Viavi Solutions Inc (NASDAQ: VIAV) is 12.57% higher on its value in year-to-date trading and has touched a low of $6.60 and a high of $12.91 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VIAV stock was last observed hovering at around $11.13 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $11.37, the stock is 2.32% and 2.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.75 million and changing 2.16% at the moment leaves the stock 22.10% off its SMA200. VIAV registered 15.31% gain for a year compared to 6-month gain of 36.82%. The firm has a 50-day simple moving average (SMA 50) of $11.1096 and a 200-day simple moving average (SMA200) of $9.31215.
The stock witnessed a -6.11% loss in the last 1 month and extending the period to 3 months gives it a 2.90%, and is 5.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.34% over the week and 3.18% over the month.
Viavi Solutions Inc (VIAV) has around 3600 employees, a market worth around $2.53B and $1.01B in sales. Fwd P/E is 20.65. Profit margin for the company is -3.87%. Distance from 52-week low is 72.27% and -11.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.87%).
The EPS is expected to grow by 34.06% this year
416.0 institutions hold shares in Viavi Solutions Inc (VIAV), with institutional investors hold 99.76% of the company’s shares. The shares outstanding are 222.00M, and float is at 218.52M with Short Float at 2.73%. Institutions hold 98.19% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 34.62 million shares valued at $$237.83 million. The investor’s holdings represent 15.5238 of the VIAV Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 29.97 million shares valued at $$205.88 million to account for 13.4383 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 13.9 million shares representing 6.2343 and valued at over $$95.47 million, while CAPITAL WORLD INVESTORS holds 5.456 of the shares totaling 12.16 million with a market value of $$83.55 million.
Viavi Solutions Inc (VIAV) Insider Activity
The most recent transaction is an insider sale by Veler James L Jr, the company’s SVP, CHIEF OPERATIONS OFFICER. SEC filings show that Veler James L Jr sold 13,807 shares of the company’s common stock on Mar 07 ’25 at a price of $10.86 per share for a total of $0.15 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Mar 05 ’25, McNab Paul (EVP, Chief Mktg & Stgy Officer) disposed off 9,034 shares at an average price of $11.09 for $0.1 million. The insider now directly holds 38,775 shares of Viavi Solutions Inc (VIAV).
