USA Financial Formulas Has $229,000 Stake in Lumentum Holdings Inc. $LITE

USA Financial Formulas reduced its position in Lumentum Holdings Inc. (NASDAQ:LITE) by 60.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 620 shares of the technology company’s stock after selling 931 shares during the period. USA Financial Formulas’ holdings in Lumentum were worth $229,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Chesapeake Asset Management LLC acquired a new position in Lumentum during the fourth quarter worth $37,000. EverSource Wealth Advisors LLC grew its holdings in shares of Lumentum by 363.9% during the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock valued at $27,000 after buying an additional 131 shares during the last quarter. Danske Bank A S acquired a new position in shares of Lumentum during the third quarter valued at about $33,000. MassMutual Private Wealth & Trust FSB increased its position in shares of Lumentum by 58.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 205 shares of the technology company’s stock worth $76,000 after acquiring an additional 76 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in shares of Lumentum during the third quarter worth about $49,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Lumentum Stock Performance

NASDAQ:LITE opened at $702.73 on Monday. 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 cap of $50.17 billion, a price-to-earnings ratio of 215.56 and a beta of 1.38. Lumentum Holdings Inc. has a 52 week low of $45.65 and a 52 week high of $808.80. The firm has a 50-day moving average price of $582.14 and a two-hundred day moving average price of $372.19.

Lumentum (NASDAQ:LITE) last posted its earnings results on Tuesday, February 3rd. The technology company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.41 by $0.26. The firm had revenue of $665.50 million for the quarter, compared to analysts’ expectations of $646.74 million. Lumentum had a net margin of 11.95% and a return on equity of 17.27%. The company’s quarterly revenue was up 65.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. On average, equities analysts expect that Lumentum Holdings Inc. will post 0.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on LITE shares. Northland Securities set a $350.00 price target on shares of Lumentum in a research report on Wednesday, December 3rd. JPMorgan Chase & Co. boosted their price objective on Lumentum to $565.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Barclays increased their price objective on Lumentum to $750.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 3rd. Needham & Company LLC raised their target price on Lumentum to $850.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Finally, Morgan Stanley lifted their target price on Lumentum to $595.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $575.06.

Insider Activity at Lumentum

In other news, insider Yuen Wupen sold 3,157 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $538.00, for a total transaction of $1,698,466.00. Following the completion of the transaction, the insider directly owned 88,439 shares of the company’s stock, valued at $47,580,182. This represents a 3.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Wajid Ali sold 5,302 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $691.13, for a total transaction of $3,664,371.26. Following the sale, the chief financial officer owned 66,287 shares of the company’s stock, valued at approximately $45,812,934.31. The trade was a 7.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 65,775 shares of company stock worth $38,851,343. 0.43% of the stock is currently owned by corporate insiders.

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 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.