Viavi Solutions Director Laura Black Sells $3.3 Million Worth of Shares
Laura A. Black, a director at Viavi Solutions Inc., sold 71,000 shares for approximately $3.3 million on August 17, 2026, according to an SEC Form 4 filing. The transaction reduced her direct equity stake by about half, leaving her with around 71,497 shares valued at roughly $3.31 million as of the market close that day. Viavi Solutions has a current market capitalization of $11.4 billion and reported trailing twelve-month revenue of $1.5 billion but also recorded a net loss of -$30.4 million during the same period. The company operates in three core segments—Network Enablement, Network Intelligence, and Optical Security—and serves telecommunications providers, equipment manufacturers, government agencies, and other industries. The sale may signal profit-taking by Black following Viavi's strong performance over the past year, with its stock rising 329%. However, investors might view this insider activity as a potential sign of caution. The company has seen increased demand for its network testing solutions due to data center expansion and reported a 40% annual revenue increase in fiscal 2026.
Tickers: $VIAV
Topics: directors SEC_filings stock_sales