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Richard Belluzzo, a director at Viavi Solutions Inc (NASDAQ:VIAV), sold 8,385 shares of common stock on July 1, 2025. The sales were executed at a weighted average price of $10.02, for a total transaction value of $84,017. Prices for the sale ranged from $9.98 to $10.05
Following the transaction, Belluzzo directly owns 242,311 shares of Viavi Solutions Inc.
In other recent news, Viavi Solutions Inc. reported its third-quarter fiscal 2025 earnings, showing an earnings per share (EPS) of $0.15, which exceeded analyst expectations by $0.03. The company’s revenue for the quarter reached $284.8 million, slightly above the consensus estimate. Despite these positive results, Viavi’s stock declined due to a lower-than-expected fourth-quarter guidance, projecting EPS between $0.10 and $0.13 and revenue forecasts of $278 to $290 million. Moody’s Ratings downgraded Viavi’s corporate family rating from Ba2 to Ba3, citing high leverage and debt-funded acquisitions as concerns, while assigning a negative outlook. Viavi plans to use funds from a proposed $600 million loan to finance its acquisition of Spirent (LON:SPT) Communications’ High-Speed Ethernet and Network Security Business. Meanwhile, Viavi announced a partnership with Hanyang University in South Korea to advance 5G and 6G technologies, contributing lab test solutions to the university’s Beyond-G Global Innovation Center. The collaboration aims to foster the development of next-generation communication technologies. Despite the challenges, analysts from firms like Stifel and Rosenblatt Securities maintain a positive outlook, expecting growth in fiber lab and production and stabilization in service provider spending.
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