Viavi Solutions (NASDAQ:VIAV) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Viavi Solutions Inc. (NASDAQ:VIAV). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Viavi Solutions stock on May 4th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Viavi Solutions Stock Performance

Shares of Viavi Solutions stock traded up $1.13 during trading on Thursday, hitting $47.95. 647,386 shares of the company’s stock traded hands, compared to its average volume of 5,994,750. Viavi Solutions Inc. has a 1 year low of $9.08 and a 1 year high of $60.43. The business has a 50-day simple moving average of $46.66 and a 200-day simple moving average of $31.65. The stock has a market capitalization of $11.22 billion, a P/E ratio of -201.65 and a beta of 1.18. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.61 and a quick ratio of 1.39.

Viavi Solutions (NASDAQ:VIAV) last announced its quarterly earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $406.80 million during the quarter, compared to analyst estimates of $393.80 million. Viavi Solutions had a negative net margin of 4.03% and a positive return on equity of 16.80%. The business’s revenue for the quarter was up 42.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.15 earnings per share. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. As a group, analysts forecast that Viavi Solutions Inc. will post 0.73 EPS for the current year.

Analysts Set New Price Targets

VIAV has been the subject of a number of research reports. Wall Street Zen raised Viavi Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Rosenblatt Securities reaffirmed a “buy” rating and set a $70.00 price objective on shares of Viavi Solutions in a report on Wednesday. B. Riley Financial increased their target price on Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Needham & Company LLC raised their target price on shares of Viavi Solutions from $28.00 to $36.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, UBS Group boosted their price target on shares of Viavi Solutions from $25.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $42.75.

Insider Buying and Selling

In related news, EVP Paul Mcnab sold 2,727 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $54.96, for a total transaction of $149,875.92. Following the transaction, the executive vice president owned 15,471 shares of the company’s stock, valued at $850,286.16. This trade represents a 14.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Luke M. Scrivanich sold 10,693 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $53.00, for a total value of $566,729.00. Following the completion of the transaction, the senior vice president owned 39,287 shares in the company, valued at $2,082,211. This trade represents a 21.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 450,369 shares of company stock valued at $23,789,119 in the last quarter. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Viavi Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its position 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 worth $2,051,000 after purchasing an additional 18,910 shares during the period. AQR Capital Management LLC raised its position 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 purchasing an additional 17,673 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position 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 purchasing an additional 5,775 shares during the last quarter. Millennium Management LLC boosted its stake 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 worth $5,335,000 after purchasing an additional 320,662 shares during the period. Finally, United Services Automobile Association acquired a new stake in Viavi Solutions during the 1st quarter worth $165,000. 95.54% of the stock is owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.