New insider activity at Viavi Solutions ( (VIAV) ) has taken place on March 11, 2025.
James L Jr Veler, the Senior Vice President and Chief Operations Officer of Viavi Solutions, has recently sold 13,807 shares of the company’s stock, amounting to a total transaction value of $149,944.
Recent Updates on VIAV stock
In the last 24 hours, Viavi Solutions has been the focus of significant developments and analyst actions. Rosenblatt upgraded Viavi to a Buy rating, citing improvements in the company’s Network Enablement instruments business, driven by increased telecom and cable spending on field test products for fiber access, optical, and 5G, particularly in North America and Europe. This upgrade follows a recent pullback in Viavi’s share price, presenting a buying opportunity. Additionally, Viavi announced an agreement to acquire Spirent Communications’ High-Speed Ethernet and Network Security Business from Keysight Technologies for $410 million, with the acquisition expected to enhance Viavi’s product portfolio and add $180 million to its NSE revenue in the first year. This strategic move is anticipated to be accretive to earnings per share and is supported by a $425 million Term Loan B from Wells Fargo. Furthermore, Viavi’s collaboration with AT&T and Verizon on Open RAN testing initiatives aims to strengthen global supply chain resiliency and lower barriers for new Open RAN players.
More about Viavi Solutions
YTD Price Performance: 8.32%
Average Trading Volume: 2,179,038
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.43B