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Viavi Solutions Inc (NASDAQ:VIAV) Executive Vice President, Chief Marketing & Strategy Officer, Paul McNab, sold 12,617 shares of common stock on November 3, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $17.41, with individual sales prices ranging from $17.40 to $17.43, for a total transaction value of approximately $219,661.
Following the transaction, McNab directly owns 28,044 shares of Viavi Solutions Inc. common stock.
In other recent news, Viavi Solutions reported impressive fiscal first-quarter results, showcasing a revenue of $299 million, which marks a 25.6% increase year-over-year. This figure surpassed both management guidance and consensus estimates of $294 million. The company’s earnings per share also exceeded expectations, coming in at $0.15 compared to the projected $0.13. The Network and Service Enablement segment contributed significantly, with $216 million in revenue, driven by demand in the data center ecosystem.
Stifel responded to these strong results by raising its price target for Viavi Solutions to $18.00 from $15.00 while maintaining a Buy rating. In addition, B.Riley upgraded the company’s stock rating from Neutral to Buy, also setting a price target of $18.00, citing growth in artificial intelligence and data centers as key drivers. Viavi’s recent acquisition of Inertial Labs played a role in its revenue growth. The company’s non-GAAP operating margin showed improvement, expanding to 15.7%, up 570 basis points from the previous year.
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