The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Viavi Solutions Inc shares valued at $188,716 were sold by BARNES KEITH on Feb 04 ’25. At $12.24 per share, BARNES KEITH sold 15,418 shares. The insider’s holdings dropped to 178,881 shares worth approximately $2.12 million following the completion of this transaction.
Also, McNab Paul sold 4,930 shares, netting a total of over 60,097 in proceeds. Following the sale of shares at $12.19 each, the insider now holds 33,447 shares.
Before that, RONDINONE RALPH had added 32,722 shares to its account. In a trade valued at $392,664, the Officer bought Viavi Solutions Inc shares for $12.00 each.
As published in a research note from Needham on January 31, 2025, Viavi Solutions Inc [VIAV] has been rated up from a Hold to a Buy and the price target has been revised to $15. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid December. As of November 19, 2024, UBS has initiated its “Neutral” rating for VIAV. Earlier on June 26, 2024, Rosenblatt downgraded its rating. Their new recommendation was “a Neutral” for VIAV stock which previously was a “a Buy”.
Analyzing VIAV Stock Performance
During the last five days, there has been a drop of approximately -3.58%. Over the course of the year, Viavi Solutions Inc shares have jumped approximately 17.43%. Shares of the company reached a 52-week high of $12.91 on 01/31/25 and a 52-week low of $9.63 on 01/28/25. A 50-day SMA is recorded $10.86, while a 200-day SMA reached $8.97. Nevertheless, trading volume fell to 2.92 million shares from 2.7 million shares the previous day.
Support And Resistance Levels for Viavi Solutions Inc (VIAV)
According to the 24-hour chart, there is a support level at 11.73, which, if violated, would cause prices to drop to 11.61. In the upper region, resistance lies at 12.07. The next price resistance is at 12.28. RSI (Relative Strength Index) is 56.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.29, which suggests the price will decrease in the coming days. Percent R is at 78.95%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
