Nicholas Investment Partners LP Acquires New Stake in Viavi Solutions Inc. $VIAV

Posted by George Bondi on Jun 14th, 2026

Nicholas Investment Partners LP acquired a new stake in shares of Viavi Solutions Inc. (NASDAQ:VIAV – Free Report) in the fourth quarter, HoldingsChannel reports. The firm acquired 124,276 shares of the communications equipment provider’s stock, valued at approximately $2,215,000.

A number of other large investors also recently bought and sold shares of VIAV. Royal Bank of Canada boosted its holdings in Viavi Solutions by 11.5% during the 1st quarter. Royal Bank of Canada now owns 183,320 shares of the communications equipment provider’s stock valued at $2,051,000 after acquiring an additional 18,910 shares during the period. AQR Capital Management LLC boosted its holdings in Viavi Solutions by 110.5% during the 1st quarter. AQR Capital Management LLC now owns 33,663 shares of the communications equipment provider’s stock valued at $377,000 after acquiring an additional 17,673 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Viavi Solutions by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,061 shares of the communications equipment provider’s stock valued at $1,467,000 after acquiring an additional 5,775 shares during the period. Millennium Management LLC boosted its holdings in Viavi Solutions by 205.4% during the 1st quarter. Millennium Management LLC now owns 476,767 shares of the communications equipment provider’s stock valued at $5,335,000 after acquiring an additional 320,662 shares during the period. Finally, United Services Automobile Association purchased a new position in Viavi Solutions during the 1st quarter valued at $165,000. Hedge funds and other institutional investors own 95.54% of the company’s stock.

Viavi Solutions Trading Up 6.4%

VIAV opened at $53.46 on Friday. The firm has a market cap of $12.50 billion, a price-to-earnings ratio of -222.74 and a beta of 1.18. The company has a current ratio of 1.61, a quick ratio of 1.39 and a debt-to-equity ratio of 0.99. Viavi Solutions Inc. has a 12 month low of $9.08 and a 12 month high of $60.43. The stock has a fifty day moving average price of $47.36 and a 200-day moving average price of $32.04.

Viavi Solutions (NASDAQ:VIAV – Get Free Report) last announced its earnings results on Wednesday, April 29th. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. Viavi Solutions had a positive return on equity of 16.80% and a negative net margin of 4.03%.The company had revenue of $406.80 million for the quarter, compared to analyst estimates of $393.80 million. During the same period in the prior year, the company posted $0.15 EPS. The firm’s quarterly revenue was up 42.8% compared to the same quarter last year. Viavi Solutions has set its Q4 2026 guidance at 0.290-0.310 EPS. As a group, equities research analysts anticipate that Viavi Solutions Inc. will post 0.73 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

VIAV has been the subject of a number of recent analyst reports. Weiss Ratings upgraded Viavi Solutions from a “sell (d-)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Wall Street Zen raised Viavi Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Rosenblatt Securities reaffirmed a “buy” rating and set a $70.00 target price on shares of Viavi Solutions in a research report on Wednesday. Susquehanna lifted their target price on Viavi Solutions from $25.00 to $65.00 and gave the company a “positive” rating in a research report on Thursday, April 30th. Finally, B. Riley Financial lifted their target price on Viavi Solutions from $26.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $42.75.

Get Our Latest Analysis on VIAV

Insider Activity at Viavi Solutions

In related news, CEO Oleg Khaykin sold 136,547 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $51.82, for a total transaction of $7,075,865.54. Following the transaction, the chief executive officer directly owned 1,188,798 shares of the company’s stock, valued at $61,603,512.36. This represents a 10.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Doug Gilstrap sold 10,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $55.00, for a total value of $550,000.00. Following the transaction, the director directly owned 55,766 shares in the company, valued at $3,067,130. This represents a 15.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 450,369 shares of company stock worth $23,789,119 over the last ninety days. Corporate insiders own 1.80% of the company’s stock.

Viavi Solutions Profile

(Free Report)

Viavi Solutions Inc is a provider of network test, monitoring and assurance solutions for communications service providers, cable operators, enterprises and government agencies. The company offers an extensive portfolio of fiber optic and copper cable test and measurement instruments, wireless network testing equipment and network performance monitoring software. Its products are designed to support the deployment, maintenance and optimization of high-speed broadband, 5G wireless, data center and enterprise networks.

Viavi’s product offerings are organized into two primary segments: Network & Service Enablement and Optical Security & Performance.