Viavi Solutions Inc’s recent filing unveils that its SVP, CHIEF OPERATIONS OFFICER Veler James L Jr unloaded Company’s shares for reported $0.15 million on Mar 07 ’25. In the deal valued at $10.86 per share,13,807 shares were sold. As a result of this transaction, Veler James L Jr now holds 0 shares worth roughly $0.0.
Then, Veler James L Jr bought 13,807 shares, generating $149,893 in total proceeds.
Before that, McNab Paul sold 9,034 shares. Viavi Solutions Inc shares valued at $100,187 were divested by the EVP, Chief Mktg & Stgy Officer at a price of $11.09 per share. As a result of the transaction, McNab Paul now holds 38,775 shares, worth roughly $0.38 million.
Rosenblatt upgraded its Viavi Solutions Inc [VIAV] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Morgan Stanley also remained covering VIAV and has decreased its forecast on December 17, 2024 with a “an Underweight” recommendation from previously “an Equal-weight” rating. UBS started covering the stock on November 19, 2024. It rated VIAV as “a Neutral”.
Price Performance Review of VIAV
On Tuesday, Viavi Solutions Inc [NASDAQ:VIAV] saw its stock jump 1.65% to $9.83. Over the last five days, the stock has lost -2.19%. Viavi Solutions Inc shares have fallen nearly -2.67% since the year began. Nevertheless, the stocks have risen 21.51% 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 04/07/25. SMA at 50 days reached $11.04, while 200 days put it at $9.69.
Levels Of Support And Resistance For VIAV Stock
The 24-hour chart illustrates a support level at 9.73, which if violated will result in even more drops to 9.62. On the upside, there is a resistance level at 9.98. A further resistance level may holdings at 10.12. The Relative Strength Index (RSI) on the 14-day chart is 38.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.63%. Stochastics %K at 20.40% indicates the stock is a holding.
How much short interest is there in Viavi Solutions Inc?
A steep rise in short interest was recorded in Viavi Solutions Inc stocks on 2025-03-31, dropping by -0.3 million shares to a total of 5.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.96 million shares. There was a decline of -5.38%, which implies that there is a negative sentiment for the stock.
