Maxi Investments CY Ltd Buys New Position in Lumentum Holdings Inc. $LITE

Key Points

• Maxi Investments CY Ltd bought a new stake of 6,000 shares in Lumentum (NASDAQ:LITE) during Q4, valued at approximately $2.212 million, per its latest 13F filing.
• Lumentum beat Q3 EPS ($2.37 vs. $2.27) with revenue of $808.4M (+90.1% YoY) and set fiscal Q4 guidance of $2.85–$3.05 EPS, triggering multiple analyst price-target raises and an average target near $1,003.75 with a "Moderate Buy" consensus.
• Despite the strong results and analyst optimism, the stock pulled back about 5.5% amid profit-taking, while insiders sold 60,926 shares (~$36.25M) last quarter and institutional investors now own roughly 94.05% of the company.

Maxi Investments CY Ltd bought a new stake in Lumentum Holdings Inc. (NASDAQ:LITE - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 6,000 shares of the technology company's stock, valued at approximately $2,212,000.

Several other hedge funds also recently modified their holdings of LITE. EverSource Wealth Advisors LLC raised its position in shares of Lumentum by 363.9% in the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company's stock valued at $27,000 after buying an additional 131 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in Lumentum during the fourth quarter worth approximately $28,000. Danske Bank A S acquired a new stake in Lumentum during the third quarter worth approximately $33,000. Chesapeake Asset Management LLC purchased a new stake in Lumentum in the 4th quarter worth approximately $37,000. Finally, BOCHK Asset Management Ltd purchased a new stake in Lumentum in the 4th quarter worth approximately $37,000. 94.05% of the stock is owned by institutional investors and hedge funds.

Lumentum Stock Down 5.5%

Shares of NASDAQ LITE opened at $892.25 on Friday. The stock has a market capitalization of $63.71 billion, a PE ratio of 165.23 and a beta of 1.53. The company has a quick ratio of 0.45, a current ratio of 1.14 and a debt-to-equity ratio of 0.01. The firm has a fifty day moving average of $776.13 and a 200-day moving average of $502.93. Lumentum Holdings Inc. has a 52-week low of $63.98 and a 52-week high of $1,021.00.

Lumentum (NASDAQ:LITE - Get Free Report) last issued its earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.10. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.The business had revenue of $808.40 million for the quarter, compared to analyst estimates of $810.21 million. During the same period last year, the company posted $0.57 EPS. The business's quarterly revenue was up 90.1% on a year-over-year basis. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. On average, analysts anticipate that Lumentum Holdings Inc. will post 5.87 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Raymond James Financial reissued an "outperform" rating and set a $1,014.00 price target on shares of Lumentum in a research note on Wednesday. Citigroup lifted their price objective on Lumentum from $800.00 to $1,100.00 and gave the company a "buy" rating in a research report on Tuesday, April 21st. Stifel Nicolaus upped their target price on Lumentum from $800.00 to $1,100.00 and gave the company a "buy" rating in a research note on Tuesday. Jefferies Financial Group reissued a "buy" rating and issued a $1,200.00 price target on shares of Lumentum in a research note on Wednesday. Finally, Morgan Stanley lifted their price target on Lumentum from $710.00 to $900.00 and gave the company an "equal weight" rating in a report on Wednesday. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $1,003.75.

Lumentum News Summary

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Q3 results beat and strong guidance — Lumentum reported an EPS beat and revenue up ~90% year‑over‑year driven by cloud/AI demand; management forecasted continued strength and a ramp of 1.6T transceiver shipments into fiscal Q4, supporting near‑term growth expectations. LITE Q3 Earnings Beat Estimates, Revenues Rise Y/Y, Shares Drop
• Positive Sentiment: Wall of bullish analyst action — multiple firms raised price targets and issued buy/overweight calls (Rothschild Redburn PT $1,270; BNP Paribas/Exane to $1,300; Rosenblatt to $1,300; Loop Capital to $1,400; JPMorgan to $1,130; Barclays to $1,000; Craig Hallum to $1,150), signaling strong conviction on longer‑term AI/data‑center demand. Rothschild Redburn Gives Lumentum (LITE) a Buy Rating Craig Hallum Adjusts Price Target
• Neutral Sentiment: Demand vs. supply narrative — analysts note demand is exceeding supply (and the company flagged customer commitments and sector updates), which supports revenue durability but could keep near‑term delivery constraints and backlog dynamics in focus. Lumentum continues to see demand exceeding supply
• Negative Sentiment: Profit‑taking and optics trade cooling — after the strong beat and guidance, investors rotated out of optics winners today; Lumentum moved down alongside peers as the AI/optics trade cooled, amplifying volatility. Applied Optoelectronics Crashes 14%, Coherent Slides 10%, Lumentum Falls 7% as Optics Trade Cools
• Negative Sentiment: Expectations vs. growth — some commentary and investor reaction suggest the stock is pricing very high growth already; a few writeups questioned whether expectations may be outrunning sustainable near‑term execution, which can prompt short‑term selling despite upside longer term. Lumentum falls 5% after results: are expectations outrunning growth?

Insider Transactions at Lumentum

In related news, insider Yuen Wupen sold 3,157 shares of the firm'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 transaction, the insider owned 88,439 shares in the company, valued at approximately $47,580,182. This trade represents a 3.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Vincent Retort sold 45,026 shares of Lumentum stock in a transaction that occurred on 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 in the company, valued at approximately $60,583,690.60. This trade represents a 30.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 60,926 shares of company stock valued at $36,254,801. 0.43% of the stock is currently owned by company insiders.

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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