MRA Advisory Group Reduces Stock Holdings in Lumentum Holdings Inc. $LITE

MRA Advisory Group lowered its holdings in shares of Lumentum Holdings Inc. (NASDAQ:LITE) by 45.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,654 shares of the technology company’s stock after selling 2,204 shares during the quarter. MRA Advisory Group’s holdings in Lumentum were worth $978,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Perigon Wealth Management LLC bought a new stake in Lumentum during the fourth quarter valued at approximately $264,000. Nisa Investment Advisors LLC increased its holdings in Lumentum by 248.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 2,287 shares of the technology company’s stock valued at $843,000 after buying an additional 1,630 shares during the last quarter. Brookstone Capital Management bought a new position in Lumentum in the fourth quarter worth approximately $259,000. Retirement Systems of Alabama raised its position in Lumentum by 0.8% in the fourth quarter. Retirement Systems of Alabama now owns 85,092 shares of the technology company’s stock worth $31,364,000 after acquiring an additional 699 shares during the period. Finally, J. Safra Sarasin Holding AG purchased a new position in shares of Lumentum during the 4th quarter worth $298,000. Institutional investors own 94.05% of the company’s stock.

Analyst Upgrades and Downgrades

LITE has been the subject of a number of recent research reports. Barclays boosted their price objective on shares of Lumentum to $750.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. lifted their target price on Lumentum to $565.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. B. Riley Financial raised Lumentum from a “neutral” rating to a “buy” rating and boosted their price target for the company from $147.00 to $526.00 in a report on Wednesday, February 4th. Rosenblatt Securities restated a “buy” rating and issued a $900.00 price target on shares of Lumentum in a research report on Wednesday, March 18th. Finally, Needham & Company LLC raised their price objective on Lumentum to $850.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $575.06.

Lumentum Stock Performance

Shares of NASDAQ LITE opened at $826.88 on Friday. The firm has a fifty day moving average price of $613.16 and a 200-day moving average price of $385.22. 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 stock has a market cap of $59.04 billion, a PE ratio of 253.64 and a beta of 1.38. Lumentum Holdings Inc. has a 1 year low of $45.65 and a 1 year high of $827.56.

Lumentum (NASDAQ:LITE) last released its earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.26. The company had revenue of $665.50 million for the quarter, compared to analysts’ expectations of $646.74 million. Lumentum had a net margin of 11.95% and a return on equity of 17.27%. Lumentum’s revenue for the quarter was up 65.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. Equities analysts anticipate that Lumentum Holdings Inc. will post 0.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Yuen Wupen sold 3,157 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $538.00, for a total value of $1,698,466.00. Following the transaction, the insider directly owned 88,439 shares in the company, valued at $47,580,182. The trade was 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 company’s 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 completion of the transaction, the director directly 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 have sold 65,775 shares of company stock valued at $38,851,343 over the last three months. Insiders own 0.43% of the company’s stock.

Key Stories Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Analysts and industry pieces argue Lumentum is a defining infrastructure play for AI optics, projecting substantial upside (some targeting a $1,000 share price) as hyperscalers ramp optical interconnects for AI servers. Lumentum’s Path to $1,000 per Share Runs Straight Through the AI Optics Boom
• Positive Sentiment: Lumentum announced it will open a 240,000 sq. ft. Greensboro facility to produce indium phosphide (InP) optical devices and ultra‑high‑power lasers for AI data centers — a capacity, onshoring and supply‑resilience move that supports revenue growth expectations. Lumentum (LITE) to Open Greensboro Plant for AI Data Center Lasers
• Positive Sentiment: Coverage highlights accelerating hyperscaler spending and AI demand as the primary driver of recent double‑digit gains; several outlets note the rally follows strong quarterly results and raised near‑term guidance. Lumentum stock surges as AI demand and hyperscaler spending soar
• Neutral Sentiment: Long-form pieces and market commentary argue the AI‑optics catalyst is still early — supportive for a multi‑quarter growth story but dependent on continued hyperscaler capex and successful capacity ramp. Lumentum: The AI Optics Catalyst Is Just Getting Started
• Negative Sentiment: Some analysts warn Lumentum’s valuation is rich after a >100% YTD run; while growth looks strong, the premium P/E and high expectations increase downside risk if hyperscaler spending cools. LITE Stock Surges 108% YTD: Is There More Room for It to Run?

Lumentum 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.