Viavi Solutions Inc. (NASDAQ:VIAV – Get Free Report) CEO Oleg Khaykin sold 70,566 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $26.27, for a total value of $1,853,768.82. Following the sale, the chief executive officer directly owned 1,708,871 shares of the company’s stock, valued at $44,892,041.17. This trade represents a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Oleg Khaykin also recently made the following trade(s):
- On Thursday, February 5th, Oleg Khaykin sold 70,000 shares of Viavi Solutions stock. The shares were sold at an average price of $24.50, for a total value of $1,715,000.00.
- On Wednesday, February 4th, Oleg Khaykin sold 74,315 shares of Viavi Solutions stock. The stock was sold at an average price of $26.48, for a total value of $1,967,861.20.
- On Tuesday, December 2nd, Oleg Khaykin sold 68,810 shares of Viavi Solutions stock. The stock was sold at an average price of $17.77, for a total transaction of $1,222,753.70.
- On Monday, December 1st, Oleg Khaykin sold 85,836 shares of Viavi Solutions stock. The stock was sold at an average price of $17.63, for a total transaction of $1,513,288.68.
Viavi Solutions Stock Up 4.2%
VIAV stock opened at $26.38 on Friday. The company has a current ratio of 2.61, a quick ratio of 2.32 and a debt-to-equity ratio of 1.46. Viavi Solutions Inc. has a 1 year low of $8.10 and a 1 year high of $26.84. The company has a fifty day simple moving average of $19.32 and a 200 day simple moving average of $15.22. The firm has a market cap of $6.10 billion, a PE ratio of -146.55 and a beta of 0.96.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on VIAV shares. UBS Group boosted their price objective on shares of Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. B. Riley Financial boosted their target price on shares of Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Wall Street Zen cut shares of Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. Rosenblatt Securities set a $27.00 price objective on Viavi Solutions in a research note on Thursday, January 29th. Finally, Argus boosted their price objective on Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Six investment 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. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $22.13.
View Our Latest Stock Report on Viavi Solutions
Key Viavi Solutions News
Here are the key news stories impacting Viavi Solutions this week:
- Positive Sentiment: Earnings and guidance beat — Viavi reported a January quarter that topped EPS and revenue estimates and gave upbeat near‑term guidance, supporting the stock’s rally. MarketBeat: VIAV profile & earnings
- Positive Sentiment: Analyst upgrades/price-target increases — Several firms (Needham, B. Riley, Rosenblatt) have raised targets or reiterated buy ratings, lifting sentiment and expected upside. MarketBeat: analyst coverage
- Positive Sentiment: Institutional accumulation — Large hedge funds and asset managers (Arrowstreet, Millennium, Schroder, others) materially increased positions last quarter, signaling conviction from institutional investors. MarketBeat: institutional ownership
- Neutral Sentiment: Technical and balance-sheet context — The stock is well above its 50‑ and 200‑day moving averages and near its 52‑week high; liquidity and leverage metrics are moderate (current ratio ~2.6, debt/equity ~1.46). MarketBeat: price & fundamentals
- Negative Sentiment: Significant insider selling — CEO Oleg Khaykin sold large blocks (70k+ shares across Feb 4–6) and SVP Gary Staley also sold meaningful holdings, which may pressure sentiment or supply in the near term. SEC filings: CEO Feb 6 sale Form 4 CEO Feb 6, CEO Feb 5 sale Form 4 CEO Feb 5, SVP sale alert InsiderTrades alert
Hedge Funds Weigh In On Viavi Solutions
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Covestor Ltd lifted its position in shares of Viavi Solutions by 22.9% in the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after acquiring an additional 676 shares during the period. Lido Advisors LLC raised its stake in shares of Viavi Solutions by 3.0% in the third quarter. Lido Advisors LLC now owns 24,082 shares of the communications equipment provider’s stock valued at $306,000 after purchasing an additional 697 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in Viavi Solutions by 1.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 51,094 shares of the communications equipment provider’s stock worth $910,000 after purchasing an additional 800 shares during the period. GAMMA Investing LLC lifted its position in Viavi Solutions by 33.6% in the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after purchasing an additional 825 shares during the period. Finally, Nisa Investment Advisors LLC boosted its stake in Viavi Solutions by 32.0% during the third quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after buying an additional 898 shares in the last quarter. 95.54% of the stock is currently owned by institutional investors.
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.
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