Checchi Capital Advisers LLC Buys New Stake in Lumentum Holdings Inc. $LITE

Checchi Capital Advisers LLC bought a new stake in Lumentum Holdings Inc. (NASDAQ:LITE) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 752 shares of the technology company’s stock, valued at approximately $277,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allworth Financial LP boosted its holdings in Lumentum by 6.4% in the 3rd quarter. Allworth Financial LP now owns 784 shares of the technology company’s stock valued at $128,000 after purchasing an additional 47 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its holdings in Lumentum by 0.4% in the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 15,559 shares of the technology company’s stock valued at $2,532,000 after purchasing an additional 64 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in Lumentum by 58.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 205 shares of the technology company’s stock valued at $76,000 after purchasing an additional 76 shares during the period. V Square Quantitative Management LLC bought a new stake in Lumentum in the 4th quarter valued at $28,000. Finally, UMB Bank n.a. boosted its holdings in Lumentum by 11.2% in the 3rd quarter. UMB Bank n.a. now owns 920 shares of the technology company’s stock valued at $150,000 after purchasing an additional 93 shares during the period. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Penny Herscher sold 4,849 shares of Lumentum stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $535.48, for a total transaction of $2,596,542.52. Following the completion of the transaction, the director directly owned 6,057 shares of the company’s stock, valued at $3,243,402.36. This trade represents a 44.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Vincent Retort sold 45,026 shares of Lumentum stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $591.32, for a total transaction of $26,624,774.32. Following the transaction, the insider directly owned 102,455 shares of the company’s stock, valued at $60,583,690.60. This represents a 30.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 65,775 shares of company stock valued at $38,851,343. Company insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

LITE has been the subject of a number of research reports. Northland Securities set a $1,000.00 price target on shares of Lumentum in a report on Monday. Citigroup increased their price target on shares of Lumentum from $800.00 to $1,100.00 and gave the company a “buy” rating in a report on Tuesday. Zacks Research downgraded shares of Lumentum from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Susquehanna raised their price objective on shares of Lumentum from $550.00 to $1,100.00 and gave the stock a “positive” rating in a report on Monday. Finally, B. Riley Financial raised shares of Lumentum from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $147.00 to $526.00 in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $757.25.

Trending Headlines about Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Several major firms raised price targets and maintained buy ratings, signaling stronger Street conviction (Citigroup to $1,100; Needham to $1,040; Susquehanna to $1,100; Morgan Stanley to $710). Susquehanna Increases Lumentum Price Target to $1,100.00 Morgan Stanley Boosts Lumentum Price Target to $710.00 Citigroup Adjusts Price Target
• Positive Sentiment: Coverage pivoting to AI optics and Nvidia commitments: analysts and media are framing LITE as a beneficiary of accelerating AI networking demand and larger customer commitments, boosting the growth narrative. How The Lumentum Holdings (LITE) Story Is Shifting With AI Optics And Nvidia Commitments
• Positive Sentiment: Company management said Lumentum is sold out through 2027, indicating strong backlog and demand visibility—a key driver for revenue and margin upside if capacity expansion keeps pace. Lumentum Holdings (LITE) Sold Out Through 2027 on High Demand
• Positive Sentiment: Research firm Northland issued higher multi-quarter EPS forecasts (Q1–Q4 2027) reflecting accelerated growth expectations, which supports higher forward valuations. Northland Securities EPS Estimates for Lumentum
• Positive Sentiment: Analyst and trade press pieces (Zacks, Seeking Alpha) argue Lumentum is transitioning from telecom optics to higher-content, AI-networking optical platforms — implying higher revenue per unit and longer-term growth. Lumentum’s Transition Toward AI Networking: What’s Ahead?
• Neutral Sentiment: Investor commentary and buy-side pieces reiterate conviction but flag high headline multiples; some point to forward PEG and execution as justification — useful context but opinion-driven. I Am Still Buying Lumentum, But For A Better Reason Now
• Negative Sentiment: Tradr announced first-to-market inverse ETFs on Lumentum, making it easier and cheaper for market participants to bet against LITE — a potential headwind during short-term rallies. Tradr Set to Launch Inverse ETFs on Lumentum and Sandisk

Lumentum Price Performance

NASDAQ:LITE opened at $873.60 on Thursday. The company has a 50-day moving average of $728.12 and a 200-day moving average of $454.81. The company has a market capitalization of $62.38 billion, a price-to-earnings ratio of 267.98 and a beta of 1.38. Lumentum Holdings Inc. has a 52 week low of $55.00 and a 52 week high of $960.00. 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 quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.26. The company had revenue of $665.50 million during the quarter, compared to the consensus estimate of $646.74 million. Lumentum had a net margin of 11.95% and a return on equity of 17.27%. The firm’s revenue for the quarter was up 65.5% compared to the same quarter last year. During the same period last year, the firm earned $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. As a group, equities research analysts anticipate that Lumentum Holdings Inc. will post 5.87 earnings per share for the current fiscal year.

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.