Viavi Solutions Inc’s recent filing unveils that its Director RICHARD E BELLUZZO acquired Company’s shares for reported $75677.0 on Jun 02 ’25. In the deal valued at $9.03 per share,8,385 shares were bought.
Then, BELLUZZO RICHARD sold 8,385 shares, generating $75,717 in total proceeds. Upon selling the shares at $9.03, the Director now owns 250,696 shares.
Before that, BELLUZZO RICHARD sold 8,385 shares. Viavi Solutions Inc shares valued at $74,794 were divested by the Director at a price of $8.92 per share. As a result of the transaction, BELLUZZO RICHARD now holds 259,081 shares, worth roughly $2.37 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 Monday, Viavi Solutions Inc [NASDAQ:VIAV] saw its stock jump 0.44% to $9.15. Over the last five days, the stock has gained 0.66%. Viavi Solutions Inc shares have fallen nearly -9.41% since the year began. Nevertheless, the stocks have risen 26.03% 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 05/02/25. SMA at 50 days reached $9.98, while 200 days put it at $9.97.
Levels Of Support And Resistance For VIAV Stock
The 24-hour chart illustrates a support level at 9.01, which if violated will result in even more drops to 8.87. On the upside, there is a resistance level at 9.22. A further resistance level may holdings at 9.29. The Relative Strength Index (RSI) on the 14-day chart is 38.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.63%. Stochastics %K at 29.30% indicates the stock is a holding.
