Capstone Investment Advisors LLC Acquires Shares of 19,176 Lumentum Holdings Inc. $LITE

Capstone Investment Advisors LLC bought a new position in shares of Lumentum Holdings Inc. (NASDAQ:LITE) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,176 shares of the technology company’s stock, valued at approximately $16,454,000.

A number of other large investors have also recently modified their holdings of the business. Nomura Asset Management Co. Ltd. boosted its stake in shares of Lumentum by 45.0% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 369,804 shares of the technology company’s stock valued at $136,306,000 after purchasing an additional 114,714 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Lumentum during the 1st quarter valued at approximately $2,046,000. Styrax Capital LP increased its position in Lumentum by 3.6% during the 1st quarter. Styrax Capital LP now owns 140,000 shares of the technology company’s stock worth $98,386,000 after purchasing an additional 4,837 shares in the last quarter. Whittier Trust Co. increased its position in Lumentum by 21,806.5% during the 1st quarter. Whittier Trust Co. now owns 74,044 shares of the technology company’s stock worth $57,183,000 after purchasing an additional 73,706 shares in the last quarter. Finally, Andar Capital Management HK Ltd acquired a new position in Lumentum during the 4th quarter worth approximately $4,325,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Lumentum News Summary

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI-optics enthusiasm remains the primary catalyst. Investors are buying Lumentum as demand grows for optical connectivity products used in AI data-center networks. Lumentum has recently outperformed some peer optoelectronics companies, reinforcing its status as a preferred AI infrastructure play. Lumentum Climbs 4% as the AI Optics Trade Extends a Second Session
• Positive Sentiment: Trading data pointed to strong buying pressure. A reported “Power Inflow” alert, based on institutional and retail order-flow activity, provided an additional technical signal supporting the recent advance. Lumentum Shares Rise Over 4% After Key Trading Signal
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive. Lumentum’s latest quarterly results exceeded expectations, with revenue more than doubling year over year, and its next-quarter EPS guidance is strong. Analysts maintain a broadly favorable view, including recent price-target increases and a consensus “Moderate Buy” rating.
• Neutral Sentiment: Management commentary is being monitored. Lumentum presented at the Deutsche Bank 2026 Technology Conference, giving investors an opportunity to assess its outlook for AI-related optical products, capacity expansion and execution. The supplied transcript entry does not identify a specific new forecast or announcement. Lumentum Deutsche Bank Technology Conference Transcript
• Negative Sentiment: Insider selling creates a modest overhang. Yuen Wupen sold 500 shares on both August 24 and August 26, but each transaction represented only about 0.54% of the insider’s holdings and was executed under a pre-arranged Rule 10b5-1 plan. The sales therefore appear less significant than discretionary selling. SEC Insider Trading Filing
• Negative Sentiment: Competition and valuation remain risks. Cisco and NVIDIA are developing competing AI-connectivity solutions, potentially pressuring Lumentum’s pricing and margins. The stock’s sharp run also increases sensitivity to execution issues or disappointing growth.

Insider Buying and Selling

In related news, insider Yuen Wupen sold 500 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $882.15, for a total transaction of $441,075.00. Following the completion of the transaction, the insider directly owned 119,127 shares of the company’s stock, valued at $105,087,883.05. This trade represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jae Kim sold 12,000 shares of Lumentum stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $852.58, for a total value of $10,230,960.00. Following the transaction, the senior vice president directly owned 37,804 shares in the company, valued at $32,230,934.32. The trade was a 24.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 64,015 shares of company stock valued at $54,923,404 over the last 90 days. 0.43% of the stock is owned by insiders.

Lumentum Stock Up 1.8%

NASDAQ:LITE opened at $956.14 on Friday. The firm’s 50 day simple moving average is $810.93 and its 200 day simple moving average is $804.45. 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 Holdings Inc. has a one year low of $125.00 and a one year high of $1,085.68. The company has a market cap of $85.77 billion, a PE ratio of -11.63 and a beta of 1.50.

Lumentum (NASDAQ:LITE) last posted its earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share for the quarter, topping analysts’ consensus estimates of $2.97 by $0.26. Lumentum had a negative net margin of 230.15% and a positive return on equity of 26.34%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $987.70 million. During the same period in the previous year, the firm posted $0.88 EPS. The company’s revenue for the quarter was up 109.3% compared to the same quarter last year. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. On average, research analysts anticipate that Lumentum Holdings Inc. will post 19.76 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on LITE shares. Mizuho raised their target price on shares of Lumentum from $1,100.00 to $1,140.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. UBS Group set a $820.00 price target on shares of Lumentum in a report on Wednesday, August 12th. Raymond James Financial reiterated an “outperform” rating and set a $1,036.00 price target on shares of Lumentum in a report on Wednesday, August 12th. Morgan Stanley increased their price target on Lumentum from $900.00 to $1,000.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 12th. Finally, BNP Paribas Exane raised their price objective on Lumentum from $1,040.00 to $1,300.00 in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,044.67.

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.