New insider activity at Viavi Solutions ( (VIAV) ) has taken place on February 6, 2025.
Recent transactions at Viavi Solutions have seen significant activity from top executives. EVP, Chief Marketing & Strategy Officer Paul Mcnab sold 4,930 shares, while SVP Keith Barnes offloaded 15,418 shares. These transactions highlight strategic decisions by the company’s leadership involving substantial stock sales.
Recent Updates on VIAV stock
Recent developments for Viavi Solutions (VIAV) include a positive earnings report that exceeded consensus expectations, driven by strong performance in the Network and Service Enablement (NSE) segment and significant growth in fiber lab and production, as well as the aerospace and defense sectors. Analysts have responded positively, with Argus raising its price target due to the company’s robust financial health, including exceeding revenue and earnings guidance. However, challenges remain in the Optical Security and Performance Products (OSP) segment, which faced revenue declines and lower gross margins due to reduced demand for 3D sensing products. Despite these hurdles, the overall outlook remains optimistic with strategic growth initiatives in place.
More about Viavi Solutions
YTD Price Performance: 23.86%
Average Trading Volume: 1,939,611
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.78B
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