, valued at approximately $662,000.

Several other hedge funds have also bought and sold shares of the stock. GAMMA Investing LLC grew its position in shares of Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after purchasing an additional 825 shares in the last quarter. Covestor Ltd boosted its stake in Viavi Solutions by 22.9% during the third quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock valued at $46,000 after buying an additional 676 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in 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 valued at $47,000 after buying an additional 898 shares during the last quarter. Vise Technologies Inc. purchased a new position in Viavi Solutions during the 2nd quarter valued at approximately $128,000. Finally, Smartleaf Asset Management LLC increased its stake in Viavi Solutions by 12.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 10,835 shares of the communications equipment provider’s stock worth $136,000 after acquiring an additional 1,224 shares during the last quarter. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on VIAV shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Stifel Nicolaus boosted their price target on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. B. Riley Financial upped their price target on shares of Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, January 26th. Rosenblatt Securities set a $27.00 price objective on shares of Viavi Solutions in a research note on Thursday, January 29th. Finally, Susquehanna boosted their target price on shares of Viavi Solutions from $18.00 to $25.00 and gave the stock a “positive” rating in a report on Thursday, January 29th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $22.13.

Viavi Solutions Stock Down 0.6%

Shares of VIAV opened at $29.71 on Friday. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46. The business has a fifty day moving average of $22.20 and a 200 day moving average of $17.03. The company has a market cap of $6.87 billion, a PE ratio of -165.05 and a beta of 0.96. Viavi Solutions Inc. has a 52-week low of $8.10 and a 52-week high of $31.42.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $369.30 million for the quarter, compared to analysts’ expectations of $365.25 million. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. The business’s revenue was up 36.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.13 earnings per share. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, sell-side analysts expect that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Insider Buying and Selling

In other news, Director Richard Belluzzo sold 15,775 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $26.85, for a total transaction of $423,558.75. Following the transaction, the director owned 211,850 shares of the company’s stock, valued at approximately $5,688,172.50. This represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Oleg Khaykin sold 42,767 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $27.50, for a total value of $1,176,092.50. Following the completion of the sale, the chief executive officer owned 1,592,854 shares in the company, valued at approximately $43,803,485. The trade was a 2.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 830,596 shares of company stock valued at $18,646,027 in the last ninety days. 1.80% of the stock is owned by company insiders.

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.