Insider Cluster (3 insiders) ·Filed May 4, 2026

VIAV

VIAVI SOLUTIONS INC.
NEUTRAL
Impact 2/10
Horizondays Processed5mo ago
Insider cluster: 2 insiders, $3.2M total
Actionable Insight • Neutral

The insider sales are too small to signal concern. Monitor for any significant change in insider activity or upcoming filings. The strong earnings report reduces the likelihood of negative intent behind these routine sales.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
VIAV ▼ -38.60% at T+60d
NEUTRAL call ✗ call lost -38.60% · α vs SPY -40.45% · entry $52.49 → $32.23
Entry anchored
May 1, 03:59 PM ET
via exchange tick
T+1d
+2.82%
call +2.82% · α +2.02%
$53.97
settled 5mo ago
T+5d
+4.65%
call +4.65% · α +1.71%
$54.93
settled 5mo ago
T+20d
-9.53%
call -9.53% · α -15.17%
$47.49
settled 4mo ago
T+60d
-38.60%
call -38.60% · α -40.45%
$32.23
settled 2mo ago

Price Chart

Loading chart...

Executive Summary

Two VIAVI insiders sold a total of $3.17M in open-market sales, representing a trivial 0.025% of market cap. The sales follow a strong earnings beat reported 5 days ago and include a CEO gift of 5,600 shares. The dollar amount is immaterial and likely routine profit-taking.

Key Financial Metrics

Direction
selling
Total Value
$3.2M
Insiders
3

Key Facts

  • Director Richard Belluzzo sold 51,110 shares at $53.30 for $2.72M on 2026-05-04.
  • SVP Kevin Siebert sold 8,255 shares at $54.02 for $445,935 on 2026-05-04.
  • CEO Oleg Khaykin gifted 5,600 shares (non-cash) on 2026-04-29.
  • Total open-market sales of $3.17M represent only 0.025% of VIAV's $12.8B market cap.
  • Sales occurred after a strong Q3 FY2026 earnings beat (revenue +42.8% YoY, EPS $0.27 vs. $0.19 consensus).

Financial Impact

Total insider sales of $3.17M, negligible relative to market cap.

dilution

Risk Factors

  • Further insider selling could emerge if insiders view the stock as fully valued after the recent run.

Market Snapshot

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

Investment Themes

Semiconductors

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-VIAV-1777923535608
15 reports for VIAV
Performance horizon
86% Hit rate 6 of 7 directional calls best @ T+5▲ +12.72%Sep 8, 2026
Filters
Rows
Reports for VIAV — sortable, filterable
TypeNow
Sep 8, 2026
24d ago
Court Ruling
BEARISH ★ 4/10
$38.75 $33.82▲ +12.72%▲ +12.06%$47.31 (−22.09%)
Aug 31, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$36.29 $38.75▲ +6.78%▲ +6.92%$47.31 (+30.37%)
Aug 18, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$41.37 $37.71▼ −8.85%▼ −8.65%$47.31 (+14.36%)
Aug 14, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$43.54 $38.90▼ −10.66%▼ −9.29%$47.31 (+8.66%)
Aug 5, 2026
8w ago
Press Release
BULLISH ★ 7/10
$40.59 $42.99▲ +5.91%▲ +4.70%$47.31 (+16.56%)
Jul 15, 2026
11w ago
Press Release
BEARISH ★ 6/10
$36.93 $41.80▼ −13.19%▼ −14.86%$47.31 (−28.11%)
May 21, 2026
19w ago
8-K
BULLISH ★ 7/10
$48.98 $48.49▼ −1.00%▼ −2.60%$47.31 (−3.41%)
May 20, 2026
19w ago
424B5
MIXED ★ 6/10
$48.98 $48.49▼ −1.00%▼ −2.60%$47.31 (−3.41%)
May 4, 2026
21w ago
Insider Cluster
NEUTRAL ★ 3/10
$52.49 $54.93▲ +4.65%▲ +1.71%$47.31 (−9.87%)
May 4, 2026
21w ago
Insider Cluster
NEUTRAL ★ 3/10
$52.49 $54.93▲ +4.65%▲ +1.71%$47.31 (−9.87%)
Showing 10 of 15

US Market Status

Market Open — Closes in 52m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access
Report published May 4, 2026