Marshall Financial Group LLC Buys Shares of 6,379 Lumentum Holdings Inc. $LITE

Key Points

• Marshall Financial Group LLC opened a new position in Lumentum, purchasing 6,379 shares in Q4 valued at approximately $2.35 million.
• Several large institutions have been adding to Lumentum (e.g., Arrowstreet, Hood River, Norges Bank), resulting in 94.05% institutional ownership and a MarketBeat consensus of "Moderate Buy" with an average price target of $575.06 (some analysts as high as $900).
• Lumentum recently beat quarterly expectations (EPS $1.67 vs. $1.41) with revenue up 65.5% year‑over‑year, but the stock carries a high valuation (PE ~216.7) and was down 8.5% in the latest session.

Marshall Financial Group LLC purchased a new position in shares of Lumentum Holdings Inc. (NASDAQ:LITE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 6,379 shares of the technology company's stock, valued at approximately $2,351,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership raised its stake in Lumentum by 8,579.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,563,210 shares of the technology company's stock worth $254,350,000 after buying an additional 1,545,199 shares during the last quarter. Hood River Capital Management LLC boosted its position in Lumentum by 82.1% during the second quarter. Hood River Capital Management LLC now owns 2,206,453 shares of the technology company's stock valued at $209,745,000 after acquiring an additional 994,551 shares during the last quarter. Norges Bank acquired a new stake in Lumentum during the 2nd quarter worth about $82,983,000. Holocene Advisors LP acquired a new stake in Lumentum during the 3rd quarter worth about $136,401,000. Finally, WT Asset Management Ltd raised its position in shares of Lumentum by 170.0% in the 3rd quarter. WT Asset Management Ltd now owns 710,208 shares of the technology company's stock worth $115,558,000 after acquiring an additional 447,208 shares in the last quarter. Institutional investors and hedge funds own 94.05% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on LITE shares. Barclays boosted their price objective on Lumentum to $750.00 and gave the company an "equal weight" rating in a research note on Tuesday, March 3rd. Rosenblatt Securities reiterated a "buy" rating and issued a $900.00 target price on shares of Lumentum in a report on Wednesday, March 18th. Citigroup increased their price target on Lumentum to $560.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. B. Riley Financial upgraded shares of Lumentum from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $147.00 to $526.00 in a research note on Wednesday, February 4th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Lumentum in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $575.06.

Insider Buying and Selling at Lumentum

In other Lumentum news, CFO Wajid Ali sold 5,302 shares of the firm's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $691.13, for a total value of $3,664,371.26. Following the transaction, the chief financial officer directly owned 66,287 shares of the company's stock, valued at approximately $45,812,934.31. This trade represents a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Yuen Wupen sold 3,157 shares of Lumentum stock in a transaction dated 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 transaction, the insider owned 88,439 shares of the company's stock, valued at $47,580,182. This represents a 3.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 65,775 shares of company stock worth $38,851,343. Corporate insiders own 0.43% of the company's stock.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Bank of America raised its price target sharply (reported as a 29% hike) and framed Lumentum as a key AI‑optics beneficiary, boosting investor confidence in the company's data‑center connectivity positioning. Article Title
• Positive Sentiment: Reports that Lumentum is pursuing an $8 billion annual revenue target and has landed a major OCS contract have fueled bullish sentiment around its optical components backlog and long‑term growth runway. Article Title
• Positive Sentiment: Analyst support increased: Rosenblatt issued a Buy rating and Morgan Stanley boosted its price target (to $595), adding further institutional validation for the stock’s outlook. Rosenblatt Buy MS PT Boost
• Positive Sentiment: Industry research highlights Lumentum’s strength in OCS and CPO product lines and an expanding AI‑era backlog — factors that could sustain revenue growth as hyperscalers shift from copper to optical solutions. Article Title
• Positive Sentiment: Anticipation of official inclusion in the S&P 500 has driven buying into LITE as index funds and ETFs rebalance, supporting near‑term demand for the shares. Article Title
• Neutral Sentiment: Technical/flow factors: Some momentum traders cite a “power inflow” trading signal that helped push the stock higher in the short term; this is supportive but may be transient. Article Title
• Negative Sentiment: Caution from some analysts: while price action is strong, certain writeups note that recent earnings‑estimate revisions and lofty valuation metrics could limit upside or make the stock vulnerable to a pullback if growth expectations slip. Article Title

Lumentum Trading Down 8.5%

Shares of Lumentum stock opened at $706.35 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. Lumentum Holdings Inc. has a 52 week low of $45.65 and a 52 week high of $787.45. The stock has a 50 day moving average price of $542.15 and a two-hundred day moving average price of $351.47. The stock has a market capitalization of $50.43 billion, a PE ratio of 216.67 and a beta of 1.38.

Lumentum (NASDAQ:LITE - Get Free Report) last issued its earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.41 by $0.26. Lumentum had a return on equity of 17.27% and a net margin of 11.95%.The company had revenue of $665.50 million for the quarter, compared to analyst estimates of $646.74 million. During the same period in the prior year, the firm earned $0.42 earnings per share. Lumentum's revenue for the quarter was up 65.5% on a year-over-year basis. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. As a group, equities analysts anticipate that Lumentum Holdings Inc. will post 0.03 earnings per share for the current fiscal year.

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.

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