SBI Securities Co. Ltd. Buys 2,965 Shares of Lumentum Holdings Inc. $LITE

Key Points

• SBI Securities increased its stake in Lumentum by 151.2% in Q4, purchasing 2,965 shares to hold 4,926 shares worth about $1.82 million per its 13F filing.
• Lumentum beat Q3 EPS estimates ($2.37 vs. $2.27), delivered ~90% year‑over‑year revenue growth and set Q4 guidance of $2.85–3.05 EPS, but the stock fell about 5.1% after the report amid a slight revenue miss and profit‑taking.
• Multiple analysts have raised price targets (average target ≈ $996) bolstering bullish sentiment, and institutional investors now own roughly 94.05% of the company's shares.

SBI Securities Co. Ltd. grew its stake in Lumentum Holdings Inc. (NASDAQ:LITE - Free Report) by 151.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,926 shares of the technology company's stock after purchasing an additional 2,965 shares during the period. SBI Securities Co. Ltd.'s holdings in Lumentum were worth $1,816,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Lumentum by 0.6% during the third quarter. Vanguard Group Inc. now owns 7,485,282 shares of the technology company's stock worth $1,217,930,000 after acquiring an additional 41,975 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Lumentum by 8,579.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,563,210 shares of the technology company's stock valued at $254,350,000 after purchasing an additional 1,545,199 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Lumentum by 4.4% in the 3rd quarter. Alliancebernstein L.P. now owns 1,085,119 shares of the technology company's stock worth $176,560,000 after purchasing an additional 45,953 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Lumentum by 707.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 994,478 shares of the technology company's stock worth $366,555,000 after purchasing an additional 871,249 shares during the last quarter. Finally, Holocene Advisors LP acquired a new stake in shares of Lumentum during the 3rd quarter worth about $136,401,000. Institutional investors own 94.05% of the company's stock.

Lumentum Stock Down 5.1%

NASDAQ:LITE opened at $944.28 on Thursday. The company has a market cap of $67.42 billion, a price-to-earnings ratio of 174.87 and a beta of 1.53. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.45 and a current ratio of 0.61. The stock's fifty day moving average price is $772.05 and its two-hundred day moving average price is $497.81. Lumentum Holdings Inc. has a 52-week low of $60.38 and a 52-week high of $1,021.00.

Lumentum (NASDAQ:LITE - Get Free Report) last released its earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.27 by $0.10. Lumentum had a net margin of 17.61% and a return on equity of 38.64%. The company had revenue of $808.40 million for the quarter, compared to the consensus estimate of $810.21 million. During the same period in the prior year, the company posted $0.57 EPS. The company's revenue was up 90.1% compared to the same quarter last year. 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.

Trending Headlines about Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Analysts pushed price targets sharply higher across the street (BNP Paribas, JPMorgan, Rosenblatt, Stifel, Loop Capital, Barclays), signaling stronger long‑term conviction tied to Lumentum’s AI/data‑center opportunity; these upgrades support upside momentum. BNP Paribas raises PT
• Positive Sentiment: Operational beat and stronger guidance: Q3 EPS of $2.37 topped estimates and management set Q4 EPS guidance (2.85–3.05) above consensus, while revenue rose ~90% Y/Y — fundamentals that underpin the bullish analyst moves. Q3 results and outlook
• Neutral Sentiment: Earnings / conference call materials and transcripts are available for deeper reading; management reiterated forward‑looking assumptions and the usual disclaimer about forward‑looking statements, useful for modeling but not new guidance. Earnings transcript
• Negative Sentiment: Near‑term market reaction was negative: shares fell after the print as investors parsed a revenue miss vs. street expectations and some traders booked gains after a multi‑session run. This tug‑of‑war between strong EPS/guide and revenue shortfalls pressured the stock. Market reaction Narrative shift / Yahoo
• Negative Sentiment: Analyst caution on execution / AI bottlenecks: commentary (e.g., Seeking Alpha) highlights potential supply/production or “AI bottleneck” risks that could constrain fulfillment of surging demand — a factor that could damp investor enthusiasm until clarity on capacity and timing is confirmed. AI bottleneck analysis

Analyst Upgrades and Downgrades

A number of research firms have commented on LITE. Susquehanna boosted their price target on shares of Lumentum from $550.00 to $1,100.00 and gave the company a "positive" rating in a research report on Monday, April 20th. Morgan Stanley raised their price objective on shares of Lumentum from $710.00 to $900.00 and gave the stock an "equal weight" rating in a report on Wednesday. Barclays lifted their target price on shares of Lumentum from $750.00 to $1,000.00 in a research note on Wednesday. Northland Securities set a $1,000.00 price target on Lumentum in a research report on Monday, April 20th. Finally, Bank of America raised their price target on Lumentum to $520.00 and gave the company a "neutral" rating in a report on Wednesday, February 4th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $996.05.

Insider Activity

In other news, insider Yuen Wupen sold 3,157 shares of the stock in a transaction on 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 completion of the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Penny Herscher sold 4,849 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $535.48, for a total value of $2,596,542.52. Following the transaction, the director owned 6,057 shares of the company's stock, valued at approximately $3,243,402.36. This trade represents a 44.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 65,775 shares of company stock worth $38,851,343 over the last quarter. 0.43% of the stock is owned by 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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