Rakuten Securities Inc. Acquires 2,445 Shares of Lumentum Holdings Inc. $LITE

Key Points

• Rakuten Securities dramatically increased its stake in Lumentum in Q4—boosting holdings by 4,794.1% by purchasing 2,445 shares to own 2,496 shares worth about $920,000, per its latest 13F.
• Lumentum says it is sold out through 2027, and several analysts have raised targets and forecasts (e.g., Needham $1,040 target; Northland raised FY2027 EPS to $14.59), reflecting a shift toward AI-driven demand including Nvidia-related orders.
• The company reported a Q1 beat (EPS $1.67 vs. $1.41 consensus) with revenue up 65.5% year-over-year, while insiders sold roughly 65,775 shares (~$38.9M) in the past 90 days.

Rakuten Securities Inc. boosted its holdings in shares of Lumentum Holdings Inc. (NASDAQ:LITE - Free Report) by 4,794.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,496 shares of the technology company's stock after buying an additional 2,445 shares during the quarter. Rakuten Securities Inc.'s holdings in Lumentum were worth $920,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of LITE. Advisors Asset Management Inc. boosted its position in Lumentum by 36.8% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company's stock valued at $59,000 after acquiring an additional 254 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Lumentum by 109.9% in the 1st quarter. NewEdge Advisors LLC now owns 11,986 shares of the technology company's stock valued at $747,000 after acquiring an additional 6,275 shares during the period. Empowered Funds LLC raised its position in shares of Lumentum by 9.1% in the 1st quarter. Empowered Funds LLC now owns 8,139 shares of the technology company's stock worth $507,000 after acquiring an additional 680 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Lumentum during the 2nd quarter worth $298,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Lumentum during the 2nd quarter worth $1,712,000. Institutional investors own 94.05% of the company's stock.

Lumentum News Summary

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Needham raised its price target to $1,040, a clear signal of stronger upside expectations from a sell-side shop and a likely contributor to buying interest. Needham & Company LLC Boosts Lumentum NASDAQ: LITE Price Target to $1,040.00
• Positive Sentiment: Northland Securities materially raised FY2027 EPS estimates (to $14.59 from $10.69) and published updated quarterly forecasts — this repricing of future earnings lifts investor expectations and supports the rally. Northland Securities Comments on Lumentum Q1 Earnings
• Positive Sentiment: Management and coverage note that demand is extremely strong — Lumentum says it's sold out through 2027, underscoring capacity constraints and multi-year revenue visibility that traders view as a major tailwind. ​Lumentum Holdings (LITE) Sold Out Through 2027 on High Demand
• Positive Sentiment: Coverage is shifting to AI networking optics and large customer commitments (including Nvidia-related demand), reframing Lumentum from telecom cyclical to AI-driven growth, which supports higher valuations. How The Lumentum Holdings (LITE) Story Is Shifting With AI Optics And Nvidia Commitments
• Neutral Sentiment: Media noted an immediate market reaction — Lumentum traded notably higher after analyst upgrades — this reflects sentiment momentum but not new fundamental data by itself. Lumentum NASDAQ: LITE Trading 4.4% Higher After Analyst Upgrade
• Negative Sentiment: A Seeking Alpha piece flags a “hidden liquidity risk” in the footnotes — investors should read the analysis to assess whether contingent liabilities or financing language could create downside surprises. Lumentum: A Hidden Liquidity Risk Buried In The Footnotes
• Negative Sentiment: Tradr launched 2x inverse and inverse single-stock ETFs on LITE (and Sandisk); these products make it easier for traders to express bearish bets and can increase intraday volatility and short pressure. Tradr Debuts Short ETFs on Lumentum and Sandisk

Wall Street Analyst Weigh In

LITE has been the topic of several analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Lumentum in a research note on Tuesday. Susquehanna raised their price target on shares of Lumentum from $550.00 to $1,100.00 and gave the company a "positive" rating in a report on Monday. Barclays lifted their price objective on shares of Lumentum to $750.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 3rd. TD Cowen boosted their price objective on shares of Lumentum from $675.00 to $875.00 and gave the stock a "hold" rating in a research note on Friday, April 10th. Finally, B. Riley Financial raised shares of Lumentum from a "neutral" rating to a "buy" rating and increased their target price for the company from $147.00 to $526.00 in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, Lumentum presently has a consensus rating of "Moderate Buy" and a consensus target price of $757.25.

Lumentum Stock Performance

Shares of LITE stock opened at $846.89 on Friday. The business has a fifty day moving average of $733.38 and a 200 day moving average of $457.53. Lumentum Holdings Inc. has a 1 year low of $55.00 and a 1 year high of $960.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.61 and a quick ratio of 0.45. The firm has a market capitalization of $60.47 billion, a price-to-earnings ratio of 259.78 and a beta of 1.38.

Lumentum (NASDAQ:LITE - Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.26. Lumentum had a return on equity of 17.27% and a net margin of 11.95%.The business had revenue of $665.50 million for the quarter, compared to the consensus estimate of $646.74 million. During the same quarter in the previous year, the business earned $0.42 EPS. The company's quarterly revenue was up 65.5% compared to the same quarter last year. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. As a group, research analysts expect that Lumentum Holdings Inc. will post 5.87 earnings per share for the current year.

Insider Buying and Selling at Lumentum

In other news, Director Penny Herscher sold 4,849 shares of the company's stock in a transaction on Friday, February 6th. The shares were sold at an average price of $535.48, for a total value of $2,596,542.52. Following the sale, the director directly owned 6,057 shares of the company's stock, valued at $3,243,402.36. This represents a 44.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Vincent Retort sold 45,026 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $591.32, for a total transaction of $26,624,774.32. Following the completion of the sale, the insider owned 102,455 shares in the company, valued at $60,583,690.60. The trade was a 30.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 65,775 shares of company stock worth $38,851,343 in the last 90 days. Corporate insiders own 0.43% of the company's stock.

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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