F m Investments LLC Buys Shares of 2,448 Lumentum Holdings Inc. $LITE

F m Investments LLC bought a new stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE) in the fourth quarter, Holdings Channel.com reports. The firm bought 2,448 shares of the technology company’s stock, valued at approximately $902,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP boosted its stake in Lumentum by 6.4% during the 3rd quarter. Allworth Financial LP now owns 784 shares of the technology company’s stock valued at $128,000 after purchasing an additional 47 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its stake in Lumentum by 0.4% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 15,559 shares of the technology company’s stock valued at $2,532,000 after purchasing an additional 64 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in Lumentum by 58.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 205 shares of the technology company’s stock valued at $76,000 after purchasing an additional 76 shares during the period. V Square Quantitative Management LLC acquired a new position in Lumentum during the 4th quarter valued at about $28,000. Finally, UMB Bank n.a. boosted its stake in Lumentum by 11.2% during the 3rd quarter. UMB Bank n.a. now owns 920 shares of the technology company’s stock valued at $150,000 after purchasing an additional 93 shares during the period. 94.05% of the stock is owned by institutional investors and hedge funds.

Lumentum Stock Down 0.1%

LITE stock opened at $903.12 on Monday. Lumentum Holdings Inc. has a 52 week low of $63.98 and a 52 week high of $1,021.00. The company has a market capitalization of $70.26 billion, a price-to-earnings ratio of 167.24 and a beta of 1.53. The firm’s 50-day moving average is $776.13 and its two-hundred day moving average is $502.93. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01.

Lumentum (NASDAQ:LITE) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.10. Lumentum had a net margin of 17.61% and a return on equity of 24.81%. The company had revenue of $808.40 million for the quarter, compared to the consensus estimate of $810.21 million. During the same period in the previous year, the firm earned $0.57 EPS. Lumentum’s revenue was up 90.1% on a year-over-year basis. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. On average, analysts forecast that Lumentum Holdings Inc. will post 5.95 earnings per share for the current fiscal year.

Key Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Lumentum reported fiscal Q3 earnings that beat estimates, with revenue up 90% year over year on strong cloud and AI demand; the company also said 1.6T transceiver shipments are set to ramp in fiscal Q4. Article Title
• Positive Sentiment: Several analysts turned constructive on Lumentum, including Craig Hallum raising its price target to $1,150, Barclays lifting its target to $1,000, Loop Capital boosting its target to $1,400, and Rothschild Redburn initiating coverage with a Buy rating and a $1,270 target.
• Positive Sentiment: Other note writers, including JPMorgan and BNP Paribas Exane, also issued upbeat outlooks, reinforcing the view that demand is exceeding supply and that the company remains well positioned in AI and cloud optics.
• Neutral Sentiment: One market report said the stock was among several technology names with conflicted analyst views, suggesting investors are still weighing valuation against growth expectations. Article Title
• Negative Sentiment: Despite the strong fundamentals, Lumentum shares slipped intraday as the AI optics trade cooled, with peers like Coherent and Applied Optoelectronics also falling sharply, pointing to sector profit-taking rather than company-specific weakness. Article Title

Insider Buying and Selling at Lumentum

In related news, Director Penny Herscher sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $597.29, for a total value of $2,389,160.00. Following the sale, the director directly owned 2,057 shares in the company, valued at $1,228,625.53. The trade was a 66.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Vincent Retort sold 3,441 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $545.78, for a total transaction of $1,878,028.98. Following the completion of the sale, the insider owned 95,975 shares in the company, valued at $52,381,235.50. The trade was a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 60,926 shares of company stock valued at $36,254,801 over the last quarter. Company insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on LITE. Barclays boosted their target price on shares of Lumentum from $750.00 to $1,000.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Mizuho set a $1,100.00 price target on shares of Lumentum in a research report on Wednesday. Needham & Company LLC boosted their price target on shares of Lumentum from $880.00 to $1,040.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Raymond James Financial restated an “outperform” rating and set a $1,014.00 price target on shares of Lumentum in a research report on Wednesday. Finally, Rosenblatt Securities boosted their price target on shares of Lumentum from $900.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,003.75.

About Lumentum

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.