VIAV VIAVI SOLUTIONS INC.

NEUTRAL Impact: 3/10 Insider Cluster (6 insiders)
Horizon days Filed May 4, 2026 Processed 1mo ago
Insider cluster: 6 insiders, $10.6M total
Latest settled — T+20d ⚠ clustered
VIAV ▼ -9.53% at T+20d
NEUTRAL call ✗ call lost -9.53% · α vs SPY -15.17% · entry $52.49 → $47.49
Next anchor: T+60d in 6w
Currently $53.46 · +1.85% from $52.49 entry
Entry anchored
May 1, 03:59 PM ET
via Databento tick
T+1d
+2.82%
call +2.82% · α +2.02%
$53.97
settled 6w ago
T+5d
+4.65%
call +4.65% · α +1.71%
$54.93
settled 5w ago
T+20d
-9.53%
call -9.53% · α -15.17%
$47.49
settled 12d ago
T+60d
call — · α —
in 6w

Price Chart

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Executive Summary

Six VIAVI insiders sold $10.6M in open-market stock within a week following a strong Q3 earnings beat. The sales are predominantly by the CEO ($6.34M) and represent 0.09% of market cap, which is trivial. Given the post-earnings context and low materiality, the cluster is neutral with minimal impact.

Key Financial Metrics

Direction
selling
Total Value
$10.6M
Insiders
6

Actionable Insight

The insider selling is nominal relative to market cap and likely reflects routine post-earnings profit-taking. Monitor for any acceleration in selling, but this cluster alone does not warrant a directional trade.

Key Facts

  • 6 insiders sold total $10.6M in open-market transactions from May 4-7, 2026
  • CEO Oleg Khaykin sold $6.34M in a single trade on May 7
  • Director Richard Belluzzo sold $2.72M on May 4
  • Total sales represent 0.09% of VIAV's $11.9B market cap
  • Previous 8-K earnings filing on April 29 showed strong Q3 results with 42.8% revenue growth and EPS beat
  • Insider selling occurred just after the earnings announcement

Financial Impact

Total insider sales of $10.6 million, approximately 0.09% of market cap

dilutioninsider ownership

Risk Factors

  • Further insider selling if stock price remains elevated
  • Potential negative signal if larger unplanned sales appear

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
87% bullish (15 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-VIAV-1778261103237
9 reports for VIAV
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+5▲ +1.15%Apr 29, 2026
Filters
Rows
Reports for VIAV — sortable, filterable
Type Now
May 21, 2026
23d ago
8-K
BULLISH ★ 7/10
$48.98 $48.49▼ −1.00%▼ −2.60%$53.46 (+9.15%)
May 20, 2026
23d ago
424B5
MIXED ★ 6/10
$48.98 $48.49▼ −1.00%▼ −2.60%$53.46 (+9.15%)
May 4, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$52.49 $54.93▲ +4.65%▲ +1.71%$53.46 (+1.85%)
May 4, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$52.49 $54.93▲ +4.65%▲ +1.71%$53.46 (+1.85%)
May 4, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$52.49 $54.93▲ +4.65%▲ +1.71%$53.46 (+1.85%)
May 4, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$52.49 $54.93▲ +4.65%▲ +1.71%$53.46 (+1.85%)
Apr 29, 2026
6w ago
8-K
BULLISH ★ 8/10
$52.40 $53.00▲ +1.15%▼ −0.58%$53.46 (+2.02%)
Feb 26, 2026
15w ago
Insider Cluster
BEARISH ★ 5/10
$29.90 $31.00▼ −3.68%▼ −4.81%$53.46 (−78.80%)
Feb 26, 2026
15w ago
Insider Cluster
BEARISH ★ 5/10
$29.90 $31.00▼ −3.68%▼ −4.81%$53.46 (−78.80%)
Showing 9 of 9

US Market Status

Market Closed — Opens Mon (48h 53m)

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