Robeco Institutional Asset Management B.V. Sells 77,485 Shares of Viavi Solutions Inc. $VIAV

Robeco Institutional Asset Management B.V. trimmed its stake in Viavi Solutions Inc. (NASDAQ:VIAV – Free Report) by 68.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,138 shares of the communications equipment provider’s stock after selling 77,485 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Viavi Solutions were worth $644,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in shares of Viavi Solutions by 11.5% during the 1st quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider’s stock valued at $2,051,000 after buying an additional 18,910 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of 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 worth $377,000 after acquiring an additional 17,673 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of 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 worth $1,467,000 after acquiring an additional 5,775 shares in the last quarter. Millennium Management LLC lifted its position in Viavi Solutions by 205.4% during the 1st quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider’s stock valued at $5,335,000 after acquiring an additional 320,662 shares during the period. Finally, United Services Automobile Association purchased a new position in Viavi Solutions during the 1st quarter valued at about $165,000. Institutional investors own 95.54% of the company’s stock.

Insider Activity

In related news, SVP Gary W. Staley sold 24,237 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $23.93, for a total transaction of $579,991.41. Following the completion of the sale, the senior vice president owned 136,267 shares of the company’s stock, valued at $3,260,869.31. This trade represents a 15.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard Belluzzo sold 15,775 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $26.85, for a total transaction of $423,558.75. Following the completion of the transaction, the director owned 211,850 shares of the company’s stock, valued at approximately $5,688,172.50. The trade was a 6.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 485,772 shares of company stock valued at $12,736,803. Company insiders own 1.80% of the company’s stock.

Viavi Solutions Stock Performance

Shares of Viavi Solutions stock opened at $44.13 on Friday. Viavi Solutions Inc. has a 1 year low of $8.10 and a 1 year high of $44.29. The firm’s 50-day moving average is $32.82 and its 200 day moving average is $22.73. The stock has a market cap of $10.21 billion, a price-to-earnings ratio of -245.15 and a beta of 0.85. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 2.32.

Viavi Solutions (NASDAQ:VIAV – Get Free Report) last released its quarterly earnings data 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 business had revenue of $369.30 million during the quarter, compared to analyst estimates of $365.25 million. Viavi Solutions had a negative net margin of 3.38% and a positive return on equity of 13.03%. Viavi Solutions’s revenue was up 36.4% compared to the same quarter last year. During the same period last year, the business earned $0.13 EPS. Viavi Solutions has set its Q3 2026 guidance at 0.220-4.000 EPS. Sell-side analysts anticipate that Viavi Solutions Inc. will post 0.26 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on VIAV. Stifel Nicolaus upped their price objective on shares of Viavi Solutions from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Wall Street Zen lowered shares of Viavi Solutions from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Viavi Solutions in a research report on Monday, December 29th. Needham & Company LLC upped their price target on Viavi Solutions from $28.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Finally, B. Riley Financial upped their price target on Viavi Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Viavi Solutions currently has an average rating of “Moderate Buy” and an average target price of $25.00.

Check Out Our Latest Stock Analysis on Viavi Solutions

Viavi Solutions Company Profile

(Free Report)

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.

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