Viavi Solutions (NASDAQ:VIAV) CEO Oleg Khaykin Sells 34,024 Shares

Viavi Solutions Inc. (NASDAQ:VIAV) CEO Oleg Khaykin sold 34,024 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $54.07, for a total value of $1,839,677.68. Following the completion of the sale, the chief executive officer directly owned 1,448,678 shares of the company’s stock, valued at $78,330,019.46. The trade was a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Oleg Khaykin also recently made the following trade(s):

• On Tuesday, May 5th, Oleg Khaykin sold 20,238 shares of Viavi Solutions stock. The stock was sold at an average price of $54.77, for a total transaction of $1,108,435.26.
• On Tuesday, May 5th, Oleg Khaykin sold 104,552 shares of Viavi Solutions stock. The stock was sold at an average price of $54.61, for a total transaction of $5,709,584.72.
• On Tuesday, February 10th, Oleg Khaykin sold 20,000 shares of Viavi Solutions stock. The shares were sold at an average price of $27.51, for a total transaction of $550,200.00.
• On Tuesday, February 10th, Oleg Khaykin sold 42,767 shares of Viavi Solutions stock. The shares were sold at an average price of $27.50, for a total transaction of $1,176,092.50.
• On Monday, February 9th, Oleg Khaykin sold 73,250 shares of Viavi Solutions stock. The stock was sold at an average price of $26.25, for a total transaction of $1,922,812.50.
• On Friday, February 6th, Oleg Khaykin sold 70,566 shares of Viavi Solutions stock. The stock was sold at an average price of $26.27, for a total transaction of $1,853,768.82.

Viavi Solutions Trading Down 3.7%

NASDAQ:VIAV opened at $51.05 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61. The firm has a market cap of $11.94 billion, a price-to-earnings ratio of -212.70 and a beta of 1.22. Viavi Solutions Inc. has a 52 week low of $8.87 and a 52 week high of $60.43. The firm has a 50-day moving average price of $37.76 and a two-hundred day moving average price of $25.82.

Viavi Solutions (NASDAQ:VIAV) last announced its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $406.80 million for the quarter, compared to the consensus estimate of $393.80 million. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The company’s revenue was up 42.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 EPS. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. On average, equities analysts expect that Viavi Solutions Inc. will post 0.71 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Viavi Solutions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VIAV. Hollencrest Capital Management grew its stake in Viavi Solutions by 15,584.5% in the 1st quarter. Hollencrest Capital Management now owns 9,097 shares of the communications equipment provider’s stock valued at $303,000 after buying an additional 9,039 shares in the last quarter. Swiss National Bank raised its holdings in Viavi Solutions by 0.6% during the 1st quarter. Swiss National Bank now owns 441,600 shares of the communications equipment provider’s stock valued at $14,696,000 after acquiring an additional 2,600 shares during the period. Jennison Associates LLC purchased a new stake in shares of Viavi Solutions during the first quarter worth $22,779,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Viavi Solutions during the first quarter worth $75,294,000. Finally, Maryland State Retirement & Pension System boosted its holdings in shares of Viavi Solutions by 3.6% in the first quarter. Maryland State Retirement & Pension System now owns 33,756 shares of the communications equipment provider’s stock worth $1,123,000 after acquiring an additional 1,184 shares during the period. 95.54% of the stock is currently owned by institutional investors.

Trending Headlines about Viavi Solutions

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

• Positive Sentiment: Analyst support: Several brokers raised targets and estimates after Q1 (Susquehanna, B. Riley, Needham, plus a raise to FY26 EPS from Northland), lifting professional earnings expectations and underpinning the fundamental outlook. Read More.
• Positive Sentiment: Momentum/sector story: A Zacks feature highlights Viavi as a momentum buy on strength from AI and data‑center demand — likely to attract momentum and thematic flows. Read More.
• Positive Sentiment: Product catalyst: Viavi announced a test platform aimed at adding security for inference and AI data centers, reinforcing relevance to hyperscalers and the AI buildout. This is a tangible product-level growth story for the Optical/Network segments. Read More.
• Neutral Sentiment: Background/earnings recap: Coverage from The Globe & Mail and MSN summarizes Q1 takeaways and analyst Q&A — useful context but not fresh catalysts by itself. Read More.
• Negative Sentiment: Clustered insider selling: Multiple senior insiders sold material blocks in early May — CEO Oleg Khaykin disclosed very large sales (including ~104,552 shares at ~$54.61 plus additional blocks), and other officers/directors (SVP Luke Scrivanich, EVP Paul McNab, director Doug Gilstrap) also sold. The concentrated timing and size likely increased downward pressure on the stock. Read More.
• Negative Sentiment: Market narrative impact: News outlets and market commentaries flagged the insider activity as a focal point, amplifying investor concern that these sales signal management monetization despite favorable demand trends. Read More.
• Negative Sentiment: Profitability caution: Some analysts and commentary (e.g., Seeking Alpha) warn that AI/data‑center excitement may outpace sustainable profitability — a reminder that GAAP/margin dynamics and cyclicality matter for longer‑term valuation. Read More.

Analysts Set New Price Targets

VIAV has been the topic of a number of recent analyst reports. Rosenblatt Securities lifted their target price on Viavi Solutions from $27.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. Wall Street Zen upgraded shares of Viavi Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Viavi Solutions in a research report on Wednesday, April 29th. Needham & Company LLC boosted their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Finally, Stifel Nicolaus increased 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. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $39.25.

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.