Calton & Associates Inc. Buys Shares of 3,100 Lumentum Holdings Inc. $LITE

Calton & Associates Inc. bought a new stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,100 shares of the technology company’s stock, valued at approximately $504,000.

Several other large investors also recently modified their holdings of LITE. FNY Investment Advisers LLC purchased a new position in Lumentum in the second quarter valued at approximately $38,000. MAI Capital Management raised its stake in shares of Lumentum by 27.0% in the second quarter. MAI Capital Management now owns 452 shares of the technology company’s stock valued at $43,000 after buying an additional 96 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Lumentum during the 3rd quarter valued at $49,000. Cullen Frost Bankers Inc. purchased a new position in shares of Lumentum during the 3rd quarter valued at $49,000. Finally, Advisors Asset Management Inc. grew its stake in shares of Lumentum by 36.8% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock worth $59,000 after acquiring an additional 254 shares during the period. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Analyst Ratings Changes

LITE has been the topic of a number of research reports. Bank of America boosted their price objective on Lumentum to $520.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. B.Riley Securit upgraded shares of Lumentum from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 4th. Citigroup boosted their price target on shares of Lumentum to $560.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Barclays raised their price objective on shares of Lumentum to $475.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Finally, Needham & Company LLC boosted their target price on shares of Lumentum to $550.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Lumentum currently has a consensus rating of “Moderate Buy” and an average price target of $444.94.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Beat-and-raise quarter: Lumentum reported a large beat — non-GAAP EPS of $1.67 and revenue roughly $665.5M (up ~65% YoY) with an expanding optical circuit switch backlog and raised forward expectations, supporting the growth narrative for AI/data-center optics. Strong Earnings Momentum and Investor Optimism Lifted Lumentum Holdings (LITE) in Q4
• Positive Sentiment: AI/optics tailwinds and bullish media coverage are amplifying enthusiasm: multiple outlets highlight Lumentum as a key supplier for ultra-high-speed AI data links and project continued rapid revenue/earnings growth. Prediction: This Could Be the Best-Performing AI Chip Stock of 2026
• Positive Sentiment: Momentum trade and price action: LITE recently rallied on optics/AI rotation (coverage notes a near‑8% lift during the AI optics boom), which has attracted short‑term momentum buyers. Lumentum Leaps Nearly 8% During AI Optics Boom
• Neutral Sentiment: Analyst view vs. valuation: Analysts remain generally bullish on fundamentals and project sharp earnings growth, but some coverage flags valuation concerns — consensus targets in some places are below the current share price, suggesting limited upside for some investors. 3 High-Growth Unknowns in Photonics That Are Vital for AI
• Neutral Sentiment: Operational notes: Coverage mentions strong backlog but also some manufacturing/backend bottlenecks to navigate — a potential timing risk for shipment/gross-margin improvement. 3 High-Growth Unknowns in Photonics That Are Vital for AI
• Negative Sentiment: Large insider selling: Director Penny Herscher sold 4,000 shares (~$2.39M) on Feb. 12; the SEC Form 4 is filed. Insider sales of this size after a big run can signal profit-taking and increase selling pressure. Penny Herscher Form 4
• Negative Sentiment: Material insider sale by senior insider: Vincent Retort sold 45,026 shares (~$26.6M) on Feb. 12, reducing his holdings by ~30%. That large, public sale is likely contributing to downward pressure and investor caution. Vincent Retort Form 4

Lumentum Price Performance

NASDAQ:LITE opened at $562.74 on Monday. Lumentum Holdings Inc. has a 52-week low of $45.65 and a 52-week high of $603.83. The stock has a fifty day moving average of $393.19 and a 200 day moving average of $255.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.45 and a current ratio of 0.61. The firm has a market capitalization of $40.18 billion, a price-to-earnings ratio of 172.62 and a beta of 1.51.

Lumentum (NASDAQ:LITE) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share 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 analysts’ expectations of $646.74 million. During the same quarter last year, the firm posted $0.42 EPS. The company’s revenue was up 65.5% compared to the same quarter last year. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. On average, research analysts expect that Lumentum Holdings Inc. will post 0.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other Lumentum news, insider Vincent Retort sold 45,026 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $591.32, for a total transaction of $26,624,774.32. Following the sale, the insider owned 102,455 shares in the company, valued at $60,583,690.60. This trade represents a 30.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Penny Herscher sold 4,849 shares of Lumentum stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $535.48, for a total value of $2,596,542.52. Following the sale, the director directly owned 6,057 shares of the company’s stock, valued at approximately $3,243,402.36. This trade represents a 44.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 58,288 shares of company stock worth $32,800,908. 0.43% of the stock is owned by corporate insiders.

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.