Global Retirement Partners LLC Grows Position in Viavi Solutions Inc. $VIAV

Global Retirement Partners LLC boosted its stake in Viavi Solutions Inc. (NASDAQ:VIAV) by 781.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,097 shares of the communications equipment provider’s stock after buying an additional 11,611 shares during the quarter. Global Retirement Partners LLC’s holdings in Viavi Solutions were worth $233,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VIAV. Johnson Financial Group Inc. purchased a new stake in shares of Viavi Solutions during the 3rd quarter valued at $44,000. GAMMA Investing LLC increased its position in shares of Viavi Solutions by 25.8% during the 4th quarter. GAMMA Investing LLC now owns 4,123 shares of the communications equipment provider’s stock valued at $73,000 after purchasing an additional 845 shares during the last quarter. Swiss Life Asset Management Ltd purchased a new stake in shares of Viavi Solutions during the 3rd quarter valued at $133,000. Smartleaf Asset Management LLC increased its position in shares of Viavi Solutions by 12.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 10,835 shares of the communications equipment provider’s stock valued at $136,000 after purchasing an additional 1,224 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of Viavi Solutions during the 3rd quarter valued at $136,000. 95.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Rosenblatt Securities raised their target price on Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. B. Riley Financial raised their target price on Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Wall Street Zen raised Viavi Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group raised their target price on Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings raised Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $39.25.

Viavi Solutions Price Performance

NASDAQ VIAV opened at $48.56 on Monday. The company has a market cap of $11.36 billion, a PE ratio of -202.32 and a beta of 1.18. Viavi Solutions Inc. has a 52 week low of $8.87 and a 52 week high of $60.43. The company has a quick ratio of 1.39, a current ratio of 1.61 and a debt-to-equity ratio of 0.99. The firm’s 50-day simple moving average is $44.22 and its two-hundred day simple moving average is $29.81.

Viavi Solutions (NASDAQ:VIAV) last released its quarterly earnings data on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $406.80 million for the quarter, compared to the consensus estimate of $393.80 million. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The company’s revenue was up 42.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.15 earnings per share. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. Research analysts predict that Viavi Solutions Inc. will post 0.73 earnings per share for the current year.

Insiders Place Their Bets

In other Viavi Solutions news, SVP Kevin Christopher Siebert sold 8,255 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $54.02, for a total value of $445,935.10. Following the completion of the transaction, the senior vice president owned 20,129 shares in the company, valued at $1,087,368.58. This trade represents a 29.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Oleg Khaykin sold 136,547 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $51.82, for a total value of $7,075,865.54. Following the completion of the transaction, the chief executive officer owned 1,188,798 shares of the company’s stock, valued at approximately $61,603,512.36. This represents a 10.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 450,369 shares of company stock worth $23,789,119 over the last quarter. 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.