National Pension Service Raises Stake in Lumentum Holdings Inc. $LITE

National Pension Service raised its holdings in Lumentum Holdings Inc. (NASDAQ:LITE) by 2,501.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 104,049 shares of the technology company’s stock after purchasing an additional 100,049 shares during the quarter. National Pension Service owned about 0.12% of Lumentum worth $89,280,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Hilton Head Capital Partners LLC acquired a new stake in shares of Lumentum during the first quarter worth about $25,000. Sachetta LLC increased its position in Lumentum by 118.8% in the 1st quarter. Sachetta LLC now owns 35 shares of the technology company’s stock valued at $25,000 after acquiring an additional 19 shares during the period. Truvestments Capital LLC raised its stake in Lumentum by 300.0% during the 4th quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock valued at $28,000 after acquiring an additional 57 shares during the last quarter. Triumph Capital Management purchased a new stake in Lumentum during the 4th quarter valued at approximately $30,000. Finally, Danske Bank A S acquired a new stake in Lumentum during the 3rd quarter worth approximately $33,000. 94.05% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Lumentum

In related news, CEO Michael E. Hurlston sold 548 shares of Lumentum stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $958.66, for a total transaction of $525,345.68. Following the completion of the transaction, the chief executive officer directly owned 186,951 shares of the company’s stock, valued at approximately $179,222,445.66. The trade was a 0.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Jae Kim sold 12,000 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $852.58, for a total value of $10,230,960.00. Following the sale, the senior vice president owned 37,804 shares in the company, valued at approximately $32,230,934.32. The trade was a 24.09% decrease in their ownership of the stock. 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. Insiders sold 66,147 shares of company stock worth $56,741,571 over the last quarter. Insiders own 0.43% of the company’s stock.

Lumentum Trading Down 0.9%

NASDAQ:LITE opened at $927.03 on Friday. The stock has a fifty day moving average price of $829.50 and a two-hundred day moving average price of $827.28. The stock has a market capitalization of $83.15 billion, a price-to-earnings ratio of -11.28 and a beta of 1.53. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.40 and a current ratio of 1.68. Lumentum Holdings Inc. has a 1 year low of $144.52 and a 1 year high of $1,085.68.

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

Key Headlines Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI data-center demand remains the main catalyst. Lumentum is benefiting from the shift from copper to fiber optics, record 800G transceiver shipments and tight supply of EML lasers. Analysts see significant growth potential as customers increase spending on high-speed optical infrastructure, particularly from 2027 onward. Lumentum: Why 2027 Will Be a Game Changer
• Positive Sentiment: Recent financial results and guidance were strong. Lumentum’s latest quarterly revenue reached approximately $1.01 billion, while adjusted EPS of $3.23 exceeded the $2.97 consensus estimate. Revenue more than doubled year over year, and first-quarter fiscal 2027 EPS guidance of $4.05 to $4.35 supports expectations for continued earnings momentum.
• Positive Sentiment: Analyst and institutional interest remains supportive. LITE has been highlighted as an AI infrastructure “buy zone” stock, and the analyst consensus remains “Moderate Buy,” with an average price target above the latest reported trading level. Institutional investors and hedge funds own approximately 94% of the shares. Top Funds Bet Billions As This AI Stock Lights Up a Buy Zone
• Neutral Sentiment: Competitive risks are increasing. Applied Optoelectronics is expanding 800G and 1.6T optical capacity as AI networking demand rises, highlighting the intensifying competition Lumentum faces in a rapidly growing market. AAOI’s Optical Networking Demand Rise
• Negative Sentiment: Repeated insider selling may be weighing on sentiment. Insider Yuen Wupen sold 500 shares for approximately $481,000 on September 10 and another 500 shares for about $448,000 on September 8. The trades were made under a pre-arranged Rule 10b5-1 plan and represent only 0.43% of the insider’s holdings per transaction, limiting their significance but still signaling profit-taking at elevated prices. Lumentum Insider Sale

Analysts Set New Price Targets

LITE has been the topic of several analyst reports. Raymond James Financial reiterated an “outperform” rating and issued a $1,036.00 target price on shares of Lumentum in a research note on Wednesday, August 12th. Citigroup restated a “buy” rating on shares of Lumentum in a research note on Wednesday, August 12th. Weiss Ratings downgraded Lumentum from a “hold (c-)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. Mizuho lifted their price objective on shares of Lumentum from $1,100.00 to $1,140.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $1,040.00 price objective on shares of Lumentum in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,053.83.

Lumentum Profile

Lumentum Holdings Inc (NASDAQ: LITE) designs and manufactures optical and photonic products used to transmit, process and control light. Its portfolio includes optical components, modules, subsystems, lasers and photonic integrated circuits that support communications networks, data centers, cloud infrastructure and industrial applications.

The company also supplies technologies for consumer electronics and 3D sensing, including laser-based products used in applications such as depth sensing and facial recognition.