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.
Price Chart
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
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
Risk Factors
- Further insider selling if stock price remains elevated
- Potential negative signal if larger unplanned sales appear
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-1778261103237 |
Filters
| 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%) |
US Market Status
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