Lumentum Holdings Inc. $LITE Shares Bought by Compound Planning Inc.

Compound Planning Inc. grew its holdings in Lumentum Holdings Inc. (NASDAQ:LITE) by 67.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,154 shares of the technology company’s stock after acquiring an additional 1,271 shares during the period. Compound Planning Inc.’s holdings in Lumentum were worth $2,217,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of LITE. Hilton Head Capital Partners LLC acquired a new stake in shares of Lumentum in the first quarter valued at $25,000. Sachetta LLC boosted its holdings in Lumentum by 118.8% in the first quarter. Sachetta LLC now owns 35 shares of the technology company’s stock valued at $25,000 after purchasing an additional 19 shares during the period. Wiser Advisor Group LLC grew its stake in Lumentum by 6,000.0% during the 1st quarter. Wiser Advisor Group LLC now owns 61 shares of the technology company’s stock worth $43,000 after purchasing an additional 60 shares in the last quarter. SJS Investment Consulting Inc. grew its stake in Lumentum by 687.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 63 shares of the technology company’s stock worth $44,000 after purchasing an additional 55 shares in the last quarter. Finally, Truvestments Capital LLC increased its holdings in Lumentum by 300.0% during the 4th quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock worth $28,000 after purchasing an additional 57 shares during the period. Institutional investors and hedge funds own 94.05% of the company’s stock.

Key Headlines Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Barclays recently upgraded Lumentum and cited expectations for continued earnings strength, keeping the photonics maker in focus ahead of its next earnings report.
• Positive Sentiment: Zacks highlighted Lumentum as one of three stocks worth buying after recent broker rating upgrades, reinforcing the bullish analyst backdrop.
• Positive Sentiment: Analysts now describe Lumentum as a “Moderate Buy,” reflecting broad Street confidence in the company’s outlook.
• Positive Sentiment: Recent coverage has tied Lumentum to AI and data-center spending themes, with investors expecting optical networking suppliers to benefit from ongoing infrastructure buildout.
• Neutral Sentiment: Investors are also watching Lumentum’s upcoming quarterly earnings preview, with results likely to be a key catalyst for the stock.
• Negative Sentiment: Short interest data showed 0 shares reported, so there is no meaningful bearish signal from the latest short-interest update.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Zacks Research lowered Lumentum from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. TD Cowen lowered their price objective on Lumentum from $995.00 to $800.00 and set a “hold” rating for the company in a research report on Monday, July 13th. Craig Hallum upped their target price on shares of Lumentum from $900.00 to $1,150.00 in a research note on Wednesday, May 6th. BNP Paribas Exane raised their target price on shares of Lumentum from $1,040.00 to $1,300.00 in a report on Wednesday, May 6th. Finally, Stifel Nicolaus lifted their price target on shares of Lumentum from $800.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Lumentum currently has an average rating of “Moderate Buy” and a consensus price target of $1,012.67.

Lumentum Stock Down 8.5%

LITE stock opened at $762.99 on Friday. 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 Holdings Inc. has a twelve month low of $101.22 and a twelve month high of $1,085.68. The company’s 50 day moving average is $844.69 and its two-hundred day moving average is $725.88. The stock has a market cap of $59.36 billion, a P/E ratio of 141.29 and a beta of 1.48.

Lumentum (NASDAQ:LITE) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.10. Lumentum had a net margin of 17.61% and a return on equity of 24.81%. The business had revenue of $808.40 million during the quarter, compared to the consensus estimate of $810.21 million. During the same quarter in the previous year, the firm earned $0.57 EPS. The company’s revenue was up 90.1% compared to the same quarter last year. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. Research analysts expect that Lumentum Holdings Inc. will post 6.42 earnings per share for the current fiscal year.

Insider Transactions at Lumentum

In related news, Director Isaac Hosojiro Harris sold 1,416 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $1,000.08, for a total value of $1,416,113.28. Following the completion of the sale, the director directly owned 6,984 shares of the company’s stock, valued at $6,984,558.72. The trade was a 16.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vincent Retort sold 3,183 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $953.95, for a total transaction of $3,036,422.85. Following the completion of the transaction, the insider owned 89,563 shares of the company’s stock, valued at $85,438,623.85. This represents a 3.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 41,260 shares of company stock valued at $38,859,220 over the last quarter. 0.43% of the stock is owned by corporate insiders.

Lumentum Profile

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.