Richard John Burns, a Director at Viavi Solutions, sold 3,384 shares on Dec. 10, 2025, reducing his direct ownership to 0.0015% of outstanding shares. The transaction was for $63,483.84, representing 50.00% of his direct holdings. Burns sold under a Rule 10b5-1 trading plan, amid the stock’s 85% rise in the past year.

Viavi Solutions, a tech company in network testing and security, serves various sectors globally. With $1.15 billion in revenue, $15.20 million in net income, and 3,600 employees, it has seen a 62.90% price change. The stock’s current valuation reflects its past decline and recent profitability recovery, with a forward P/E ratio of 29.

The sale by Burns was solely of direct shares, with no indirect or derivative activity involved. Viavi’s business model focuses on network solutions for communication infrastructure, supporting a diverse customer base. The recent surge in stock price likely influenced Burns’ decision to sell, amidst the industry’s strong performance driven by the demand for AI-related services.

Read more at Yahoo Finance: Director Sells VIAV 3,384 Shares for $63,484