Dean Capital Management Purchases 38,535 Shares of Viavi Solutions Inc. $VIAV

Dean Capital Management lifted its position in Viavi Solutions Inc. (NASDAQ:VIAV) by 23.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 200,719 shares of the communications equipment provider’s stock after purchasing an additional 38,535 shares during the quarter. Viavi Solutions accounts for about 1.0% of Dean Capital Management’s holdings, making the stock its 29th largest holding. Dean Capital Management owned approximately 0.09% of Viavi Solutions worth $2,547,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Divisar Capital Management LLC purchased a new position in shares of Viavi Solutions during the 3rd quarter valued at about $1,269,000. Bridgefront Capital LLC purchased a new stake in Viavi Solutions in the third quarter worth approximately $780,000. Boothbay Fund Management LLC grew its position in Viavi Solutions by 352.4% during the third quarter. Boothbay Fund Management LLC now owns 184,980 shares of the communications equipment provider’s stock valued at $2,347,000 after acquiring an additional 144,090 shares during the last quarter. Aquatic Capital Management LLC purchased a new position in shares of Viavi Solutions during the third quarter worth approximately $1,542,000. Finally, Alliancebernstein L.P. raised its stake in shares of Viavi Solutions by 1.4% during the third quarter. Alliancebernstein L.P. now owns 266,371 shares of the communications equipment provider’s stock worth $3,380,000 after acquiring an additional 3,580 shares in the last quarter. 95.54% of the stock is currently owned by institutional investors.

Insider Transactions at Viavi Solutions

In other news, CEO Oleg Khaykin sold 74,315 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were 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 directly owned 1,849,437 shares of the company’s stock, valued at approximately $48,973,091.76. This represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Gary W. Staley sold 24,237 shares of the stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $23.93, for a total transaction of $579,991.41. Following the sale, the senior vice president owned 136,267 shares of the company’s stock, valued at approximately $3,260,869.31. This represents a 15.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 485,772 shares of company stock worth $12,736,803 in the last 90 days. Corporate insiders own 1.80% of the company’s stock.

Viavi Solutions Stock Up 0.7%

Shares of Viavi Solutions stock opened at $29.97 on Monday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.32 and a current ratio of 2.61. Viavi Solutions Inc. has a 52-week low of $8.10 and a 52-week high of $35.61. The stock has a market capitalization of $6.93 billion, a price-to-earnings ratio of -166.49 and a beta of 0.91. The company’s 50 day moving average price is $24.75 and its 200-day moving average price is $18.53.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The company 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 13.03%. The firm’s revenue was up 36.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Equities research analysts forecast that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. Wall Street Zen cut shares of Viavi Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Needham & Company LLC boosted their price target on shares of Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Rosenblatt Securities set a $27.00 price target on shares of Viavi Solutions in a research report on Thursday, January 29th. Finally, B. Riley Financial lifted their price objective on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Viavi Solutions presently has an average rating of “Moderate Buy” and an average price target of $23.13.

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.