Oleg Khaykin Sells 42,767 Shares of Viavi Solutions (NASDAQ:VIAV) Stock

Viavi Solutions Inc. (NASDAQ:VIAV) CEO Oleg Khaykin sold 42,767 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $27.50, for a total transaction of $1,176,092.50. Following the transaction, the chief executive officer owned 1,592,854 shares of the company’s stock, valued at $43,803,485. This trade represents a 2.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

• 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 value of $550,200.00.
• 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 value of $1,922,812.50.
• On Friday, February 6th, Oleg Khaykin sold 70,566 shares of Viavi Solutions stock. The shares were sold at an average price of $26.27, for a total transaction of $1,853,768.82.
• On Thursday, February 5th, Oleg Khaykin sold 70,000 shares of Viavi Solutions stock. The stock was sold at an average price of $24.50, for a total transaction 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 transaction of $1,967,861.20.
• On Tuesday, December 2nd, Oleg Khaykin sold 68,810 shares of Viavi Solutions stock. The shares were 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 Trading Down 1.5%

NASDAQ VIAV traded down $0.42 on Wednesday, reaching $26.91. The company had a trading volume of 2,053,035 shares, compared to its average volume of 4,911,381. The firm has a market cap of $6.23 billion, a price-to-earnings ratio of -149.35 and a beta of 0.96. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32. Viavi Solutions Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $27.90. The business has a 50 day moving average of $19.72 and a two-hundred day moving average of $15.53.

Viavi Solutions (NASDAQ:VIAV) last released 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 firm 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 business’s revenue was up 36.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Analysts forecast that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Institutional Investors Weigh In On Viavi Solutions

A number of institutional investors and hedge funds have recently made changes to their positions in VIAV. State of Wyoming purchased a new stake in shares of Viavi Solutions in the fourth quarter worth approximately $34,000. GAMMA Investing LLC grew its holdings in Viavi Solutions by 33.6% during the third quarter. GAMMA Investing LLC now owns 3,278 shares of the communications equipment provider’s stock worth $42,000 after buying an additional 825 shares in the last quarter. Johnson Financial Group Inc. purchased a new stake in Viavi Solutions in the 3rd quarter valued at $44,000. Covestor Ltd boosted its holdings in 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 acquiring an additional 676 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in shares of Viavi Solutions by 32.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,707 shares of the communications equipment provider’s stock worth $47,000 after acquiring an additional 898 shares in the last quarter. Institutional investors and hedge funds own 95.54% of the company’s stock.

Wall Street Analyst Weigh In

VIAV has been the subject of a number of analyst reports. Needham & Company LLC lifted their target price on shares of Viavi Solutions from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Stifel Nicolaus lifted their price objective on Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Wall Street Zen lowered Viavi Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 18th. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Finally, Rosenblatt Securities set a $27.00 price target on Viavi Solutions in a research note on Thursday, January 29th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Viavi Solutions currently 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.