Lumentum Holdings Inc. $LITE Shares Sold by Thompson Investment Management Inc.

Thompson Investment Management Inc. decreased its position in Lumentum Holdings Inc. (NASDAQ:LITE) by 66.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,820 shares of the technology company’s stock after selling 40,676 shares during the quarter. Thompson Investment Management Inc.’s holdings in Lumentum were worth $7,674,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Federated Hermes Inc. boosted its stake in shares of Lumentum by 7,168.8% in the third quarter. Federated Hermes Inc. now owns 362,352 shares of the technology company’s stock valued at $58,958,000 after purchasing an additional 357,367 shares during the period. FengHe Fund Management Pte. Ltd. purchased a new stake in Lumentum during the 3rd quarter worth approximately $71,771,000. Pacer Advisors Inc. purchased a new stake in Lumentum during the 3rd quarter worth approximately $1,512,000. Headwater Capital Co Ltd acquired a new stake in Lumentum during the 3rd quarter worth approximately $20,339,000. Finally, China Universal Asset Management Co. Ltd. purchased a new position in Lumentum in the 3rd quarter valued at approximately $1,383,000. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Lumentum’s stock hit new highs after being added to major benchmarks, a move that typically forces index funds to buy shares and supports sustained demand. Lumentum (LITE) Stock Reaches Record Peak on S&P 500 Addition and Major NC Facility Announcement
• Positive Sentiment: Company announced plans for a new U.S. plant to produce lasers for AI data centers, naming NVIDIA as a customer — a revenue and margin tailwind if volumes scale to meet AI/optics demand. Lumentum plans new U.S. plant to produce lasers for AI data centers, Nvidia to be customer
• Positive Sentiment: Market analytics and trade flow services flagged “power inflow” / institutional outlier signals and large “big money” buys into LITE, which traders interpret as confirmation of institutional accumulation driving short-term momentum. Lumentum Shares Rise 3% After Key Trading Signal
• Positive Sentiment: Additional coverage highlights persistent “big money” inflows and historical outlier performance since 2016, reinforcing the narrative of institutional support and momentum. Watch Lumentum Rise on Big Money Buys
• Positive Sentiment: Analyst/market commentary grouped LITE among tech names showing double-digit gains recently, citing AI demand and cloud momentum that benefit Lumentum’s optics and laser exposure. 4 Tech Picks That Saw Double-Digit Gains Amid Volatility in Past Month
• Neutral Sentiment: General market roundups and “stocks to watch” lists (WSJ, Seeking Alpha, MSN) have highlighted LITE’s momentum; useful for visibility but less directly catalytic than index inclusion or confirmed customer wins. Stocks to Watch: Unity, Carnival, AstraZeneca
• Neutral Sentiment: Brief overnight/trending summaries have amplified attention on LITE among retail investors; this raises volume and volatility but is not a fundamental driver on its own. Lumentum Holdings (LITE) stock is trending overnight: Here’s what you should know

Lumentum Stock Performance

NASDAQ LITE opened at $702.73 on Monday. Lumentum Holdings Inc. has a 52 week low of $45.65 and a 52 week high of $808.80. The firm has a 50 day moving average of $582.14 and a two-hundred day moving average of $372.19. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $50.17 billion, a PE ratio of 215.56 and a beta of 1.38.

Lumentum (NASDAQ:LITE) last announced its quarterly earnings data 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 business had revenue of $665.50 million for the quarter, compared to analyst estimates of $646.74 million. Lumentum had a net margin of 11.95% and a return on equity of 17.27%. The company’s revenue was up 65.5% on a year-over-year basis. During the same period last year, the business earned $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. As a group, research analysts expect that Lumentum Holdings Inc. will post 0.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on LITE. Stifel Nicolaus boosted their price target on shares of Lumentum to $800.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Bank of America increased their price objective on Lumentum to $520.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Needham & Company LLC lifted their target price on Lumentum to $850.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Zacks Research raised Lumentum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Finally, JPMorgan Chase & Co. upped their price target on Lumentum to $565.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Lumentum has a consensus rating of “Moderate Buy” and an average price target of $575.06.

Insiders Place Their Bets

In other news, CFO Wajid Ali sold 5,302 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $691.13, for a total transaction of $3,664,371.26. Following the completion of the transaction, the chief financial officer directly owned 66,287 shares of the company’s stock, valued at approximately $45,812,934.31. This represents a 7.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Penny Herscher sold 4,000 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $597.29, for a total value of $2,389,160.00. Following the completion of the transaction, the director owned 2,057 shares in the company, valued at approximately $1,228,625.53. The trade was a 66.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 65,775 shares of company stock valued at $38,851,343 in the last three months. Corporate insiders own 0.43% of the company’s stock.

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.