Viavi Solutions Inc (NASDAQ: VIAV) is -7.52% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VIAV stock was last observed hovering at around $10.65 in the last trading session, with the day’s loss setting it -1.31%.
Currently trading at $9.34, the stock is -7.08% and -12.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.09 million and changing -12.30% at the moment leaves the stock -4.77% off its SMA200. VIAV registered 18.23% gain for a year compared to 6-month gain of -1.48%. The firm has a 50-day simple moving average (SMA 50) of $10.7276 and a 200-day simple moving average (SMA200) of $9.80765.
The stock witnessed a -18.14% loss in the last 1 month and extending the period to 3 months gives it a -22.43%, and is -11.13% down 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 5.35% over the week and 5.07% over the month.
Viavi Solutions Inc (VIAV) has around 3600 employees, a market worth around $2.07B and $1.05B in sales. Current P/E ratio is 444.76 and Fwd P/E is 17.24. Profit margin for the company is 0.49%. Distance from 52-week low is 41.52% and -27.64% from its 52-week high. The company has generated returns on investments over the last 12 months (0.45%).
with sales reaching $285.19M over the same period.The EPS is expected to grow by 37.30% this year, but quarterly earnings will post 7.84% year-over-year. Quarterly sales are estimated to grow 13.17% in year-over-year returns.
Viavi Solutions Inc (VIAV) Top Institutional Holders
418.0 institutions hold shares in Viavi Solutions Inc (VIAV), with institutional investors hold 100.36% of the company’s shares. The shares outstanding are 222.14M, and float is at 218.52M with Short Float at 2.68%. Institutions hold 98.79% 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 15.5308% 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 13.4443 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).
