Viavi solutions SVP sells shares worth $149,944

James L. Veler Jr., Senior Vice President and Chief Operations Officer of Viavi Solutions Inc. (NASDAQ:VIAV), recently sold 13,807 shares of the company’s common stock. The transaction took place on March 7, 2025, with the shares sold at a weighted average price of $10.86, amounting to a total value of $149,944. The sale comes amid a notable 34% surge in VIAV’s stock price over the past six months, with the company currently commanding a market capitalization of $2.4 billion.

The sale was executed in multiple trades at prices ranging from $10.85 to $10.88. Following this transaction, Veler no longer holds any shares in the company. This information was disclosed in a recent SEC filing. According to InvestingPro analysis, VIAV is currently trading above its Fair Value, with high EBIT and EBITDA multiples. While the company maintains strong liquidity with a current ratio of 3.55, investors can access 8 additional exclusive ProTips and comprehensive valuation metrics through the detailed Pro Research Report, available among 1,400+ top stocks covered on InvestingPro.

In other recent news, Viavi Solutions has reported notable financial performance with its fiscal second-quarter earnings surpassing Wall Street expectations, marking a 6% year-over-year revenue increase. This achievement is significant as it represents the first positive annual top-line comparison in ten quarters. The non-GAAP earnings per share for the same period rose by 18%, and the company forecasted higher-than-expected sales and profit for the third quarter of fiscal 2025. Additionally, Viavi has announced plans to acquire Spirent (LON:SPT) Communications’ high-speed ethernet and network security business lines for $425 million. This acquisition is anticipated to add approximately $180 million to Viavi’s revenue in the first 12 months post-closing and is expected to enhance earnings per share within a year.

Meanwhile, Rosenblatt Securities has upgraded Viavi’s stock rating from Neutral to Buy, citing strong performance in its Network Enablement segment. This upgrade is supported by increased spending on Field Test products essential for Fiber Access and 5G technologies. However, Moody’s has placed Viavi’s ratings under review for a potential downgrade, reflecting concerns over the company’s debt-funded acquisition strategy amid a challenging operating environment. S&P Global Ratings has also put Viavi on CreditWatch with negative implications due to the anticipated increase in leverage following the Spirent acquisition. Despite these concerns, Argus analysts have raised Viavi’s price target to $16, maintaining a Buy rating based on the company’s recent financial achievements and growth prospects.

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