On September 16, 2024, Masood Jabbar, a Director at Viavi Solutions Inc (VIAV, Financial), sold 15,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 228,514 shares of Viavi Solutions Inc.
Over the past year, Masood Jabbar has sold a total of 45,000 shares of Viavi Solutions Inc and has not purchased any shares. This latest 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.
Viavi Solutions Inc, a company specializing in network test, monitoring, and assurance solutions for communications service providers, enterprises, and their ecosystems, saw its shares trading at $8.2 on the day of the sale. This pricing values the company with a market cap of approximately $1.857 billion.
The stock is currently considered Modestly Undervalued with a GF Value of $9.65, indicating a price-to-GF-Value ratio of 0.85. The GF Value is calculated based on historical trading multiples like price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might interest investors tracking insider behaviors as indicators of company performance and valuation perspectives.
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.
