Lumen Technologies (NYSE:LUMN) CEO Kathleen Johnson Buys 78,685 Shares

Lumen Technologies, Inc. (NYSE:LUMN) CEO Kathleen Johnson purchased 78,685 shares of Lumen Technologies stock in a transaction that occurred on Thursday, February 5th. The shares were bought at an average cost of $6.35 per share, for a total transaction of $499,649.75. Following the completion of the transaction, the chief executive officer directly owned 8,562,582 shares in the company, valued at $54,372,395.70. This represents a 0.93% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Lumen Technologies Stock Up 13.9%

LUMN opened at $7.09 on Friday. The firm’s 50 day moving average is $8.21 and its 200-day moving average is $7.02. Lumen Technologies, Inc. has a 52-week low of $3.01 and a 52-week high of $11.95. The firm has a market capitalization of $7.28 billion, a P/E ratio of -4.05 and a beta of 1.51.

Lumen Technologies (NYSE:LUMN) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.44. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $3.04 billion. Lumen Technologies had a negative net margin of 14.02% and a negative return on equity of 158.40%. The business’s revenue was down 8.7% on a year-over-year basis. During the same period last year, the business earned $0.09 EPS. Equities analysts expect that Lumen Technologies, Inc. will post -0.87 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Lumen Technologies

Several institutional investors have recently modified their holdings of the company. UMB Bank n.a. boosted its position in shares of Lumen Technologies by 49.1% during the third quarter. UMB Bank n.a. now owns 4,105 shares of the technology company’s stock worth $25,000 after buying an additional 1,351 shares during the period. Farther Finance Advisors LLC raised its stake in Lumen Technologies by 132.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,954 shares of the technology company’s stock valued at $26,000 after acquiring an additional 3,391 shares in the last quarter. MRP Capital Investments LLC boosted its position in Lumen Technologies by 160.0% during the 2nd quarter. MRP Capital Investments LLC now owns 6,500 shares of the technology company’s stock worth $28,000 after acquiring an additional 4,000 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Lumen Technologies by 3,527.9% in the second quarter. Caitong International Asset Management Co. Ltd now owns 6,639 shares of the technology company’s stock worth $29,000 after purchasing an additional 6,456 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Lumen Technologies during the fourth quarter valued at $30,000. Institutional investors own 66.19% of the company’s stock.

Key Stories Impacting Lumen Technologies

Here are the key news stories impacting Lumen Technologies this week:

• Positive Sentiment: CEO Kathleen Johnson bought 78,685 shares at ~$6.35 on Feb. 5, a near 1% increase in her stake — an insider purchase that signals management confidence and likely helped early buying interest. SEC Filing
• Positive Sentiment: Q4 results: Lumen beat EPS expectations (reported positive EPS vs. street loss) and management highlighted large AI-driven fiber demand, including ~$13B in PCF deals — a strategic win that supports revenue upside from enterprise/network investments. Zacks Article
• Positive Sentiment: Lumen reported Q1 CY2026 sales topping estimates and reiterated the strategic pivot to enterprise and network investments on the earnings call, which supports a constructive medium‑term narrative. Globe and Mail
• Neutral Sentiment: J.P. Morgan moved LUMN to a “Hold” (market perform), reflecting cautious support rather than a strong buy and keeping analyst sentiment mixed. Globe and Mail
• Neutral Sentiment: UBS nudged its price target up from $5 to $6 and kept a neutral rating — a modest vote of confidence but little near-term conviction. Benzinga
• Neutral Sentiment: Goldman lifted its price target to $7.25 (neutral), another mixed analyst move that provides incremental support but not a strong upgrade. Benzinga
• Negative Sentiment: Citigroup cut its price target to $10 (still above current levels but a cut), signaling concern about near‑term catalysts and trimming expectations. American Banking News
• Negative Sentiment: Raymond James flagged growth hurdles and downgraded/expressed caution around Lumen’s ability to reaccelerate revenue, and shares have been pressured by year‑over‑year revenue declines (~9% in Q4). Yahoo Finance
• Negative Sentiment: Coverage pieces noted earlier sharp intraday declines (AAII story on a ~19.7% drop), reflecting volatility after mixed results and analyst churn. AAII

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Royal Bank Of Canada raised their price target on shares of Lumen Technologies from $4.25 to $8.00 and gave the stock a “sector perform” rating in a research report on Tuesday, November 25th. Zacks Research raised shares of Lumen Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 8th. The Goldman Sachs Group upped their target price on shares of Lumen Technologies from $5.50 to $7.25 and gave the company a “neutral” rating in a research note on Wednesday. Raymond James Financial reiterated a “market perform” rating on shares of Lumen Technologies in a research note on Wednesday. Finally, Citigroup lowered their price objective on Lumen Technologies from $11.00 to $10.00 and set a “neutral” rating for the company in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $6.88.

About Lumen Technologies

Lumen Technologies is a multinational technology company specializing in integrated network, edge cloud, security and collaboration services for enterprise and public sector clients. The company’s core offerings include high-capacity fiber and IP-based connectivity, managed edge computing solutions designed to accelerate applications and data processing closer to end users, and cybersecurity services ranging from DDoS protection to unified threat management. Through its unified portfolio, Lumen enables organizations to support digital transformation initiatives, modernize infrastructure and enhance operational resilience.

Leveraging one of the largest fiber footprints in North America, as well as infrastructure in Latin America and parts of Europe, Lumen connects customers across more than 60 countries.