1,212 Shares in Lumentum Holdings Inc. $LITE Purchased by Alpha Cubed Investments LLC

Key Points

• Alpha Cubed Investments LLC established a new position in Lumentum (NASDAQ:LITE), buying 1,212 shares in Q4 valued at about $447,000.
• Strong results and bullish analyst moves: Lumentum reported a Q3 EPS beat ($2.37 vs. $2.27 est.) with ~90% revenue growth and set Q4 guidance of $2.85–3.05, prompting multiple firms to raise price targets and a consensus target near $996.
• Ownership contrast and insider selling: Institutional investors hold ~94.05% of the stock while insiders have sold 65,775 shares (~$38.85M) in the last 90 days, leaving insiders with just 0.43% ownership.

Alpha Cubed Investments LLC bought a new position in Lumentum Holdings Inc. (NASDAQ:LITE - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,212 shares of the technology company's stock, valued at approximately $447,000.

A number of other large investors have also added to or reduced their stakes in LITE. EverSource Wealth Advisors LLC raised its holdings in Lumentum by 363.9% in the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company's stock worth $27,000 after purchasing an additional 131 shares in the last quarter. V Square Quantitative Management LLC bought a new position in Lumentum in the fourth quarter worth about $28,000. Danske Bank A S bought a new position in Lumentum in the third quarter worth about $33,000. Chesapeake Asset Management LLC bought a new position in Lumentum in the fourth quarter worth about $37,000. Finally, BOCHK Asset Management Ltd bought a new position in Lumentum in the fourth quarter worth about $37,000. 94.05% of the stock is currently owned by institutional investors.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Analysts pushed price targets sharply higher across the street (BNP Paribas, JPMorgan, Rosenblatt, Stifel, Loop Capital, Barclays), signaling stronger long‑term conviction tied to Lumentum’s AI/data‑center opportunity; these upgrades support upside momentum. BNP Paribas raises PT
• Positive Sentiment: Operational beat and stronger guidance: Q3 EPS of $2.37 topped estimates and management set Q4 EPS guidance (2.85–3.05) above consensus, while revenue rose ~90% Y/Y — fundamentals that underpin the bullish analyst moves. Q3 results and outlook
• Neutral Sentiment: Earnings / conference call materials and transcripts are available for deeper reading; management reiterated forward‑looking assumptions and the usual disclaimer about forward‑looking statements, useful for modeling but not new guidance. Earnings transcript
• Negative Sentiment: Near‑term market reaction was negative: shares fell after the print as investors parsed a revenue miss vs. street expectations and some traders booked gains after a multi‑session run. This tug‑of‑war between strong EPS/guide and revenue shortfalls pressured the stock. Market reaction Narrative shift / Yahoo
• Negative Sentiment: Analyst caution on execution / AI bottlenecks: commentary (e.g., Seeking Alpha) highlights potential supply/production or “AI bottleneck” risks that could constrain fulfillment of surging demand — a factor that could damp investor enthusiasm until clarity on capacity and timing is confirmed. AI bottleneck analysis

Analyst Ratings Changes

A number of equities analysts have commented on LITE shares. Morgan Stanley boosted their target price on shares of Lumentum from $710.00 to $900.00 and gave the stock an "equal weight" rating in a report on Wednesday. BNP Paribas Exane upped their price objective on shares of Lumentum from $1,040.00 to $1,300.00 in a report on Wednesday. Susquehanna upped their price objective on shares of Lumentum from $550.00 to $1,100.00 and gave the company a "positive" rating in a report on Monday, April 20th. Stifel Nicolaus upped their price objective on shares of Lumentum from $800.00 to $1,100.00 and gave the company a "buy" rating in a report on Tuesday. Finally, Northland Securities set a $1,000.00 price objective on shares of Lumentum in a report on Monday, April 20th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $996.05.

Insider Transactions at Lumentum

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

Lumentum Price Performance

Shares of NASDAQ LITE opened at $944.28 on Thursday. The business's 50 day moving average price is $772.05 and its 200 day moving average price is $497.81. The firm has a market cap of $67.42 billion, a P/E ratio of 174.87 and a beta of 1.53. Lumentum Holdings Inc. has a 52 week low of $60.38 and a 52 week high of $1,021.00. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.06.

Lumentum (NASDAQ:LITE - Get Free Report) last issued its earnings results on Tuesday, May 5th. The technology company reported $2.37 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.10. The firm had revenue of $808.40 million for the quarter, compared to analyst estimates of $810.21 million. Lumentum had a return on equity of 38.64% and a net margin of 17.61%.Lumentum's revenue for the quarter was up 90.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.57 earnings per share. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. On average, sell-side analysts expect that Lumentum Holdings Inc. will post 5.87 earnings per share for the current year.

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.

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