Viavi SolutionsVIAV
About: Viavi Solutions Inc. is a global provider of network test, monitoring and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of revenue from the United States.
Employees: 3,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
138% more call options, than puts
Call options by funds: $231K | Put options by funds: $97K
1% less funds holding
Funds holding: 315 [Q1] → 312 (-3) [Q2]
7% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 45
2.99% less ownership
Funds ownership: 96.8% [Q1] → 93.81% (-2.99%) [Q2]
22% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 120
27% less capital invested
Capital invested by funds: $1.96B [Q1] → $1.44B (-$520M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
B. Riley Securities Dave Kang 75% 1-year accuracy 12 / 16 met price target | 8%downside $8.50 | Neutral Maintained | 9 Aug 2024 |
Stifel Ruben Roy 65% 1-year accuracy 22 / 34 met price target | 14%upside $10.50 | Buy Maintained | 6 Aug 2024 |
Financial journalist opinion
Based on 3 articles about VIAV published over the past 30 days
