52,021 Shares in Lumentum Holdings Inc. $LITE Bought by Nykredit A S

Key Points

• Nykredit A S acquired 52,021 Lumentum shares worth approximately $44.6 million, while other institutional investors also increased positions; institutions collectively own 94.05% of the stock.
• Analyst sentiment remains favorable: Lumentum has a consensus “Moderate Buy” rating and an average price target of $1,053.83, with several firms raising targets as high as $1,300.
• Lumentum reported strong quarterly results, including $1.01 billion in revenue, up 109.3% year over year, and EPS of $3.23 versus the $2.97 consensus estimate. Insiders have sold shares recently, primarily through small or pre-arranged transactions.

Nykredit A S bought a new position in shares of Lumentum Holdings Inc. (NASDAQ:LITE - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 52,021 shares of the technology company's stock, valued at approximately $44,637,000. Nykredit A S owned about 0.06% of Lumentum at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Parkside Financial Bank & Trust lifted its holdings in shares of Lumentum by 169.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 205 shares of the technology company's stock worth $176,000 after purchasing an additional 129 shares in the last quarter. Corient Private Wealth LP increased its position in shares of Lumentum by 108.4% during the second quarter. Corient Private Wealth LP now owns 10,318 shares of the technology company's stock worth $8,853,000 after acquiring an additional 5,368 shares in the last quarter. Amundi raised its holdings in shares of Lumentum by 188.7% in the 2nd quarter. Amundi now owns 658,427 shares of the technology company's stock worth $564,970,000 after acquiring an additional 430,355 shares during the last quarter. Groupe la Francaise bought a new position in Lumentum in the 2nd quarter valued at about $7,260,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Lumentum during the 2nd quarter valued at about $17,848,000. Institutional investors own 94.05% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Needham & Company LLC restated a "buy" rating and issued a $1,040.00 target price on shares of Lumentum in a report on Wednesday, August 12th. Citigroup reiterated a "buy" rating on shares of Lumentum in a report on Wednesday, August 12th. Northland Securities boosted their target price on shares of Lumentum from $1,000.00 to $1,200.00 and gave the company an "outperform" rating in a research note on Wednesday, June 3rd. Mizuho increased their price target on Lumentum from $1,100.00 to $1,140.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 12th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $1,300.00 price target on shares of Lumentum in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,053.83.

Lumentum Price Performance

LITE opened at $930.91 on Friday. The firm has a market cap of $83.50 billion, a PE ratio of -11.32 and a beta of 1.53. The stock has a 50-day moving average price of $843.36 and a 200-day moving average price of $833.95. Lumentum Holdings Inc. has a 1 year low of $144.52 and a 1 year high of $1,085.68. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.68 and a quick ratio of 1.40.

Lumentum (NASDAQ:LITE - Get Free Report) last issued its earnings results on Tuesday, August 11th. The technology company reported $3.23 EPS for the quarter, beating the consensus estimate of $2.97 by $0.26. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $987.70 million. During the same period last year, the business posted $0.88 EPS. The company's revenue was up 109.3% compared to the same quarter last year. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Sell-side analysts predict that Lumentum Holdings Inc. will post 19.78 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Lumentum news, CEO Michael Hurlston sold 548 shares of Lumentum stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $958.66, for a total value of $525,345.68. Following the sale, the chief executive officer directly owned 186,951 shares in the company, valued at approximately $179,222,445.66. The trade was a 0.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Yuen Wupen sold 1,500 shares of the business's stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $827.82, for a total value of $1,241,730.00. Following the transaction, the insider directly owned 100,434 shares in the company, valued at approximately $83,141,273.88. This represents a 1.47% decrease in their position. 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. Insiders have sold 67,647 shares of company stock valued at $58,061,056 over the last three months. Insiders own 0.43% of the company's stock.

Trending Headlines about Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI-driven demand is strengthening the investment case. Data centers are shifting from copper to optical connections because fiber offers greater bandwidth, lower signal loss and lower heat at 800G and 1.6-terabit speeds. Lumentum supplies laser diodes, photonic integrated circuits and optical subsystems needed for these networks. Laser Focus: 2 Optical Stocks Lighting Up AI
• Positive Sentiment: Recent operating performance supports the rally. Lumentum’s latest quarter included $1.01 billion in revenue, up 109.3% year over year, and adjusted EPS of $3.23, above the $2.97 consensus estimate. Management also issued stronger current-quarter revenue guidance, reinforcing expectations for continued AI-infrastructure growth. Lumentum’s 680% Run Created a New Portfolio Problem
• Positive Sentiment: Analyst and momentum support remain favorable. Lumentum retains a Moderate Buy consensus rating, while momentum-focused coverage highlights its strong recent performance. Nvidia’s $2 billion investment and multibillion-dollar purchase commitment for advanced laser components also validate Lumentum’s strategic importance to AI networking. Why Lumentum Is a Strong Momentum Stock
• Neutral Sentiment: Insider selling was disclosed, but appears limited. Yuen Wupen sold a combined 1,000 shares for approximately $888,415 under a pre-arranged Rule 10b5-1 plan. The transactions reduced the insider’s position by less than 1%, leaving substantial ownership and limiting the signal’s significance. SEC insider transaction filing
• Negative Sentiment: Valuation and portfolio-concentration risks are rising. After a substantial advance, Lumentum trades at an elevated sales valuation, leaving less room for supply-chain problems, production issues or slower hyperscaler spending. Investors are also cautioned to review position sizes after the stock’s large run.

Lumentum Company Profile

Lumentum Holdings Inc NASDAQ: LITE designs and manufactures optical and photonic products used to transmit, process and control light. Its portfolio includes optical components, modules, subsystems, lasers and photonic integrated circuits that support communications networks, data centers, cloud infrastructure and industrial applications.

The company also supplies technologies for consumer electronics and 3D sensing, including laser-based products used in applications such as depth sensing and facial recognition.

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