Viavi solutions executive sells $151,728 in common stock

Kevin Christopher Siebert, Senior Vice President, General Counsel & Secretary at Viavi Solutions Inc. (NASDAQ:VIAV), sold 13,499 shares of the company’s common stock on March 3, 2025. The shares were sold at a price of $11.24 each, amounting to a total transaction value of $151,728. Following this sale, Siebert retains ownership of 60,373 shares in the company. The sale was executed under a pre-established Rule 10b5-1 trading plan, which was put in place on September 10, 2024. While the company currently operates with moderate debt levels, InvestingPro analysis indicates the stock is trading near its Fair Value. Eight analysts have recently revised their earnings expectations upward, with forecasts suggesting a return to profitability this year. For deeper insights, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.

In other recent news, Viavi Solutions Inc. reported its fiscal second-quarter earnings for 2025, surpassing analysts’ expectations with earnings per share (EPS) of $0.13, compared to the forecasted $0.10. The company’s revenue reached $270.8 million, exceeding the anticipated $259.99 million, marking a 6.4% year-over-year increase. Viavi also announced plans to acquire Spirent (LON:SPT) Communications’ high-speed ethernet and network security business lines for $425 million, a move expected to add approximately $180 million to the company’s revenue in the first year after the acquisition closes in the second quarter of 2025. However, S&P Global Ratings placed Viavi’s credit ratings under observation with negative implications due to the increased leverage expected from the acquisition.

Argus analysts maintained a Buy rating on Viavi Solutions and raised the stock price target to $16.00, reflecting positive sentiment following the company’s strong earnings report. The acquisition of Spirent is anticipated to complement Viavi’s existing business, though the earnings generated may not offset the additional leverage impact. Viavi’s recent restructuring efforts, which included a workforce reduction, are projected to yield $25 million in annual cost savings. The company continues to focus on strategic growth areas and mergers and acquisitions to bolster its capabilities and market presence.

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