On October 14, 2024, Masood Jabbar, a Director at Viavi Solutions Inc (VIAV, Financial), executed a sale of 15,000 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this sale, the insider now owns 213,514 shares of Viavi Solutions Inc.
Viavi Solutions Inc is engaged in providing network test, monitoring, and assurance solutions to communications service providers, enterprises, and their ecosystems. The company operates through various segments, including Network Enablement, Service Enablement, and Optical Security and Performance Products.
Over the past year, the insider has sold a total of 60,000 shares and has not made any purchases. This recent transaction is part of a broader trend observed within the company, where there have been 19 insider sells and no insider buys over the past year.
Shares of Viavi Solutions Inc were trading at $9.17 on the day of the transaction. The company has a market cap of approximately $2.06 billion. According to the GF Value, the stock is currently Fairly Valued, with a price-to-GF-Value ratio of 0.95, suggesting that the stock is trading close to its intrinsic value calculated by GuruFocus.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from analysts.
This insider sell event might be of interest to investors tracking insider behaviors and company stock valuation metrics to gauge market sentiment and potential future stock movements.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
