Director Sells 40,000 Shares of Viavi Solutions Stock for $683,600

Core Insights - Viavi Solutions Director Donald Colvin sold 40,000 shares for approximately $683,600, representing over 21% of his direct holdings [2][3][7] Company Overview - Viavi Solutions has a market capitalization of $3.74 billion and reported a revenue of $1.15 billion for the trailing twelve months (TTM) [5][9] - The company's stock price closed at $16.76 on November 4, 2025, with a one-year price change of 74.90% [5][10] Transaction Details - The sale was executed at a weighted average price of $17.09 per share, which is close to the market open price of $17.08 and above the closing price of $16.76 on the same day [7][10] - Post-transaction, Colvin retains 148,524 shares valued at approximately $2,489,300 [3][7] Historical Context - This transaction marks Colvin's first open-market sale since November 2022, with previous filings being administrative and not affecting his share count [7] - Viavi Solutions' stock has recently traded near five-year highs, recovering from a significant decline during the 2022 bear market [10][11] Industry Position - Viavi Solutions provides network test, monitoring, and assurance solutions, serving various sectors including communications, enterprise, government, and industrial markets [8][9] - The company is recognized for its expertise in network enablement and service assurance, addressing complex needs in the technology sector [9]