FNY Investment Advisers LLC Purchases Shares of 15,010 Viavi Solutions Inc. $VIAV

FNY Investment Advisers LLC acquired a new position in shares of Viavi Solutions Inc. (NASDAQ:VIAV) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,010 shares of the communications equipment provider’s stock, valued at approximately $716,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Royal Bank of Canada raised its position in shares of Viavi Solutions by 11.5% in the first quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider’s stock valued at $2,051,000 after purchasing an additional 18,910 shares during the period. AQR Capital Management LLC grew its stake in Viavi Solutions by 110.5% in the 1st quarter. AQR Capital Management LLC now owns 33,663 shares of the communications equipment provider’s stock valued at $377,000 after buying an additional 17,673 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Viavi Solutions by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,061 shares of the communications equipment provider’s stock valued at $1,467,000 after buying an additional 5,775 shares during the last quarter. Millennium Management LLC grew its stake in Viavi Solutions by 205.4% in the 1st quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider’s stock valued at $5,335,000 after buying an additional 320,662 shares during the last quarter. Finally, United Services Automobile Association bought a new position in Viavi Solutions in the 1st quarter valued at about $165,000. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VIAV. UBS Group cut their price objective on shares of Viavi Solutions from $60.00 to $44.00 and set a “neutral” rating for the company in a research report on Thursday. B. Riley Financial decreased their target price on Viavi Solutions from $63.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday. Needham & Company LLC lowered their target price on Viavi Solutions from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday. Wall Street Zen raised Viavi Solutions from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Stifel Nicolaus boosted their price target on Viavi Solutions from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday. Six equities research 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 data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $49.88.

Viavi Solutions Price Performance

NASDAQ:VIAV opened at $40.59 on Friday. Viavi Solutions Inc. has a 52 week low of $10.02 and a 52 week high of $60.43. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.39 and a current ratio of 1.61. The firm’s 50-day simple moving average is $44.38 and its 200 day simple moving average is $38.96. The firm has a market cap of $9.49 billion, a price-to-earnings ratio of -270.58 and a beta of 1.21.

Viavi Solutions (NASDAQ:VIAV) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. Viavi Solutions had a negative net margin of 2.00% and a positive return on equity of 23.56%. The firm had revenue of $443.10 million during the quarter, compared to the consensus estimate of $432.62 million. During the same quarter in the previous year, the firm posted $0.13 EPS. The business’s revenue for the quarter was up 52.5% compared to the same quarter last year. Viavi Solutions has set its Q1 2027 guidance at 0.400-0.420 EPS. As a group, sell-side analysts predict that Viavi Solutions Inc. will post 1.02 earnings per share for the current year.

More Viavi Solutions News

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

• Positive Sentiment: Viavi reported fiscal Q4 adjusted EPS of $0.34, exceeding the $0.30 consensus estimate, while revenue of $443.1 million surpassed expectations of $432.6 million. Revenue grew 52.5% year over year, helped by data-center and aerospace-and-defense demand and contributions from Spirent products. Viavi Solutions fiscal fourth-quarter earnings report
• Positive Sentiment: Fiscal Q1 2027 guidance was especially strong: EPS of $0.40-$0.42 versus the $0.27 analyst consensus and revenue of $450 million-$460 million versus expectations of $433.2 million. Management is also targeting a $500 million quarterly revenue run rate in calendar 2027. Viavi Q1 fiscal 2027 guidance
• Positive Sentiment: Several analysts remain bullish despite valuation adjustments. Stifel raised its target to $65 and retained a buy rating, while Rosenblatt reaffirmed buy with a $70 target. B. Riley and Needham also maintained buy ratings with $60 targets. Analyst ratings and price targets
• Neutral Sentiment: UBS lowered its target from $60 to $44 and changed its rating to neutral, citing a more cautious valuation outlook. The new target still implies moderate upside from the referenced $40.59 price, but signals less confidence than the other analysts.
• Negative Sentiment: Reported insider activity shows 26 sales and no purchases over the past six months, including substantial selling by executives. While sales may reflect scheduled diversification, the absence of insider buying could weigh on sentiment. Viavi earnings and insider activity

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.