Leeward Investments LLC MA Cuts Stock Holdings in Viavi Solutions Inc. $VIAV

Leeward Investments LLC MA decreased its holdings in shares of Viavi Solutions Inc. (NASDAQ:VIAV) by 3.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,463,687 shares of the communications equipment provider’s stock after selling 52,748 shares during the quarter. Leeward Investments LLC MA owned 0.66% of Viavi Solutions worth $14,739,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Viavi Solutions by 1.8% during the first quarter. Vanguard Group Inc. now owns 30,440,070 shares of the communications equipment provider’s stock worth $340,624,000 after purchasing an additional 540,045 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in Viavi Solutions by 0.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,560,567 shares of the communications equipment provider’s stock worth $118,173,000 after buying an additional 36,172 shares during the last quarter. Woodline Partners LP lifted its position in Viavi Solutions by 27.6% in the 1st quarter. Woodline Partners LP now owns 4,384,150 shares of the communications equipment provider’s stock worth $49,059,000 after buying an additional 948,472 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Viavi Solutions by 0.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,358,676 shares of the communications equipment provider’s stock worth $37,584,000 after buying an additional 23,783 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in Viavi Solutions by 7,293.1% in the 1st quarter. Victory Capital Management Inc. now owns 3,083,135 shares of the communications equipment provider’s stock worth $34,500,000 after buying an additional 3,041,432 shares during the last quarter. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Viavi Solutions Price Performance

VIAV opened at $13.75 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.30 and a current ratio of 1.50. Viavi Solutions Inc. has a 52-week low of $8.10 and a 52-week high of $13.92. The stock has a market capitalization of $3.06 billion, a PE ratio of 85.94 and a beta of 0.90. The stock’s 50 day moving average price is $12.16 and its 200-day moving average price is $10.65.

Viavi Solutions (NASDAQ:VIAV) last issued its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $290.50 million for the quarter, compared to analysts’ expectations of $285.19 million. Viavi Solutions had a return on equity of 8.02% and a net margin of 3.21%.The firm’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.08 earnings per share. Viavi Solutions has set its Q1 2026 guidance at 0.130-0.14 EPS. On average, equities research analysts predict that Viavi Solutions Inc. will post 0.26 EPS for the current year.

Insider Buying and Selling

In related news, Director Richard Belluzzo sold 8,387 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $12.63, for a total value of $105,927.81. Following the sale, the director directly owned 217,154 shares of the company’s stock, valued at $2,742,655.02. This represents a 3.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Luke M. Scrivanich sold 8,987 shares of the company’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $12.17, for a total value of $109,371.79. Following the completion of the sale, the senior vice president directly owned 79,335 shares in the company, valued at approximately $965,506.95. The trade was a 10.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 73,789 shares of company stock valued at $857,189 over the last ninety days. Company insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. UBS Group boosted their target price on Viavi Solutions from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. B. Riley boosted their target price on Viavi Solutions from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, August 8th. Susquehanna upgraded Viavi Solutions from a “neutral” rating to a “positive” rating and set a $15.00 target price for the company in a research report on Friday, August 8th. Stifel Nicolaus reiterated a “buy” rating and issued a $15.00 price objective (up previously from $13.00) on shares of Viavi Solutions in a research report on Monday, October 13th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Viavi Solutions in a research report on Friday. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $13.72.

Viavi Solutions Profile

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.