Lumentum Holdings Inc. $LITE Shares Sold by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC cut its stake in Lumentum Holdings Inc. (NASDAQ:LITE) by 75.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 264 shares of the technology company’s stock after selling 803 shares during the quarter. Silverleafe Capital Partners LLC’s holdings in Lumentum were worth $256,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Hilton Head Capital Partners LLC acquired a new position in Lumentum during the first quarter valued at approximately $25,000. Sachetta LLC boosted its position in shares of Lumentum by 118.8% during the first quarter. Sachetta LLC now owns 35 shares of the technology company’s stock worth $25,000 after purchasing an additional 19 shares in the last quarter. Burkett Financial Services LLC bought a new position in shares of Lumentum during the third quarter worth $28,000. Harbour Investments Inc. grew its holdings in shares of Lumentum by 675.0% in the 4th quarter. Harbour Investments Inc. now owns 93 shares of the technology company’s stock valued at $34,000 after buying an additional 81 shares during the period. Finally, Meeder Asset Management Inc. acquired a new position in shares of Lumentum in the 2nd quarter valued at $40,000. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on LITE shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $1,300.00 price objective on shares of Lumentum in a research note on Wednesday, September 23rd. Raymond James Financial restated an “outperform” rating and issued a $1,036.00 price target on shares of Lumentum in a report on Wednesday, August 12th. Mizuho raised their price target on Lumentum from $1,100.00 to $1,140.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. Needham & Company LLC reiterated a “buy” rating and set a $1,040.00 price objective on shares of Lumentum in a report on Wednesday, August 12th. Finally, UBS Group set a $820.00 price objective on Lumentum in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Lumentum currently has an average rating of “Moderate Buy” and an average target price of $1,073.25.

Key Stories Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Sanford C. Bernstein initiated coverage with an “outperform” rating and a $1,220 price target, citing Lumentum’s exposure to high-growth optical networking and AI infrastructure. Bernstein initiates coverage
• Positive Sentiment: Investors are also focusing on reports of NVIDIA’s approximately $2 billion commitment to expand Lumentum’s capacity and support joint development of data-center optics. The arrangement could improve revenue visibility as AI clusters require faster optical connections. NVIDIA AI infrastructure article
• Positive Sentiment: Market coverage has identified Lumentum as a potential “structural winner” from the shift toward optical networking in AI data centers. The company’s photonics products may benefit from rising data traffic, inference workloads and demand for high-speed connectivity. AI structural winners article
• Positive Sentiment: A Zacks analysis describes Lumentum as a strong growth stock, supporting the broader momentum narrative. Its latest reported quarter also showed revenue up 109.3% year over year, with EPS exceeding analyst expectations and fiscal first-quarter 2027 guidance of $4.05 to $4.35. Zacks growth stock analysis
• Neutral Sentiment: Seeking Alpha characterized LITE as a speculative buy, forecasting substantial future EPS growth but warning that the current valuation requires sustained revenue growth, margin expansion and strong execution. Lumentum AI network analysis
• Negative Sentiment: CFO Wajid Ali sold 24,542 shares worth approximately $25.7 million, reducing his direct stake by 24.64%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal. Other insider sales by Yuen Wupen were considerably smaller relative to his remaining holdings. Lumentum CFO SEC filing

Lumentum Stock Up 3.8%

Shares of Lumentum stock traded up $39.64 during trading on Friday, reaching $1,085.42. The stock had a trading volume of 4,668,360 shares, compared to its average volume of 5,528,230. The company has a current ratio of 1.68, a quick ratio of 1.40 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $97.36 billion, a price-to-earnings ratio of -13.20 and a beta of 1.53. The stock has a fifty day moving average price of $874.94 and a two-hundred day moving average price of $854.11. Lumentum Holdings Inc. has a 52 week low of $147.81 and a 52 week high of $1,091.61.

Lumentum (NASDAQ:LITE) last posted its quarterly earnings data on Tuesday, August 11th. The technology company reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.97 by $0.26. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $987.70 million. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.Lumentum’s quarterly revenue was up 109.3% on a year-over-year basis. During the same period last year, the company earned $0.88 earnings per share. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Sell-side analysts predict that Lumentum Holdings Inc. will post 19.78 EPS for the current fiscal year.

Insider Activity at Lumentum

In related news, insider Vincent Retort sold 38,663 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $852.59, for a total transaction of $32,963,687.17. Following the completion of the transaction, the insider owned 78,440 shares in the company, valued at approximately $66,877,159.60. This represents a 33.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yuen Wupen sold 1,500 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $827.82, for a total transaction of $1,241,730.00. Following the completion of the transaction, the insider directly owned 100,434 shares of the company’s stock, valued at approximately $83,141,273.88. This trade represents a 1.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last ninety days, insiders sold 94,496 shares of company stock worth $85,978,498. 0.43% of the stock is currently owned by corporate insiders.

Lumentum Profile

Lumentum Holdings Inc is a photonics and optical technology company that develops and manufactures products used to transmit, process and manage light. Its solutions support communications networks, data centers, cloud computing infrastructure, industrial applications, and other technology markets that rely on high-speed optical connectivity and precision lasers.

The company’s product portfolio includes optical components and modules for telecommunications and networking, lasers and laser systems, optical amplifiers, wavelength-management products, and photonic subsystems.