Golden State Equity Partners Makes New $238,000 Investment in Lumentum Holdings Inc. $LITE

Golden State Equity Partners bought a new position in shares of Lumentum Holdings Inc. (NASDAQ:LITE) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 645 shares of the technology company’s stock, valued at approximately $238,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new position in Lumentum during the fourth quarter worth about $28,000. Chesapeake Asset Management LLC bought a new position in Lumentum during the fourth quarter worth about $37,000. BOCHK Asset Management Ltd bought a new position in Lumentum during the fourth quarter worth about $37,000. EverSource Wealth Advisors LLC lifted its holdings in Lumentum by 363.9% during the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock worth $27,000 after acquiring an additional 131 shares in the last quarter. Finally, Danske Bank A S bought a new position in Lumentum during the third quarter worth about $33,000. 94.05% of the stock is currently owned by institutional investors.

Lumentum Stock Performance

LITE opened at $791.37 on Wednesday. The business’s 50-day moving average price is $749.51 and its two-hundred day moving average price is $476.24. Lumentum Holdings Inc. has a 1 year low of $56.80 and a 1 year high of $960.00. The company has a market capitalization of $56.50 billion, a price-to-earnings ratio of 242.75 and a beta of 1.38. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.61 and a quick ratio of 0.45.

Lumentum (NASDAQ:LITE) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.26. Lumentum had a return on equity of 17.27% and a net margin of 11.95%.The firm had revenue of $665.50 million for the quarter, compared to the consensus estimate of $646.74 million. During the same quarter last year, the business posted $0.42 EPS. The company’s revenue for the quarter was up 65.5% on a year-over-year basis. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. Equities analysts expect that Lumentum Holdings Inc. will post 5.87 EPS for the current fiscal year.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Demand tailwind from AI data?center buildouts: analysts note strong traction for Lumentum’s 1.6T transceivers — a core revenue driver if AI hyperscalers continue capacity expansion. This supports upside to revenue and unit volumes going into the next quarter. Lumentum Gains From Traction in Transceivers: What’s Ahead?
• Positive Sentiment: Bull investor view: some investors argue the long-term TAM for lasers/transceivers tied to 1.6T/3.2T deployments still leaves room for growth despite the massive YTD run — a bullish sentiment that can support buy?and?hold flows. Lumentum Stock: Why I’m Buying In After A 1300% Run-Up
• Neutral Sentiment: Valuation and positioning debate: commentary asks whether current prices already reflect Lumentum’s story after large multi?period gains — useful framing for investors weighing risk/reward but not an immediate catalyst. Is It Too Late To Consider Lumentum Holdings (LITE) After Its 2024 Price Surge?
• Negative Sentiment: AI/tech sector pullback and pre?earnings de?risking: a broad selloff in AI?linked and high?multiple tech stocks amplified downside for recent winners like LITE as traders reduced exposure ahead of next week’s earnings, pressuring the share price. Lumentum slides as AI/tech selloff and pre-earnings positioning hit highfliers
• Negative Sentiment: Insider selling and elevated expectations raise risk: reported insider sales (multiple executives) and a rich P/E make the stock more sensitive to any earnings/guidance miss; analysts are watching whether Lumentum can deliver the growth priced in for May 5. Lumentum slides as AI/tech selloff and pre-earnings positioning hit highfliers
• Negative Sentiment: Earnings outlook is a near-term catalyst: previews suggest Wall Street expects earnings growth but that Lumentum may lack the specific setup for an easy beat — meaning guidance and execution in next week’s report will likely drive volatility. Lumentum (LITE) Reports Next Week: Wall Street Expects Earnings Growth

Analyst Upgrades and Downgrades

LITE has been the topic of several recent analyst reports. Stifel Nicolaus lifted their target price on Lumentum to $800.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. UBS Group lifted their target price on Lumentum from $215.00 to $455.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. TD Cowen lifted their target price on Lumentum from $675.00 to $875.00 and gave the stock a “hold” rating in a report on Friday, April 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Lumentum in a report on Tuesday, April 21st. Finally, Barclays lifted their price target on Lumentum to $750.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Lumentum has a consensus rating of “Moderate Buy” and an average target price of $757.25.

Insider Transactions at Lumentum

In related news, CFO Wajid Ali sold 5,302 shares of Lumentum stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $691.13, for a total value of $3,664,371.26. Following the sale, the chief financial officer owned 66,287 shares of the company’s stock, valued at approximately $45,812,934.31. The trade was a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Yuen Wupen sold 3,157 shares of Lumentum stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $538.00, for a total value of $1,698,466.00. Following the completion of the sale, the insider directly owned 88,439 shares in the company, valued at approximately $47,580,182. This represents a 3.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 65,775 shares of company stock worth $38,851,343. Company insiders own 0.43% of the company’s stock.

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.