Viavi Solutions (VIAV) – Research Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Viavi Solutions (NASDAQ: VIAV) recently:

• 2/5/2025 – Viavi Solutions had its price target raised by analysts at Argus from $13.00 to $16.00. They now have a “buy” rating on the stock.
• 2/3/2025 – Viavi Solutions was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 1/31/2025 – Viavi Solutions had its price target raised by analysts at Morgan Stanley from $9.50 to $10.00. They now have an “underweight” rating on the stock.
• 1/31/2025 – Viavi Solutions had its “outperform” rating reaffirmed by analysts at Northland Securities. They now have a $14.00 price target on the stock, up previously from $13.00.
• 1/31/2025 – Viavi Solutions had its price target raised by analysts at UBS Group AG from $10.60 to $11.50. They now have a “neutral” rating on the stock.
• 1/31/2025 – Viavi Solutions had its price target raised by analysts at B. Riley from $10.00 to $12.00. They now have a “neutral” rating on the stock.
• 1/31/2025 – Viavi Solutions had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $13.00 price target on the stock, up previously from $12.00.
• 1/31/2025 – Viavi Solutions was upgraded by analysts at Needham & Company LLC from a “hold” rating to a “buy” rating. They now have a $15.00 price target on the stock.
• 1/9/2025 – Viavi Solutions was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/24/2024 – Viavi Solutions was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/17/2024 – Viavi Solutions had its “underweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $9.50 price target on the stock, up previously from $8.00.
• 12/16/2024 – Viavi Solutions had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 12/16/2024 – Viavi Solutions was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/16/2024 – Viavi Solutions had its price target raised by analysts at Stifel Nicolaus from $10.50 to $12.00. They now have a “buy” rating on the stock.

Viavi Solutions Price Performance

VIAV stock traded down $0.09 during trading on Tuesday, hitting $12.49. The company had a trading volume of 1,773,318 shares, compared to its average volume of 2,414,067. Viavi Solutions Inc. has a fifty-two week low of $6.60 and a fifty-two week high of $12.91. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of -69.39 and a beta of 0.92. The business has a 50 day moving average of $10.59 and a 200 day moving average of $9.48. The company has a current ratio of 3.55, a quick ratio of 3.18 and a debt-to-equity ratio of 0.94.

Insider Buying and Selling

In other news, Director Masood Jabbar sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $10.01, for a total value of $300,300.00. Following the sale, the director now directly owns 180,333 shares of the company’s stock, valued at approximately $1,805,133.33. This trade represents a 14.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Luke M. Scrivanich sold 2,802 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $10.43, for a total value of $29,224.86. Following the transaction, the senior vice president now owns 54,517 shares of the company’s stock, valued at approximately $568,612.31. This trade represents a 4.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 47,802 shares of company stock valued at $481,625 over the last three months. Company insiders own 1.52% of the company’s stock.

Hedge Funds Weigh In On Viavi Solutions

Large investors have recently modified their holdings of the stock. Geode Capital Management LLC raised its holdings in Viavi Solutions by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 5,307,974 shares of the communications equipment provider’s stock worth $47,887,000 after purchasing an additional 54,633 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Viavi Solutions by 14.3% in the 4th quarter. Bank of New York Mellon Corp now owns 3,475,819 shares of the communications equipment provider’s stock worth $35,106,000 after purchasing an additional 435,265 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Viavi Solutions by 4.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,334,893 shares of the communications equipment provider’s stock valued at $33,682,000 after purchasing an additional 139,934 shares in the last quarter. Leeward Investments LLC MA boosted its position in shares of Viavi Solutions by 17.1% during the third quarter. Leeward Investments LLC MA now owns 1,705,653 shares of the communications equipment provider’s stock worth $15,385,000 after buying an additional 249,554 shares during the period. Finally, Segall Bryant & Hamill LLC bought a new position in shares of Viavi Solutions during the fourth quarter worth about $16,722,000. 95.54% of the stock is currently owned by institutional investors and hedge funds.

Viavi Solutions, Inc engages in the provision of network test, monitoring, and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance.