Viavi Solutions Inc. $VIAV Shares Sold by GW&K Investment Management LLC

GW&K Investment Management LLC cut its holdings in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 11.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,823,585 shares of the communications equipment provider’s stock after selling 380,222 shares during the period. GW&K Investment Management LLC owned 1.27% of Viavi Solutions worth $35,832,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in Viavi Solutions by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,846,226 shares of the communications equipment provider’s stock worth $86,875,000 after purchasing an additional 231,570 shares during the period. Picton Mahoney Asset Management purchased a new stake in shares of Viavi Solutions in the third quarter valued at about $1,013,000. Legato Capital Management LLC raised its holdings in shares of Viavi Solutions by 23.7% in the third quarter. Legato Capital Management LLC now owns 125,636 shares of the communications equipment provider’s stock valued at $1,594,000 after buying an additional 24,086 shares during the last quarter. 111 Capital acquired a new stake in shares of Viavi Solutions during the third quarter worth about $251,000. Finally, Fisher Asset Management LLC grew its holdings in shares of Viavi Solutions by 14.2% during the third quarter. Fisher Asset Management LLC now owns 469,354 shares of the communications equipment provider’s stock worth $5,956,000 after buying an additional 58,364 shares during the last quarter. 95.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VIAV. Stifel Nicolaus boosted their price target on Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Susquehanna lifted their target price on Viavi Solutions from $18.00 to $25.00 and gave the company a “positive” rating in a research note on Thursday, January 29th. Rosenblatt Securities set a $27.00 target price on Viavi Solutions in a report on Thursday, January 29th. Wall Street Zen downgraded Viavi Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. Finally, B. Riley Financial lifted their price objective on shares of Viavi Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $23.13.

Viavi Solutions Stock Performance

Shares of VIAV stock opened at $31.00 on Friday. The company has a market cap of $7.17 billion, a price-to-earnings ratio of -172.21 and a beta of 0.92. The stock has a 50 day simple moving average of $23.38 and a 200-day simple moving average of $17.65. Viavi Solutions Inc. has a 12-month low of $8.10 and a 12-month high of $35.61. 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 (NASDAQ:VIAV) last posted its quarterly earnings results on Wednesday, January 28th. The communications equipment provider reported $0.22 earnings per share 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 the consensus estimate of $365.25 million. Viavi Solutions had a positive return on equity of 13.03% and a negative net margin of 3.38%.The company’s revenue for the quarter was up 36.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 earnings per share. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. On average, equities analysts forecast that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Insider Transactions at Viavi Solutions

In related news, CEO Oleg Khaykin sold 74,315 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $26.48, for a total transaction of $1,967,861.20. Following the sale, the chief executive officer owned 1,849,437 shares of the company’s stock, valued at approximately $48,973,091.76. The trade was a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Gary W. Staley sold 24,237 shares of the company’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $23.93, for a total transaction of $579,991.41. Following the transaction, the senior vice president owned 136,267 shares in the company, valued at $3,260,869.31. The trade was a 15.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 516,765 shares of company stock valued at $13,306,119 in the last ninety days. 1.80% of the stock is currently owned by company insiders.

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.