Headwater Capital Co Ltd Makes New $20.34 Million Investment in Lumentum Holdings Inc. $LITE

Headwater Capital Co Ltd bought a new stake in Lumentum Holdings Inc. (NASDAQ:LITE) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 125,000 shares of the technology company’s stock, valued at approximately $20,339,000. Lumentum makes up about 5.0% of Headwater Capital Co Ltd’s holdings, making the stock its 7th biggest holding. Headwater Capital Co Ltd owned about 0.18% of Lumentum as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its position in Lumentum by 363.9% in the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock valued at $27,000 after acquiring an additional 131 shares in the last quarter. MAI Capital Management boosted its stake in shares of Lumentum by 27.0% in the second quarter. MAI Capital Management now owns 452 shares of the technology company’s stock valued at $43,000 after purchasing an additional 96 shares during the period. Steigerwald Gordon & Koch Inc. acquired a new stake in Lumentum during the 3rd quarter valued at $49,000. Cullen Frost Bankers Inc. acquired a new stake in Lumentum during the 3rd quarter valued at $49,000. Finally, Advisors Asset Management Inc. increased its stake in Lumentum by 36.8% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock worth $59,000 after buying an additional 254 shares during the period. 94.05% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Lumentum

In related news, insider Yuen Wupen sold 3,157 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $538.00, for a total transaction of $1,698,466.00. Following the completion of the transaction, the insider owned 88,439 shares in the company, valued at $47,580,182. The trade was a 3.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Penny Herscher sold 4,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $597.29, for a total value of $2,389,160.00. Following the completion of the sale, the director directly owned 2,057 shares in the company, valued at $1,228,625.53. This represents a 66.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 60,473 shares of company stock worth $35,186,972. 0.43% of the stock is currently owned by company insiders.

Lumentum Trading Up 5.1%

NASDAQ LITE opened at $723.39 on Thursday. Lumentum Holdings Inc. has a one year low of $45.65 and a one year high of $765.00. The company has a 50-day simple moving average of $441.40 and a 200-day simple moving average of $284.63. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.45 and a current ratio of 0.61. The firm has a market capitalization of $51.65 billion, a PE ratio of 221.90 and a beta of 1.51.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Citigroup upped their price objective on shares of Lumentum to $560.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Raymond James Financial downgraded Lumentum from a “strong-buy” rating to an “outperform” rating and set a $220.00 price target for the company. in a report on Friday, October 31st. JPMorgan Chase & Co. lifted their price objective on Lumentum to $565.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. B. Riley Financial upgraded Lumentum from a “neutral” rating to a “buy” rating and increased their target price for the company from $147.00 to $526.00 in a research note on Wednesday, February 4th. Finally, UBS Group raised their price target on shares of Lumentum from $215.00 to $455.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $458.00.

Lumentum News Roundup

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Post-earnings AI-driven momentum: Investors are positioning ahead of management appearances and continuing to buy after Lumentum’s strong fiscal Q2 that highlighted cloud/AI demand and expanding profitability — a likely driver of the rally. Lumentum rises as investors position…
• Positive Sentiment: Product backlog and TAM expansion: Reports highlight surging order/backlog for optical circuit switches (OCS) and co‑packaged optics (CPO), which improve revenue visibility and margin leverage if demand persists. Lumentum’s OCS and CPO Momentum Builds…
• Positive Sentiment: Wall Street support and retail optimism: Multiple recent buy/outperform ratings (including Morgan Stanley coverage cited in press) and positive retail commentary are reinforcing the uptrend and setting higher price targets. LITE stock heads for 4th day in green…
• Neutral Sentiment: Unusually large options activity: Elevated call activity and unusual options trading have been reported — this can amplify intraday moves but doesn’t change fundamentals by itself. Lumentum Target of Unusually Large Options Trading…
• Neutral Sentiment: Near-term catalysts: Management appearances at investor conferences (late Feb/early Mar) are scheduled and could sustain momentum if commentary on backlog, customer demand, or product ramps is positive. Lumentum rises as investors position…
• Neutral Sentiment: Consensus broker view: Brokerages give LITE an average “Moderate Buy,” which supports continued interest but leaves room for dispersion in price targets. Lumentum Holdings Inc. Given Average Rating…
• Negative Sentiment: Balance-sheet uncertainty flagged: Coverage notes fresh questions around balance-sheet items that could weigh on valuation if clarified negatively or if cash/working-capital dynamics tighten. Lumentum’s AI Optics Boom Meets Fresh Balance Sheet Uncertainty
• Negative Sentiment: Heavy insider selling: Public filings show significant insider sales in recent months, which can be interpreted as a cautionary signal by some investors. Lumentum rises as investors position…

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.