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CHANDLER, AZ—Daskal Ilan, Executive Vice President and Chief Financial Officer of Viavi Solutions Inc. (NASDAQ:VIAV), recently sold a significant portion of his holdings in the company. According to a filing with the Securities and Exchange Commission dated June 4, 2025, Ilan sold 82,095 shares of Viavi common stock. The transaction comes as the company, currently valued at $2.12 billion, trades at relatively high earnings multiples according to InvestingPro data.
The shares were sold at a weighted average price of $9.28, generating a total transaction value of approximately $761,841. This sale was executed in multiple trades, with prices ranging from $9.25 to $9.33 per share. Following this transaction, Ilan no longer holds any shares of Viavi Solutions directly. The stock currently trades at $9.47, with analyst price targets ranging from $8.60 to $16.00.
The transaction was part of Ilan’s regular financial activities and reflects his position as a key executive in the company. Viavi Solutions, based in Chandler, Arizona, continues to be a prominent player in the technology solutions sector. With net income expected to grow this year and an overall FAIR financial health rating from InvestingPro, which offers comprehensive analysis and additional insights through its Pro Research Report covering 1,400+ US stocks.
In other recent news, Viavi Solutions Inc. reported its third-quarter fiscal 2025 results, with earnings per share (EPS) of $0.15, exceeding analyst expectations by $0.03. The company’s revenue reached $284.8 million, slightly surpassing the consensus estimate of $282.13 million. Despite the positive earnings, Viavi’s stock saw a decline due to its fourth-quarter guidance, which projected lower-than-expected EPS and revenue. The company anticipates fourth-quarter revenue between $278 million and $290 million, with EPS ranging from $0.10 to $0.13, below the consensus estimate.
Moody’s recently downgraded Viavi’s corporate family rating from Ba2 to Ba3, citing high leverage and a tendency for debt-funded acquisitions. This downgrade followed Viavi’s announcement of its acquisition of Spirent (LON:SPT) Communications’ High-Speed Ethernet and Network Security Business, which is expected to close by July 2025. Analysts from firms such as Susquehanna and Stifel have expressed cautious optimism, noting potential growth in the second half of 2025 due to factors like 5G buildout and stabilization in anti-counterfeiting demand.
Viavi’s third-quarter results showed significant year-over-year growth, with revenue up 15.8% and operating margins improving. The company’s strong performance was attributed to its Network Enablement (NSE) and Optical Security and Performance Products (OSP) segments. However, challenges remain, including tariff-related shipment delays and their impact on future revenue. Despite these hurdles, Viavi maintains a solid market position in niche markets, with expectations of continued growth in specific sectors like data centers and aerospace.
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