Maxi Investments CY Ltd Acquires Shares of 6,000 Lumentum Holdings Inc. $LITE

Maxi Investments CY Ltd acquired a new position in shares of Lumentum Holdings Inc. (NASDAQ:LITE) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 6,000 shares of the technology company’s stock, valued at approximately $2,212,000.

Several other institutional investors and hedge funds also recently modified their holdings of LITE. V Square Quantitative Management LLC purchased a new stake in shares of Lumentum during the 4th quarter valued at about $28,000. Chesapeake Asset Management LLC acquired a new position in Lumentum during the 4th quarter worth approximately $37,000. BOCHK Asset Management Ltd purchased a new position in Lumentum in the 4th quarter worth approximately $37,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Lumentum in the fourth quarter valued at approximately $55,000. Finally, EverSource Wealth Advisors LLC grew its position in Lumentum by 363.9% in the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock valued at $27,000 after acquiring an additional 131 shares in the last quarter. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Insider Activity at Lumentum

In related news, insider Vincent Retort sold 3,441 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $545.78, for a total value of $1,878,028.98. Following the completion of the sale, the insider directly owned 95,975 shares of the company’s stock, valued at $52,381,235.50. The trade was a 3.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Yuen Wupen sold 3,157 shares of the company’s stock in a transaction that occurred on 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 sale, the insider owned 88,439 shares in the company, valued at $47,580,182. The trade was a 3.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 60,926 shares of company stock worth $36,254,801. Company insiders own 0.43% of the company’s stock.

Lumentum Stock Down 5.5%

LITE stock opened at $892.25 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.45 and a debt-to-equity ratio of 0.01. The firm has a 50 day simple moving average of $776.13 and a 200-day simple moving average of $502.93. The company has a market capitalization of $63.71 billion, a P/E ratio of 165.23 and a beta of 1.53. Lumentum Holdings Inc. has a twelve month low of $63.98 and a twelve month high of $1,021.00.

Lumentum (NASDAQ:LITE) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.10. The firm had revenue of $808.40 million for the quarter, compared to analysts’ expectations of $810.21 million. Lumentum had a net margin of 17.61% and a return on equity of 24.81%. The firm’s quarterly revenue was up 90.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.57 earnings per share. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. On average, equities research analysts predict that Lumentum Holdings Inc. will post 5.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on LITE. Craig Hallum boosted their target price on shares of Lumentum from $900.00 to $1,150.00 in a research report on Wednesday. Barclays lifted their price target on shares of Lumentum from $750.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Wednesday. BNP Paribas Exane boosted their price objective on shares of Lumentum from $1,040.00 to $1,300.00 in a report on Wednesday. Needham & Company LLC upped their price objective on shares of Lumentum from $880.00 to $1,040.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Lumentum in a research note on Tuesday, April 21st. Thirteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Lumentum presently has a consensus rating of “Moderate Buy” and an average price target of $1,003.75.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Q3 results beat and strong guidance — Lumentum reported an EPS beat and revenue up ~90% year?over?year driven by cloud/AI demand; management forecasted continued strength and a ramp of 1.6T transceiver shipments into fiscal Q4, supporting near?term growth expectations. LITE Q3 Earnings Beat Estimates, Revenues Rise Y/Y, Shares Drop
• Positive Sentiment: Wall of bullish analyst action — multiple firms raised price targets and issued buy/overweight calls (Rothschild Redburn PT $1,270; BNP Paribas/Exane to $1,300; Rosenblatt to $1,300; Loop Capital to $1,400; JPMorgan to $1,130; Barclays to $1,000; Craig Hallum to $1,150), signaling strong conviction on longer?term AI/data?center demand. Rothschild Redburn Gives Lumentum (LITE) a Buy Rating Craig Hallum Adjusts Price Target
• Neutral Sentiment: Demand vs. supply narrative — analysts note demand is exceeding supply (and the company flagged customer commitments and sector updates), which supports revenue durability but could keep near?term delivery constraints and backlog dynamics in focus. Lumentum continues to see demand exceeding supply
• Negative Sentiment: Profit?taking and optics trade cooling — after the strong beat and guidance, investors rotated out of optics winners today; Lumentum moved down alongside peers as the AI/optics trade cooled, amplifying volatility. Applied Optoelectronics Crashes 14%, Coherent Slides 10%, Lumentum Falls 7% as Optics Trade Cools
• Negative Sentiment: Expectations vs. growth — some commentary and investor reaction suggest the stock is pricing very high growth already; a few writeups questioned whether expectations may be outrunning sustainable near?term execution, which can prompt short?term selling despite upside longer term. Lumentum falls 5% after results: are expectations outrunning growth?

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.