Shares of Sunstone Hotel Investors, Inc. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Teachers Advisors LLC now owns 3,277,962 shares of the communications equipment provider's stock valued at $34,517,000 after buying an additional 677,531 shares in the last quarter. A number of hedge funds have recently added to or reduced their stakes in the company. Essex Investment Management Co. Quantitative Systematic Strategies LLC acquired a new stake in Viavi Solutions during the first quarter worth approximately $132,000. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,635 shares of the communications equipment provider's stock valued at $112,000 after acquiring an additional 1,003 shares during the period. Creative Planning raised its position in shares of Viavi Solutions by 177.9% in the 2nd quarter.
The SMA20 for the stock is at -1.82 percent, SMA50 stands at -4.92 percent, while SMA200 is -14.6 Percent.
Several other analysts have also issued reports on the company. Stifel Nicolaus reissued a "hold" rating and issued a $11.00 price objective on shares of Viavi Solutions in a research note on Wednesday, August 16th. Finally, BidaskClub downgraded shares of Viavi Solutions from a "hold" rating to a "sell" rating in a research report on Monday, August 14th. Of those analysts, 4 rate stock as a Strong Buy, 2 rate it as Hold, and just no analyst rates it as a Moderate Sell. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. The stock was sold at an average price of $9.40, for a total transaction of $100,476.60. Following the transaction, the executive vice president now owns 44,755 shares of the company's stock, valued at $441,731.85.
The most recent open market insider trade was Automatic Sell of 1,012 shares on a day where the closing price was 9.19. Also, EVP Paul Mcnab sold 27,936 shares of the company's stock in a transaction on Tuesday, September 19th. The disclosure for this sale can be found here. Insiders sold a total of 94,610 shares of company stock valued at $897,523 over the last three months. The volume of VIAV witnessed a shift from 1.66 million shares, based on a 50-day average, to 2.31 million shares. Viavi Solutions Cmn (NASDAQ:VIAV) has a market capitalization of $2.03 Billion and most recently 228.1 Million outstanding shares have been calculated. Viavi Solution... has $1400 highest and $7 lowest target. Further, the firm has debt to equity ratio of 0.41, sometimes it remain same with long term debt to equity ratio.
Wall Street analysts, on average, are forecasting the company's EPS to be 0.07, compared to 0.1 reported in the same quarter previous year. Viavi Solutions Inc. (VIAV) has an operating margin of 1.70%. The company had revenue of $195.20 million during the quarter, compared to analyst estimates of $183.89 million. The company's average Piotroski F-Score: 5 during the last 7 years. The business's revenue for the quarter was down 7.4% compared to the same quarter last year. research analysts anticipate that Viavi Solutions Inc. will post 0.31 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY WARNING: "Cipher Capital LP Decreases Position in Viavi Solutions Inc".
Additionally on 7/21/17 B. Riley "Upgrades" Viavi Solutions Cmn (NASDAQ:VIAV) to Buy setting price target at $0 and on 5/05/17 Jefferies "Upgrades" the stock to Buy at $0.
About Viavi Solutions Viavi Solutions Inc (Viavi) is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems.