Viavi Solutions (NASDAQ:VIAV) Director Doug Gilstrap Sells 10,000 Shares

Viavi Solutions Inc. (NASDAQ:VIAV) Director Doug Gilstrap sold 10,000 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $55.00, for a total transaction of $550,000.00. Following the completion of the transaction, the director directly owned 55,766 shares of the company’s stock, valued at approximately $3,067,130. This trade represents a 15.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Viavi Solutions Stock Down 1.8%

Viavi Solutions stock opened at $53.00 on Thursday. The company has a market cap of $12.40 billion, a P/E ratio of -220.82 and a beta of 1.22. Viavi Solutions Inc. has a 1-year low of $8.87 and a 1-year high of $60.43. The company has a fifty day simple moving average of $37.32 and a 200 day simple moving average of $25.55. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99.

Viavi Solutions (NASDAQ:VIAV) last released its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The business had revenue of $406.80 million during 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 firm’s revenue for the quarter was up 42.8% compared to the same quarter last year. During the same quarter last 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 anticipate that Viavi Solutions Inc. will post 0.71 earnings per share for the current fiscal year.

Key Stories Impacting Viavi Solutions

Here are the key news stories impacting Viavi Solutions this week:

• Positive Sentiment: Northland Securities raised its FY2026 EPS estimate for VIAV to $0.75 from $0.65, lifting professional earnings expectations above consensus and supporting the company’s fundamental outlook. Analyst Raise
• Positive Sentiment: A bullish Zacks feature highlights Viavi as a momentum buy, arguing the company benefits from AI/data-center demand — positive for investor interest and momentum-driven flows. Zacks Momentum Article
• Positive Sentiment: Product/news: Viavi announced a test platform aimed at adding security for inference and AI data centers — a node-level product story that supports continued relevance to hyperscalers and AI-capex trends. Product Announcement
• Neutral Sentiment: Coverage/analysis: The Globe & Mail and MSN/earnings-call writeups recap analyst takeaways and notable Q1 questions — useful for context but not fresh catalysts on their own. Globe & Mail
• Negative Sentiment: Clustered insider selling: CEO Oleg Khaykin disclosed multiple large sales (including ~104,552 shares at ~$54.61 and additional blocks), and other senior execs/directors (Doug Gilstrap, Luke Scrivanich, Paul McNab) sold material positions in early May — a visible supply signal that likely pressured the stock. SEC filings show the transactions. CEO SEC Filing
• Negative Sentiment: Market commentary flagged insider action as a focal point for investors, amplifying concerns that the timing and size of sales could signal confidence/valuation questions despite strong top-line AI demand. Nasdaq Pulse
• Negative Sentiment: Critical analysis (Seeking Alpha) cautions that AI/data-center hype may be outpacing sustainable profitability, noting mixed GAAP results and cyclicality in key segments — a cautionary read for longer-term valuation. Seeking Alpha Critique

Wall Street Analyst Weigh In

A number of research analysts have recently commented on VIAV shares. Susquehanna lifted their price objective on shares of Viavi Solutions from $25.00 to $65.00 and gave the company a “positive” rating in a research report on Thursday, April 30th. Wall Street Zen raised shares of Viavi Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group lifted their price objective on shares of Viavi Solutions from $25.00 to $60.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Stifel Nicolaus lifted their price objective on shares of Viavi Solutions from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Rosenblatt Securities lifted their price objective on shares of Viavi Solutions from $27.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $39.25.

Institutional Trading of Viavi Solutions

Hedge funds have recently modified their holdings of the stock. WPG Advisers LLC lifted its stake in shares of Viavi Solutions by 96.2% during the 1st quarter. WPG Advisers LLC now owns 775 shares of the communications equipment provider’s stock worth $26,000 after buying an additional 380 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new stake in shares of Viavi Solutions during the 1st quarter worth about $50,000. State of Wyoming acquired a new stake in shares of Viavi Solutions during the 4th quarter worth about $34,000. Hantz Financial Services Inc. lifted its stake in shares of Viavi Solutions by 86.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,845 shares of the communications equipment provider’s stock worth $51,000 after buying an additional 1,317 shares during the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in shares of Viavi Solutions during the 3rd quarter worth about $44,000. Institutional investors and hedge funds own 95.54% of the company’s stock.

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.