Insider Cluster (6 insiders) ·Filed May 4, 2026
Insider cluster: 6 insiders, $10.0M total
Actionable Insight • Neutral
Insider selling is immaterial in size. No bearish signal from this cluster. Monitor future filings for larger percentage selling or unexpected insider buying.
Final — all horizons settled through T+60d ⚠ clustered
VIAV ▼ -38.60% at T+60d
NEUTRAL call ✗ call lost -38.60% · α vs SPY -40.45% · entry $52.49 → $32.23
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
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Executive Summary
6 insiders sold $9.96M total (0.08% of market cap) in the week following a strong Q3 earnings beat. CEO Khaykin sold $5.71M, but relative to $12.6B cap, the selling is trivial and likely routine profit-taking.
Key Financial Metrics
Direction
selling
Total Value
$10.0M
Insiders
6
Key Facts
- CEO Oleg Khaykin sold 104,552 shares for $5.71M on 2026-05-05
- Director Richard Belluzzo sold 51,110 shares for $2.72M on 2026-05-04
- Total insider sales: $9.96M, representing 0.079% of $12.6B market cap
- All 6 transactions were open-market sales, occurring 2-7 days after strong Q3 earnings
- Q3 FY2026 revenue $406.8M (+42.8% YoY), non-GAAP EPS $0.27 vs consensus $0.19
Financial Impact
Insider sales of $9.96M total, negligible relative to $12.6B market cap (0.08%)
Risk Factors
- Insider sentiment may shift if selling accelerates in subsequent weeks
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.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-VIAV-1778090128953 |
15 reports for VIAV
86% Hit rate best @ T+5▲ +12.72%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 8, 2026 24d ago | Court Ruling | $38.75 $33.82 | ▲ +12.72% | ▲ +12.06% | $47.22 (−21.86%) |
Aug 31, 2026 4w ago | Insider Cluster | $36.29 $38.75 | ▲ +6.78% | ▲ +6.92% | $47.22 (+30.12%) |
Aug 18, 2026 6w ago | Insider Cluster | $41.37 $37.71 | ▼ −8.85% | ▼ −8.65% | $47.22 (+14.14%) |
Aug 14, 2026 7w ago | Insider Cluster | $43.54 $38.90 | ▼ −10.66% | ▼ −9.29% | $47.22 (+8.45%) |
Aug 5, 2026 8w ago | Press Release | $40.59 $42.99 | ▲ +5.91% | ▲ +4.70% | $47.22 (+16.33%) |
Jul 15, 2026 11w ago | Press Release | $36.93 $41.80 | ▼ −13.19% | ▼ −14.86% | $47.22 (−27.86%) |
May 21, 2026 19w ago | 8-K | $48.98 $48.49 | ▼ −1.00% | ▼ −2.60% | $47.22 (−3.59%) |
May 20, 2026 19w ago | 424B5 | $48.98 $48.49 | ▼ −1.00% | ▼ −2.60% | $47.22 (−3.59%) |
May 4, 2026 21w ago | Insider Cluster | $52.49 $54.93 | ▲ +4.65% | ▲ +1.71% | $47.22 (−10.04%) |
May 4, 2026 21w ago | Insider Cluster | $52.49 $54.93 | ▲ +4.65% | ▲ +1.71% | $47.22 (−10.04%) |
Showing 10 of 15
US Market Status
Market Open — Closes in 42m
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