Viavi Solutions Inc. $VIAV Holdings Boosted by Dean Capital Management

Dean Capital Management raised its position in Viavi Solutions Inc. (NASDAQ:VIAV) by 10.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 221,405 shares of the communications equipment provider’s stock after acquiring an additional 20,686 shares during the period. Viavi Solutions makes up 1.7% of Dean Capital Management’s investment portfolio, making the stock its 4th largest holding. Dean Capital Management owned 0.10% of Viavi Solutions worth $3,945,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VIAV. Lido Advisors LLC raised its holdings in Viavi Solutions by 2.0% during the fourth quarter. Lido Advisors LLC now owns 24,555 shares of the communications equipment provider’s stock worth $438,000 after purchasing an additional 473 shares in the last quarter. Maryland State Retirement & Pension System boosted its holdings in Viavi Solutions by 1.5% in the 4th quarter. Maryland State Retirement & Pension System now owns 32,572 shares of the communications equipment provider’s stock valued at $580,000 after purchasing an additional 478 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Viavi Solutions by 1.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 51,094 shares of the communications equipment provider’s stock valued at $910,000 after purchasing an additional 800 shares in the last quarter. GAMMA Investing LLC increased its position in Viavi Solutions by 25.8% during the 4th quarter. GAMMA Investing LLC now owns 4,123 shares of the communications equipment provider’s stock worth $73,000 after purchasing an additional 845 shares during the period. Finally, Johnson Financial Group Inc. increased its position in Viavi Solutions by 29.1% during the 4th quarter. Johnson Financial Group Inc. now owns 4,427 shares of the communications equipment provider’s stock worth $79,000 after purchasing an additional 997 shares during the period. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Oleg Khaykin sold 136,547 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $51.82, for a total value of $7,075,865.54. Following the sale, the chief executive officer directly owned 1,188,798 shares in the company, valued at $61,603,512.36. The trade was a 10.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Luke M. Scrivanich sold 10,693 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $53.00, for a total transaction of $566,729.00. Following the completion of the sale, the senior vice president directly owned 39,287 shares in the company, valued at approximately $2,082,211. The trade was a 21.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 450,369 shares of company stock valued at $23,789,119 in the last three months. 1.80% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently commented on the company. Weiss Ratings raised Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Needham & Company LLC upped their price objective on Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Wall Street Zen upgraded Viavi Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Rosenblatt Securities reissued a “buy” rating and issued a $70.00 target price on shares of Viavi Solutions in a report on Wednesday, June 10th. Finally, Susquehanna boosted their target price on shares of Viavi Solutions from $25.00 to $65.00 and gave the stock a “positive” rating in a research report on Thursday, April 30th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $42.75.

Viavi Solutions Price Performance

VIAV stock opened at $47.17 on Friday. The firm has a 50 day moving average of $48.40 and a 200-day moving average of $33.06. Viavi Solutions Inc. has a 12-month low of $9.28 and a 12-month high of $60.43. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99. The company has a market cap of $11.03 billion, a price-to-earnings ratio of -196.53 and a beta of 1.18.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. The business had revenue of $406.80 million for the quarter, compared to analyst estimates of $393.80 million. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The company’s quarterly revenue was up 42.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.15 EPS. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. As a group, equities analysts expect that Viavi Solutions Inc. will post 0.73 EPS for the current fiscal year.

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.