Donald A. Colvin, a member of the board of Viavi Solutions Inc. (NASDAQ: VIAV), executed sales of 25,000 shares of the company’s common stock on February 26, 2026, generating approximately $730,750 in proceeds.
The disposition was completed across several trades, with executed prices falling in a narrow band between $29.20 and $29.29 per share. The stock has been trading close to its 52-week high of $31.42, after a run that has seen the share price rise roughly 170% over the last year.
Following the sale, Colvin’s direct holdings in Viavi stand at 147,053 shares. Market analytics from InvestingPro flag VIAV as appearing overvalued relative to its Fair Value - a datapoint the service uses to inform investor timing decisions. Interested readers are directed to the Most Overvalued list for additional context on that analysis.
Viavi’s recent operational disclosures include second-quarter fiscal 2026 results that bested consensus estimates. The company reported earnings per share of $0.22, ahead of the $0.19 forecast, constituting a 15.79% earnings surprise. Revenue for the quarter came in at $369.3 million, modestly topping analysts’ expectations of $365.25 million.
On the product front, Viavi introduced a patent-pending solution named the Cesium-less ePRTC360+ holdover. The offering is described as a protective measure for critical infrastructure against GNSS timing disruptions. According to the company’s announcement, the ePRTC360+ is the only alternative to cesium atomic clocks that meets the ITU-T G.8272.1 standard for Enhanced Primary Reference Time Clock holdover.
Taken together, the insider sale, the quarter’s results, and the product launch present a mixed picture: an insider trimming a position while the company reports slightly stronger-than-expected financials and promotes a standards-compliant timing technology intended for infrastructure protection.
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