Public Sector Pension Investment Board Has $11.05 Million Stock Position in Viavi Solutions Inc. $VIAV

Public Sector Pension Investment Board grew its stake in Viavi Solutions Inc. (NASDAQ:VIAV) by 14.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 870,753 shares of the communications equipment provider’s stock after purchasing an additional 109,741 shares during the period. Public Sector Pension Investment Board’s holdings in Viavi Solutions were worth $11,050,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of VIAV. GAMMA Investing LLC lifted its holdings in shares of Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock valued at $42,000 after acquiring an additional 825 shares during the period. Covestor Ltd increased its position in shares of Viavi Solutions by 22.9% during the 3rd quarter. Covestor Ltd now owns 3,631 shares of the communications equipment provider’s stock worth $46,000 after purchasing an additional 676 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Viavi Solutions by 32.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock valued at $47,000 after purchasing an additional 898 shares during the last quarter. Vise Technologies Inc. acquired a new position in Viavi Solutions in the second quarter valued at about $128,000. Finally, Smartleaf Asset Management LLC grew its stake in Viavi Solutions by 12.7% during the third quarter. Smartleaf Asset Management LLC now owns 10,835 shares of the communications equipment provider’s stock worth $136,000 after buying an additional 1,224 shares during the last quarter. Institutional investors own 95.54% of the company’s stock.

Insider Buying and Selling at Viavi Solutions

In related news, SVP Kevin Christopher Siebert sold 24,225 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $18.26, for a total transaction of $442,348.50. Following the completion of the sale, the senior vice president directly owned 49,225 shares of the company’s stock, valued at $898,848.50. The trade was a 32.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Oleg Khaykin sold 85,836 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $17.63, for a total transaction of $1,513,288.68. Following the completion of the transaction, the chief executive officer directly owned 2,025,005 shares in the company, valued at approximately $35,700,838.15. The trade was a 4.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 816,478 shares of company stock worth $18,252,526 over the last quarter. Company insiders own 1.80% of the company’s stock.

Viavi Solutions Stock Down 0.8%

Shares of VIAV opened at $26.29 on Monday. The business’s fifty day moving average price is $20.25 and its two-hundred day moving average price is $15.88. The firm has a market capitalization of $6.08 billion, a price-to-earnings ratio of -146.05 and a beta of 0.95. Viavi Solutions Inc. has a 52 week low of $8.10 and a 52 week high of $28.15. 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 (NASDAQ:VIAV) last issued its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The business had revenue of $369.30 million for the quarter, compared to analyst estimates of $365.25 million. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The firm’s revenue for the quarter was up 36.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.13 earnings per share. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, analysts predict that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on VIAV. Argus raised their price objective on shares of Viavi Solutions from $16.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Wall Street Zen cut Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. Weiss Ratings reissued a “sell (d)” rating on shares of Viavi Solutions in a research note on Monday, December 29th. UBS Group increased their target price on Viavi Solutions from $12.00 to $17.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Finally, Rosenblatt Securities set a $27.00 price target on Viavi Solutions in a 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 given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

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.