628 Shares in Lumentum Holdings Inc. $LITE Purchased by Meiji Yasuda Life Insurance Co

Meiji Yasuda Life Insurance Co acquired a new stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 628 shares of the technology company’s stock, valued at approximately $539,000.

Several other large investors also recently modified their holdings of the stock. Thornburg Investment Management Inc. raised its holdings in shares of Lumentum by 221.6% in the 2nd quarter. Thornburg Investment Management Inc. now owns 2,563 shares of the technology company’s stock worth $2,199,000 after buying an additional 1,766 shares in the last quarter. Royal London Asset Management Ltd. boosted its stake in Lumentum by 38.6% in the 2nd quarter. Royal London Asset Management Ltd. now owns 77,287 shares of the technology company’s stock valued at $66,317,000 after buying an additional 21,537 shares in the last quarter. Toth Financial Advisory Corp boosted its stake in Lumentum by 127.3% in the 2nd quarter. Toth Financial Advisory Corp now owns 50 shares of the technology company’s stock valued at $43,000 after buying an additional 28 shares in the last quarter. Mufg Securities Americas Inc. grew its position in Lumentum by 18.6% in the second quarter. Mufg Securities Americas Inc. now owns 2,343 shares of the technology company’s stock valued at $2,010,000 after acquiring an additional 367 shares during the period. Finally, Van ECK Associates Corp grew its position in Lumentum by 469.7% in the second quarter. Van ECK Associates Corp now owns 678 shares of the technology company’s stock valued at $582,000 after acquiring an additional 559 shares during the period. 94.05% of the stock is currently owned by institutional investors.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI infrastructure demand remains the core bullish driver. Lumentum supplies optical components used in high-speed data-center networks, and investors continue to view its 1.6T transceivers and 200G lasers as beneficiaries of accelerating AI-networking demand.
• Positive Sentiment: Recent operating results provide support. Lumentum’s latest quarter exceeded expectations, with $3.23 in adjusted earnings per share versus a $2.97 consensus estimate and revenue of $1.01 billion, up 109.3% year over year. Q1 fiscal 2027 EPS guidance of $4.05–$4.35 also remains encouraging.
• Neutral Sentiment: Management’s technology-conference appearance offered no clearly new catalyst. Lumentum presented at the Deutsche Bank 2026 Technology Conference, where investors focused on its AI-product outlook, capacity expansion and execution. The supplied transcript did not identify a specific new forecast or announcement. Lumentum Deutsche Bank Technology Conference Transcript
• Negative Sentiment: Sector-wide risk-off trading pressured the stock. Applied Optoelectronics and Lumentum reportedly fell about 6%, while Coherent declined about 5%, as the optics stocks that led the August rally pulled back together. A Barron’s report suggested the declines reflected peer-related sympathy selling rather than company-specific news. Optics Stocks Slide as AI Hardware Trade Cools
• Negative Sentiment: Several insiders sold shares. SVP Jae Kim sold 12,000 shares for approximately $10.2 million, while Vincent Retort sold 38,663 shares for about $33.0 million. CEO Michael Hurlston sold 548 shares for roughly $525,000. The transactions were conducted under pre-arranged Rule 10b5-1 plans, limiting their value as a discretionary bearish signal, but they add a modest overhang after the stock’s substantial rally. SEC CEO Insider Trading Filing
• Negative Sentiment: Valuation and competition heighten volatility. With LITE trading near its 52-week high, investors may be particularly sensitive to profit-taking, execution problems or competition from Cisco and NVIDIA in AI connectivity.

Analysts Set New Price Targets

Several research firms have issued reports on LITE. Wolfe Research reiterated an “outperform” rating on shares of Lumentum in a research note on Friday, August 21st. Weiss Ratings lowered shares of Lumentum from a “hold (c-)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. Stifel Nicolaus increased their target price on shares of Lumentum from $800.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Mizuho lifted their price target on shares of Lumentum from $1,100.00 to $1,140.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. Finally, Citigroup reaffirmed a “buy” rating on shares of Lumentum in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,044.67.

Insider Activity at Lumentum

In other news, SVP Jae Kim sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $852.58, for a total value of $10,230,960.00. Following the transaction, the senior vice president owned 37,804 shares of the company’s stock, valued at approximately $32,230,934.32. This trade represents a 24.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vincent Retort sold 38,663 shares of Lumentum stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $852.59, for a total transaction of $32,963,687.17. Following the sale, the insider owned 78,440 shares of the company’s stock, valued at approximately $66,877,159.60. This represents a 33.02% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 64,563 shares of company stock worth $55,448,750. Insiders own 0.43% of the company’s stock.

Lumentum Stock Performance

LITE stock opened at $895.00 on Monday. The company has a market cap of $80.28 billion, a P/E ratio of -10.89 and a beta of 1.50. Lumentum Holdings Inc. has a twelve month low of $125.00 and a twelve month high of $1,085.68. The company has a quick ratio of 1.40, a current ratio of 1.68 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average of $811.83 and a 200-day moving average of $806.69.

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

About Lumentum

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.