Teacher Retirement System of Texas Sells 81,479 Shares of Viavi Solutions Inc. $VIAV

Teacher Retirement System of Texas trimmed its holdings in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 31.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 180,322 shares of the communications equipment provider’s stock after selling 81,479 shares during the period. Teacher Retirement System of Texas’ holdings in Viavi Solutions were worth $2,288,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Penserra Capital Management LLC bought a new position in Viavi Solutions during the 2nd quarter worth approximately $7,764,000. Oak Ridge Investments LLC bought a new stake in Viavi Solutions in the third quarter valued at approximately $3,855,000. Assenagon Asset Management S.A. boosted its stake in shares of Viavi Solutions by 29.5% during the third quarter. Assenagon Asset Management S.A. now owns 974,906 shares of the communications equipment provider’s stock valued at $12,372,000 after purchasing an additional 221,949 shares during the period. Robeco Institutional Asset Management B.V. bought a new position in shares of Viavi Solutions in the third quarter worth approximately $1,442,000. Finally, Inspire Investing LLC bought a new position in shares of Viavi Solutions in the third quarter worth approximately $1,096,000. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Insider Buying and Selling

In other news, SVP Kevin Christopher Siebert sold 24,225 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $18.26, for a total transaction of $442,348.50. Following the sale, the senior vice president owned 49,225 shares in the company, valued at approximately $898,848.50. The trade was a 32.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Keith Barnes sold 121,467 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $18.18, for a total transaction of $2,208,270.06. Following the completion of the sale, the director directly owned 27,213 shares in the company, valued at $494,732.34. This represents a 81.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 606,226 shares of company stock worth $10,714,820 over the last quarter. Company insiders own 1.80% of the company’s stock.

Viavi Solutions Trading Up 17.5%

Shares of VIAV opened at $24.70 on Friday. Viavi Solutions Inc. has a 1-year low of $8.10 and a 1-year high of $24.95. The company has a current ratio of 1.99, a quick ratio of 1.74 and a debt-to-equity ratio of 0.88. The firm’s 50-day moving average price is $18.36 and its 200-day moving average price is $14.59. The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of -137.21 and a beta of 0.94.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings data on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The business had revenue of $369.30 million during the quarter, compared to analyst estimates of $365.25 million. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.43%. Viavi Solutions’s quarterly revenue was up 36.4% compared to the same quarter last year. During the same period last year, the business posted $0.13 earnings per share. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Sell-side analysts anticipate that Viavi Solutions Inc. will post 0.26 EPS for the current year.

More Viavi Solutions News

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

• Positive Sentiment: Q2 results beat across the board: EPS and revenue topped estimates and revenue grew ~36% YoY, driven by data center, 5G and defense demand. Viavi Q2 Earnings Beat Estimates
• Positive Sentiment: Company raised Q3 revenue guidance to $386M–$400M (well above consensus) and signaled continued data center and aerospace momentum — the main driver cited for the stronger outlook. Viavi anticipates $386M–$400M Q3 revenue
• Positive Sentiment: Analysts reacted with multiple price‑target increases (Needham to $28, Susquehanna to $25, Stifel to $24), signaling stronger sell‑side conviction after the print and guidance. Analyst price target moves
• Positive Sentiment: Company product/segment progress: Viavi’s Inertial Labs unit launched an IRINS LEO‑aided inertial navigation system targeting denied/degraded environments — reinforces defense/aerospace revenue exposure. Inertial Labs launches IRINS
• Neutral Sentiment: Management commentary and full earnings call transcripts provide details on mix, backlog and margin levers (useful for modeling but not a surprise beyond the guidance). Earnings call transcript (Fool)
• Neutral Sentiment: Operational action: company plans a ~5% workforce reduction — reduces expense base but may be viewed variably by investors. Workforce reduction reported
• Negative Sentiment: Valuation/expectations risk: the rally increases expectations (high P/E vs. history), so future earnings misses or a slowdown in data‑center orders could pressure the stock. Deep dive & risks (Yahoo Finance)

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Rosenblatt Securities set a $27.00 price target on shares of Viavi Solutions in a report on Thursday. Argus upped their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. B. Riley boosted their price target on Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a report on Monday. Finally, Needham & Company LLC upped their price target on Viavi Solutions from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday. Seven equities 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 company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $21.22.

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.