100,000 Shares in Viavi Solutions Inc. $VIAV Acquired by Divisar Capital Management LLC

Divisar Capital Management LLC bought a new stake in shares of Viavi Solutions Inc. (NASDAQ:VIAV) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 100,000 shares of the communications equipment provider’s stock, valued at approximately $1,269,000. Viavi Solutions comprises 0.3% of Divisar Capital Management LLC’s holdings, making the stock its 25th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of VIAV. GAMMA Investing LLC boosted its stake in shares of Viavi Solutions by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after buying an additional 825 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in Viavi Solutions during the third quarter valued at $44,000. Covestor Ltd increased its position 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 acquiring an additional 676 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in Viavi Solutions by 32.0% in the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after acquiring an additional 898 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in Viavi Solutions by 12.7% in the third quarter. Smartleaf Asset Management LLC now owns 10,835 shares of the communications equipment provider’s stock worth $136,000 after purchasing an additional 1,224 shares during the last quarter. 95.54% of the stock is owned by institutional investors.

Insider Activity at Viavi Solutions

In other Viavi Solutions news, SVP Gary W. Staley sold 24,237 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $23.93, for a total value of $579,991.41. Following the completion of the transaction, the senior vice president directly owned 136,267 shares in the company, valued at $3,260,869.31. This represents a 15.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Oleg Khaykin sold 74,315 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $26.48, for a total transaction of $1,967,861.20. Following the completion of the transaction, the chief executive officer owned 1,849,437 shares of the company’s stock, valued at approximately $48,973,091.76. The trade was a 3.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 485,772 shares of company stock worth $12,736,803 in the last ninety days. Insiders own 1.80% of the company’s stock.

Viavi Solutions Stock Performance

Shares of VIAV opened at $29.97 on Monday. The business has a 50-day simple moving average of $24.75 and a two-hundred day simple moving average of $18.53. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46. Viavi Solutions Inc. has a 52 week low of $8.10 and a 52 week high of $35.61. The stock has a market cap of $6.93 billion, a price-to-earnings ratio of -166.49 and a beta of 0.91.

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 firm had revenue of $369.30 million for the quarter, compared to analysts’ expectations of $365.25 million. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The business’s quarterly revenue was up 36.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, analysts expect that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Analyst Upgrades and Downgrades

VIAV has been the subject of a number of recent research reports. Susquehanna boosted their price target on Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a research note on Thursday, January 29th. Wall Street Zen downgraded shares of Viavi Solutions from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Stifel Nicolaus boosted their target price on shares of Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. B. Riley Financial upped their target price on shares of Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a report on Monday, January 26th. Finally, Rosenblatt Securities set a $27.00 price target on shares of Viavi Solutions in a research report on Thursday, January 29th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $23.13.

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.