Viavi Solutions SVP Siebert sells $120,811 in shares

Published 25/09/2025, 22:08
Viavi Solutions SVP Siebert sells $120,811 in shares

Kevin Christopher Siebert, SVP, General Counsel & Secretary at Viavi Solutions Inc (NASDAQ:VIAV), sold 9,927 shares of common stock on September 25, 2025, for a total of $120,811.

The shares were sold at a weighted average price of $12.17, with individual sales prices ranging from $12.08 to $12.27. The sale was executed under a pre-arranged Rule 10b5-1 stock trading plan established on September 10, 2024. Following the transaction, Siebert directly owns 84,598 shares of Viavi Solutions Inc. For deeper insights into insider trading patterns and comprehensive valuation metrics, including exclusive Fair Value analysis, visit InvestingPro, where you’ll find detailed research reports covering 1,400+ top US stocks.

In other recent news, Viavi Solutions Inc. has made significant strides in its financial and strategic operations. The company announced the issuance of $250 million in aggregate principal amount of 0.625% Senior Convertible Notes due 2031. This issuance involved exchanging approximately $100.9 million in new notes for about $97.5 million of the company’s existing notes due 2026, while the remaining $149.1 million was sold for cash to institutional investors. Additionally, Viavi has expanded its ONE LabPro testing platform with the ONE-1600ER module, enhancing its capabilities for next-generation 1.6Tb optical components. In a strategic move to enhance security operations, Viavi has partnered with CrowdStrike, integrating its Observer network observability platform with CrowdStrike Falcon Next-Gen SIEM. This partnership aims to improve visibility across security and IT operations. Furthermore, Susquehanna has upgraded Viavi Solutions’ stock from Neutral to Positive, citing strong performance in the OSP segment and potential for increased earnings per share. The upgrade follows Viavi’s June quarter results, which surpassed expectations with higher-than-anticipated revenue and gross margin.

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