Insider selling is immaterial given the company's size. Focus on VIAV's continued operational momentum per recent earnings and upcoming Q4 guidance. No immediate action warranted from this cluster.
Price Chart
Executive Summary
Three VIAVI insiders sold a combined $3.72M in stock over two days, but the total represents only ~0.03% of market cap—trivial and likely routine profit-taking after last week's strong earnings beat. The cluster carries no meaningful signal given the negligible dollar amount relative to company size.
Key Financial Metrics
Key Facts
- 3 insiders sold shares totaling $3.72M from May 4-5, 2026.
- Sales represent ~0.03% of VIAV's $12.6B market cap.
- Occurs 5-7 days after VIAV reported Q3 FY2026 revenue of $406.8M (+42.8% YoY) and non-GAAP EPS beat of $0.27 vs $0.19 consensus.
- No insider purchases in the cluster; all sales are open-market.
- Director Belluzzo sold the largest portion ($2.72M).
Financial Impact
Negligible relative to market cap; $3.72M total insider sales are ~0.03% of $12.6B.
Risk Factors
- Insiders may continue selling if stock appreciates further, but current scale is trivial.
- No risk of adverse signal from this cluster.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-VIAV-1778083789481 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 8, 2026 24d ago | Court Ruling | $38.75 $33.82 | ▲ +12.72% | ▲ +12.06% | $47.15 (−21.68%) |
Aug 31, 2026 4w ago | Insider Cluster | $36.29 $38.75 | ▲ +6.78% | ▲ +6.92% | $47.15 (+29.93%) |
Aug 18, 2026 6w ago | Insider Cluster | $41.37 $37.71 | ▼ −8.85% | ▼ −8.65% | $47.15 (+13.97%) |
Aug 14, 2026 7w ago | Insider Cluster | $43.54 $38.90 | ▼ −10.66% | ▼ −9.29% | $47.15 (+8.29%) |
Aug 5, 2026 8w ago | Press Release | $40.59 $42.99 | ▲ +5.91% | ▲ +4.70% | $47.15 (+16.16%) |
Jul 15, 2026 11w ago | Press Release | $36.93 $41.80 | ▼ −13.19% | ▼ −14.86% | $47.15 (−27.67%) |
May 21, 2026 19w ago | 8-K | $48.98 $48.49 | ▼ −1.00% | ▼ −2.60% | $47.15 (−3.74%) |
May 20, 2026 19w ago | 424B5 | $48.98 $48.49 | ▼ −1.00% | ▼ −2.60% | $47.15 (−3.74%) |
May 4, 2026 21w ago | Insider Cluster | $52.49 $54.93 | ▲ +4.65% | ▲ +1.71% | $47.15 (−10.17%) |
May 4, 2026 21w ago | Insider Cluster | $52.49 $54.93 | ▲ +4.65% | ▲ +1.71% | $47.15 (−10.17%) |
US Market Status
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