Viavi Solutions Inc’s filing revealed that its Director BARNES KEITH unloaded Company’s shares for reported $0.19 million on Feb 04 ’25. In the deal valued at $12.24 per share,15,418 shares were sold. As a result of this transaction, BARNES KEITH now holds 178,881 shares worth roughly $2.03 million.
Then, McNab Paul sold 4,930 shares, generating $60,097 in total proceeds. Upon selling the shares at $12.19, the EVP, Chief Mktg & Stgy Officer now owns 33,447 shares.
Before that, RONDINONE RALPH bought 32,722 shares. Viavi Solutions Inc shares valued at $392,664 were divested by the Officer at a price of $12.00 per share.
Needham upgraded its Viavi Solutions Inc [VIAV] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid December from “an Equal-weight” to “an Underweight”. UBS began covering VIAV with “Neutral” recommendation on November 19, 2024. Rosenblatt revised its rating on June 26, 2024. It rated VIAV as “a Neutral” which previously was an “a Buy”.
Price Performance Review of VIAV
On Friday, Viavi Solutions Inc [NASDAQ:VIAV] saw its stock fall -2.16% to $11.35. Over the last five days, the stock has lost -6.58%. Viavi Solutions Inc shares have risen nearly 12.38% since the year began. Nevertheless, the stocks have risen 21.00% over the past one year. While a 52-week high of $12.91 was reached on 01/31/25, a 52-week low of $6.60 was recorded on 01/28/25. SMA at 50 days reached $10.90, while 200 days put it at $9.01.
Levels Of Support And Resistance For VIAV Stock
The 24-hour chart illustrates a support level at 11.21, which if violated will result in even more drops to 11.07. On the upside, there is a resistance level at 11.62. A further resistance level may holdings at 11.89. The Relative Strength Index (RSI) on the 14-day chart is 46.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.01%. Stochastics %K at 8.13% indicates the stock is a buying.
