Intech Investment Management LLC Sells 35,537 Shares of Viavi Solutions Inc. $VIAV

Intech Investment Management LLC decreased its holdings in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 29.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,620 shares of the communications equipment provider’s stock after selling 35,537 shares during the period. Intech Investment Management LLC’s holdings in Viavi Solutions were worth $1,074,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Schroder Investment Management Group raised its holdings in shares of Viavi Solutions by 16.6% in the 2nd quarter. Schroder Investment Management Group now owns 8,213,451 shares of the communications equipment provider’s stock worth $82,709,000 after acquiring an additional 1,166,547 shares during the last quarter. Tributary Capital Management LLC boosted its stake in Viavi Solutions by 92.9% during the 3rd quarter. Tributary Capital Management LLC now owns 2,207,642 shares of the communications equipment provider’s stock valued at $28,015,000 after purchasing an additional 1,063,330 shares during the last quarter. Westerly Capital Management LLC boosted its stake in Viavi Solutions by 12.7% during the 2nd quarter. Westerly Capital Management LLC now owns 2,175,000 shares of the communications equipment provider’s stock valued at $21,902,000 after purchasing an additional 245,000 shares during the last quarter. Leeward Investments LLC MA increased its holdings in Viavi Solutions by 11.5% during the 3rd quarter. Leeward Investments LLC MA now owns 1,632,534 shares of the communications equipment provider’s stock worth $20,717,000 after purchasing an additional 168,847 shares in the last quarter. Finally, Aberdeen Group plc bought a new stake in Viavi Solutions during the 3rd quarter worth approximately $20,110,000. 95.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Rosenblatt Securities set a $27.00 target price on Viavi Solutions in a report on Thursday, January 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of Viavi Solutions in a report on Monday, December 29th. Wall Street Zen cut Viavi Solutions from a “buy” rating to a “hold” rating in a research note on Saturday. Stifel Nicolaus lifted their price objective on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, B. Riley Financial upped their target price on shares of Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $23.13.

Viavi Solutions Price Performance

Viavi Solutions stock opened at $27.88 on Friday. Viavi Solutions Inc. has a 52 week low of $8.10 and a 52 week high of $35.61. The company’s 50 day moving average price is $23.57 and its two-hundred day moving average price is $17.82. The stock has a market cap of $6.45 billion, a P/E ratio of -154.88 and a beta of 0.92. The company has a quick ratio of 2.32, a current ratio of 2.61 and a debt-to-equity ratio of 1.46.

Viavi Solutions (NASDAQ:VIAV) last released its 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 company had revenue of $369.30 million during 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%.Viavi Solutions’s quarterly revenue was up 36.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.13 earnings per share. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, equities analysts predict that Viavi Solutions Inc. will post 0.26 earnings per share for the current year.

Insiders Place Their Bets

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 24,225 shares of the company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $18.26, for a total value of $442,348.50. Following the completion of the transaction, the senior vice president owned 49,225 shares in the company, valued at $898,848.50. This represents a 32.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Gary W. Staley sold 24,237 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $23.93, for a total value of $579,991.41. Following the sale, the senior vice president directly owned 136,267 shares of the company’s stock, valued at approximately $3,260,869.31. This represents a 15.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 516,765 shares of company stock valued at $13,306,119. Insiders own 1.80% of the company’s stock.

Viavi Solutions 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.