Viavi Solutions Inc. (NASDAQ:VIAV) SVP Susan Louise Spradley sold 3,981 shares of Viavi Solutions stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $7.89, for a total value of $31,410.09. Following the transaction, the senior vice president now directly owns 11,257 shares in the company, valued at $88,817.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Susan Louise Spradley also recently made the following trade(s):

  • On Monday, September 12th, Susan Louise Spradley sold 15,766 shares of Viavi Solutions stock. The stock was sold at an average price of $7.50, for a total value of $118,245.00.

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) opened at 8.05 on Friday. Viavi Solutions Inc. has a one year low of $4.68 and a one year high of $8.07. The stock’s 50 day moving average price is $7.47 and its 200 day moving average price is $7.19. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 39.46 and a beta of 1.59.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings results on Tuesday, November 1st. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. Viavi Solutions had a return on equity of 8.25% and a net margin of 5.16%. The business had revenue of $210.80 million for the quarter, compared to analyst estimates of $208.14 million. During the same quarter in the prior year, the firm posted $0.08 earnings per share. The firm’s revenue for the quarter was down 8.2% compared to the same quarter last year. Analysts expect that Viavi Solutions Inc. will post $0.33 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Viavi Solutions (NASDAQ:VIAV)

VIAV has been the topic of a number of analyst reports. B. Riley reissued a “neutral” rating and issued a $6.75 price target on shares of Viavi Solutions in a research note on Wednesday, August 10th. Jefferies Group lifted their price target on Viavi Solutions from $5.75 to $7.00 and gave the stock a “hold” rating in a research note on Friday, August 12th. Morgan Stanley reissued a “hold” rating and issued a $6.00 price target on shares of Viavi Solutions in a research note on Friday, August 12th. Needham & Company LLC reissued a “hold” rating on shares of Viavi Solutions in a research note on Monday, August 15th. Finally, Zacks Investment Research raised Viavi Solutions from a “hold” rating to a “buy” rating and set a $8.50 price target on the stock in a research note on Wednesday, August 17th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $7.83.

A number of large investors have recently added to or reduced their stakes in VIAV. DIAM Co. Ltd. increased its stake in shares of Viavi Solutions by 3.5% in the second quarter. DIAM Co. Ltd. now owns 38,800 shares of the company’s stock valued at $257,000 after buying an additional 1,300 shares during the period. SG Americas Securities LLC boosted its position in Viavi Solutions by 15.4% in the second quarter. SG Americas Securities LLC now owns 1,058,670 shares of the company’s stock valued at $7,019,000 after buying an additional 141,461 shares in the last quarter. Emerald Acquisition Ltd. purchased a new position in Viavi Solutions during the second quarter valued at $9,786,000. Societe Generale purchased a new position in Viavi Solutions during the second quarter valued at $7,019,000. Finally, Chicago Equity Partners LLC boosted its position in Viavi Solutions by 13.0% in the second quarter. Chicago Equity Partners LLC now owns 487,350 shares of the company’s stock valued at $3,231,000 after buying an additional 56,040 shares in the last quarter. Institutional investors and hedge funds own 88.08% of the company’s stock.

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Viavi Solutions Company Profile

Viavi Solutions Inc (Viavi) is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems. The Company also offers thin film optical coatings, providing light management solutions to anti-counterfeiting, consumer and industrial, government and healthcare and other markets.

5 Day Chart for NASDAQ:VIAV

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