Exchange Traded Concepts LLC Decreases Stock Holdings in Lumentum Holdings Inc. $LITE

Exchange Traded Concepts LLC reduced its stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE) by 34.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,083 shares of the technology company’s stock after selling 11,253 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Lumentum were worth $7,771,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in shares of Lumentum by 363.9% during the 3rd 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. Danske Bank A S purchased a new position in Lumentum in the 3rd quarter valued at approximately $33,000. Chesapeake Asset Management LLC purchased a new position in Lumentum in the 4th quarter valued at approximately $37,000. MAI Capital Management raised its holdings in Lumentum by 27.0% during the second quarter. MAI Capital Management now owns 452 shares of the technology company’s stock worth $43,000 after purchasing an additional 96 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in Lumentum during the third quarter worth $49,000. 94.05% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Lumentum

In related news, Director Penny Herscher sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $597.29, for a total value of $2,389,160.00. Following the completion of the sale, the director directly owned 2,057 shares in the company, valued at approximately $1,228,625.53. The trade was a 66.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Yuen Wupen sold 3,157 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $538.00, for a total transaction of $1,698,466.00. Following the transaction, the insider directly owned 88,439 shares of the company’s stock, valued at $47,580,182. This trade represents a 3.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 65,775 shares of company stock valued at $38,851,343 over the last three months. Insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Mizuho upped their target price on Lumentum to $645.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Susquehanna lifted their price target on Lumentum to $550.00 and gave the stock a “positive” rating in a research note on Wednesday, February 4th. Rosenblatt Securities reiterated a “buy” rating and issued a $900.00 price objective on shares of Lumentum in a research report on Wednesday, March 18th. Needham & Company LLC increased their price objective on shares of Lumentum to $850.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Finally, Bank of America raised their target price on shares of Lumentum to $520.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $575.06.

Lumentum Price Performance

Shares of NASDAQ LITE opened at $702.73 on Monday. Lumentum Holdings Inc. has a 1 year low of $45.65 and a 1 year high of $808.80. The firm’s 50 day moving average price is $582.14 and its 200 day moving average price is $372.19. The firm has a market cap of $50.17 billion, a P/E ratio of 215.56 and a beta of 1.38. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.45 and a current ratio of 0.61.

Lumentum (NASDAQ:LITE) last released its earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share for the quarter, topping 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 period in the prior year, the business posted $0.42 earnings per share. The firm’s revenue for the quarter was up 65.5% compared to the same quarter last year. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. As a group, sell-side analysts anticipate that Lumentum Holdings Inc. will post 0.03 earnings per share for the current year.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Lumentum’s stock hit new highs after being added to major benchmarks, a move that typically forces index funds to buy shares and supports sustained demand. Lumentum (LITE) Stock Reaches Record Peak on S&P 500 Addition and Major NC Facility Announcement
• Positive Sentiment: Company announced plans for a new U.S. plant to produce lasers for AI data centers, naming NVIDIA as a customer — a revenue and margin tailwind if volumes scale to meet AI/optics demand. Lumentum plans new U.S. plant to produce lasers for AI data centers, Nvidia to be customer
• Positive Sentiment: Market analytics and trade flow services flagged “power inflow” / institutional outlier signals and large “big money” buys into LITE, which traders interpret as confirmation of institutional accumulation driving short-term momentum. Lumentum Shares Rise 3% After Key Trading Signal
• Positive Sentiment: Additional coverage highlights persistent “big money” inflows and historical outlier performance since 2016, reinforcing the narrative of institutional support and momentum. Watch Lumentum Rise on Big Money Buys
• Positive Sentiment: Analyst/market commentary grouped LITE among tech names showing double-digit gains recently, citing AI demand and cloud momentum that benefit Lumentum’s optics and laser exposure. 4 Tech Picks That Saw Double-Digit Gains Amid Volatility in Past Month
• Neutral Sentiment: General market roundups and “stocks to watch” lists (WSJ, Seeking Alpha, MSN) have highlighted LITE’s momentum; useful for visibility but less directly catalytic than index inclusion or confirmed customer wins. Stocks to Watch: Unity, Carnival, AstraZeneca
• Neutral Sentiment: Brief overnight/trending summaries have amplified attention on LITE among retail investors; this raises volume and volatility but is not a fundamental driver on its own. Lumentum Holdings (LITE) stock is trending overnight: Here’s what you should know

Lumentum Company Profile

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.