3,250 Shares of Lumentum Holdings Inc. $LITE Bought by Blue Jean Financial LLC

Key Points

• Blue Jean Financial LLC purchased 3,250 Lumentum shares worth approximately $3.16 million in the third quarter, making the stock its 21st-largest holding. Institutional investors collectively own 94.05% of Lumentum.
• Lumentum reported quarterly EPS of $3.23 and revenue of $1.01 billion, beating estimates, while revenue increased 109.3% year over year. Management guided to first-quarter 2027 EPS of $4.05–$4.35 amid strong AI-infrastructure demand.
• Insiders sold 94,496 shares worth about $86 million over the past 90 days, though some sales were made under pre-arranged plans or to cover tax obligations. Analysts maintain a Moderate Buy consensus with an average price target of $1,080.83, despite valuation concerns and recent AI-related selling pressure.

Blue Jean Financial LLC bought a new position in shares of Lumentum Holdings Inc. (NASDAQ:LITE - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,250 shares of the technology company's stock, valued at approximately $3,157,000. Lumentum comprises approximately 1.9% of Blue Jean Financial LLC's holdings, making the stock its 21st biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Hilton Head Capital Partners LLC bought a new position in Lumentum in the 1st quarter valued at about $25,000. Sachetta LLC lifted its position in Lumentum by 118.8% during the first quarter. Sachetta LLC now owns 35 shares of the technology company's stock worth $25,000 after acquiring an additional 19 shares during the last quarter. Burkett Financial Services LLC acquired a new stake in Lumentum during the third quarter worth approximately $28,000. Meeder Asset Management Inc. acquired a new stake in Lumentum during the second quarter worth approximately $40,000. Finally, Keating Financial Advisory Services Inc. bought a new stake in shares of Lumentum during the second quarter worth approximately $41,000. Institutional investors own 94.05% of the company's stock.

Insider Activity

In other news, SVP Jae Kim sold 12,000 shares of the company's stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $852.58, for a total transaction of $10,230,960.00. Following the completion of the sale, the senior vice president directly owned 37,804 shares in the company, valued at approximately $32,230,934.32. This represents a 24.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Yuen Wupen sold 1,500 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $827.82, for a total value of $1,241,730.00. Following the sale, the insider directly owned 100,434 shares in the company, valued at approximately $83,141,273.88. This trade represents a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 94,496 shares of company stock worth $85,978,498. 0.28% of the stock is currently owned by insiders.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Lumentum’s optical and photonic products are benefiting from strong artificial-intelligence infrastructure demand. Management has indicated that capacity is booked through early 2029, supporting the long-term growth case. Lumentum Can’t Meet Demand. Can Its Valuation Hold Up?
• Positive Sentiment: Optics stocks, including Lumentum, recently rallied ahead of upcoming quarterly results, reflecting expectations that AI-related demand and raised guidance could support earnings. Optics Stocks Rally Ahead of Earnings
• Positive Sentiment: A Zacks growth-stock analysis highlights Lumentum’s potential for long-term, market-beating performance, although the article is based primarily on screening factors rather than a new company announcement. Why Lumentum Is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Lumentum is being compared with Arm as a 2026 technology investment, with Lumentum positioned as an AI-infrastructure optical supplier. The comparison offers investment perspective but does not introduce a specific catalyst. Arm vs. Lumentum
• Negative Sentiment: Zacks downgraded Lumentum to Hold, adding near-term selling pressure and signaling that the stock’s valuation and risk-reward profile may be less attractive after its substantial advance. Zacks Downgrades Lumentum Stock to Hold
• Negative Sentiment: Recent analysis points to a valuation-driven AI sell-off: Lumentum declined sharply over several sessions even as demand remained strong, suggesting investors are taking profits and demanding stronger earnings revisions. Why Did Lumentum Stock Fall?
• Negative Sentiment: Investors are questioning whether Lumentum can sustain its elevated valuation while it works to meet demand. The broader AI-stock sell-off is weighing on sentiment despite capacity constraints and higher guidance. The AI Sell-Off Continues

Lumentum Stock Performance

Shares of NASDAQ:LITE opened at $822.51 on Wednesday. The company's 50 day moving average price is $931.93 and its two-hundred day moving average price is $878.96. Lumentum Holdings Inc. has a 12-month low of $152.54 and a 12-month high of $1,143.00. The firm has a market cap of $74.51 billion, a PE ratio of -10.00 and a beta of 1.53. The company has a quick ratio of 1.40, a current ratio of 1.68 and a debt-to-equity ratio of 0.01.

Lumentum (NASDAQ:LITE - Get Free Report) last announced its earnings results on Tuesday, August 11th. The technology company reported $3.23 EPS for the quarter, topping the consensus estimate of $2.97 by $0.26. The company had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $987.70 million. Lumentum had a negative net margin of 230.15% and a positive return on equity of 26.34%. The business's revenue for the quarter was up 109.3% on a year-over-year basis. During the same period last year, the firm earned $0.88 earnings per share. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Equities research analysts predict that Lumentum Holdings Inc. will post 19.79 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $1,040.00 target price on shares of Lumentum in a research report on Wednesday, August 12th. Sanford C. Bernstein initiated coverage on Lumentum in a report on Wednesday, September 30th. They set an "outperform" rating and a $1,220.00 price target for the company. Raymond James Financial reissued an "outperform" rating and set a $1,036.00 price target on shares of Lumentum in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft initiated coverage on Lumentum in a research note on Monday, August 31st. They issued a "buy" rating and a $1,200.00 price target for the company. Finally, UBS Group set a $820.00 price objective on Lumentum in a report on Wednesday, August 12th. Sixteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $1,080.83.

Lumentum Company Profile

Lumentum Holdings Inc is a technology company that designs and manufactures optical and photonic products for communications networks, industrial applications, and consumer electronics. Its portfolio includes optical components, modules, and subsystems used in fiber-optic networks, data centers, cloud computing infrastructure, telecommunications equipment, and high-speed connectivity systems.

The company also develops laser products for applications such as industrial processing, sensing, three-dimensional imaging, and other specialized commercial and consumer uses.

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