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

Viavi Solutions stock traded up $2.77 during midday trading on Tuesday, hitting $37.63. The company’s stock had a trading volume of 686,238 shares, compared to its average volume of 6,041,925. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.85 and a quick ratio of 1.62. The company has a market cap of $9.28 billion, a price-to-earnings ratio of -249.36 and a beta of 1.22. Viavi Solutions Inc. has a 1-year low of $11.55 and a 1-year high of $60.43. The company has a 50-day moving average price of $39.44 and a two-hundred day moving average price of $41.25.

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on VIAV shares. Rosenblatt Securities reissued a “buy” rating and set a $70.00 price target on shares of Viavi Solutions in a research report on Wednesday, August 19th. Wall Street Zen cut Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 29th. B. Riley Financial reduced their target price on Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Stifel Nicolaus raised their price target on Viavi Solutions from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Needham & Company LLC dropped their price target on Viavi Solutions from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.43.

Institutional Investors Weigh In On Viavi Solutions

Several large investors have recently modified their holdings of VIAV. BlackRock Inc. acquired a new stake in Viavi Solutions during the 2nd quarter worth about $1,228,529,000. California State Teachers Retirement System increased its holdings 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 worth $609,926,000 after purchasing an additional 12,512,136 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Viavi Solutions by 431.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 6,639,682 shares of the communications equipment provider’s stock valued at $84,258,000 after buying an additional 5,389,435 shares during the period. Bank of America Corp DE bought a new position in shares of Viavi Solutions during the 2nd quarter worth approximately $134,922,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in shares of Viavi Solutions during the 1st quarter worth approximately $75,294,000. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Viavi Solutions

In other news, EVP Ilan Daskal sold 56,290 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $36.29, for a total transaction of $2,042,764.10. Following the transaction, the executive vice president owned 10,132 shares in the company, valued at approximately $367,690.28. This represents a 84.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laura Black sold 71,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $46.12, for a total value of $3,274,520.00. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 152,796 shares of company stock worth $6,246,532 over the last quarter. 1.80% of the stock is currently owned by insiders.

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.