Lumentum Holdings Inc. $LITE Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. raised its position in Lumentum Holdings Inc. (NASDAQ:LITE) by 70.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 4,375 shares of the technology company’s stock after acquiring an additional 1,812 shares during the period. Vise Technologies Inc.’s holdings in Lumentum were worth $4,250,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Red Spruce Capital LLC raised its holdings in shares of Lumentum by 0.4% in the third quarter. Red Spruce Capital LLC now owns 3,200 shares of the technology company’s stock valued at $3,108,000 after purchasing an additional 12 shares during the last quarter. CYBER HORNET ETFs LLC boosted its holdings in Lumentum by 7.2% during the second quarter. CYBER HORNET ETFs LLC now owns 209 shares of the technology company’s stock worth $179,000 after purchasing an additional 14 shares during the last quarter. Hilltop National Bank boosted its holdings in Lumentum by 26.8% during the second quarter. Hilltop National Bank now owns 71 shares of the technology company’s stock worth $61,000 after purchasing an additional 15 shares during the last quarter. Sachetta LLC grew its position in Lumentum by 118.8% in the first quarter. Sachetta LLC now owns 35 shares of the technology company’s stock valued at $25,000 after purchasing an additional 19 shares in the last quarter. Finally, Kieckhefer Group LLC grew its position in Lumentum by 0.8% in the third quarter. Kieckhefer Group LLC now owns 3,191 shares of the technology company’s stock valued at $3,099,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 94.05% of the company’s stock.

Analyst Ratings Changes

LITE has been the topic of several analyst reports. Stonex Financia raised shares of Lumentum to a “strong-buy” rating in a research report on Monday, October 26th. JPMorgan Chase & Co. raised their price objective on Lumentum from $1,165.00 to $1,280.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft began coverage on Lumentum in a research report on Monday, August 31st. They issued a “buy” rating and a $1,200.00 target price on the stock. Jefferies Financial Group upped their target price on Lumentum from $1,200.00 to $1,250.00 and gave the stock a “buy” rating in a report on Tuesday, October 20th. Finally, 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 report on Wednesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Lumentum presently has an average rating of “Moderate Buy” and a consensus target price of $1,046.54.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Lumentum issued strong fiscal Q2 2027 guidance: EPS of $5.90–$6.20 versus the $4.98 consensus and revenue of about $1.6 billion versus $1.5 billion expected. Its latest quarter also beat EPS estimates, with revenue up 136.5% year over year. Lumentum beats quarterly earnings and revenue estimates
• Positive Sentiment: The proposed combination with Marvell is intended to unite Lumentum’s optical components with Marvell’s custom chips and networking products, positioning the companies to benefit from rising AI data-center connectivity demand. Lumentum transaction details
• Neutral Sentiment: Some analysts still see potential upside, though their targets have been cut sharply: Susquehanna lowered its target to $950 and Rosenblatt to $900, while retaining positive or buy ratings. Susquehanna analyst rating
• Negative Sentiment: The $115 billion all-stock deal gives Lumentum holders 4.5 Marvell shares per share of Lumentum, so the offer’s value moves with Marvell’s stock. Deal skepticism and declines in both companies’ market values have fueled concerns about dilution, the transaction price and limited near-term upside. Merger doubts and market value losses
• Negative Sentiment: Shareholder law firms are investigating whether the sale is fair, while TD Cowen cut its target to $685 and B. Riley downgraded Lumentum to neutral with a lower $770 target. These developments add to investor uncertainty around the deal. Shareholder investigation announcement

Lumentum Stock Down 0.6%

Lumentum stock opened at $680.16 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.68 and a quick ratio of 1.40. The company’s 50-day moving average is $916.26 and its 200-day moving average is $798.35. The firm has a market capitalization of $61.61 billion, a PE ratio of -8.64 and a beta of 1.64. Lumentum Holdings Inc. has a fifty-two week low of $184.20 and a fifty-two week high of $1,143.00.

Lumentum (NASDAQ:LITE) last issued its earnings results on Monday, November 2nd. The technology company reported $4.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.22 by $0.35. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.26 billion. Lumentum had a negative net margin of 175.82% and a positive return on equity of 33.33%. Lumentum’s revenue was up 136.5% on a year-over-year basis. During the same period last year, the business posted $1.10 EPS. Sell-side analysts anticipate that Lumentum Holdings Inc. will post 19.79 earnings per share for the current year.

Insider Transactions at Lumentum

In other Lumentum news, insider Vincent Retort sold 38,663 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $852.59, for a total value of $32,963,687.17. Following the transaction, the insider directly owned 78,440 shares in the company, valued at $66,877,159.60. The trade was a 33.02% decrease in their ownership of the stock. The transaction 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 the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $852.58, for a total transaction of $10,230,960.00. Following the sale, the senior vice president owned 37,804 shares of the company’s stock, valued at approximately $32,230,934.32. This represents a 24.09% 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. Over the last 90 days, insiders sold 94,496 shares of company stock valued at $85,978,498. Corporate insiders own 0.28% of the company’s stock.

Lumentum Profile

Lumentum Holdings Inc is a technology company that designs and manufactures optical and photonic products for communications networks, industrial applications, and consumer electronics. Its portfolio includes optical components, modules, and subsystems used in fiber-optic networks, data centers, cloud computing infrastructure, telecommunications equipment, and high-speed connectivity systems.

The company also develops laser products for applications such as industrial processing, sensing, three-dimensional imaging, and other specialized commercial and consumer uses.