809 Shares in Lumentum Holdings Inc. $LITE Purchased by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG purchased a new stake in Lumentum Holdings Inc. (NASDAQ:LITE) during the 4th quarter, Holdings Channel.com reports. The fund purchased 809 shares of the technology company’s stock, valued at approximately $298,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership grew its stake in shares of Lumentum by 8,579.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,563,210 shares of the technology company’s stock valued at $254,350,000 after purchasing an additional 1,545,199 shares during the last quarter. Hood River Capital Management LLC lifted its holdings in shares of Lumentum by 82.1% during the second quarter. Hood River Capital Management LLC now owns 2,206,453 shares of the technology company’s stock worth $209,745,000 after purchasing an additional 994,551 shares during the period. Norges Bank acquired a new stake in shares of Lumentum during the second quarter worth $82,983,000. Assenagon Asset Management S.A. grew its position in Lumentum by 707.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 994,478 shares of the technology company’s stock valued at $366,555,000 after buying an additional 871,249 shares during the last quarter. Finally, Holocene Advisors LP purchased a new position in Lumentum in the 3rd quarter valued at $136,401,000. 94.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Lumentum

In other Lumentum news, CFO Wajid Ali sold 5,302 shares of Lumentum stock in a transaction dated Friday, February 27th. The shares were 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 owned 66,287 shares in the company, valued at approximately $45,812,934.31. The trade was a 7.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Yuen Wupen sold 3,157 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $538.00, for a total transaction of $1,698,466.00. Following the completion of the sale, the insider directly owned 88,439 shares in the company, valued at $47,580,182. This trade represents a 3.45% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 65,775 shares of company stock worth $38,851,343. 0.43% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

LITE has been the subject of a number of analyst reports. TD Cowen initiated coverage on shares of Lumentum in a research report on Thursday, March 12th. They set a “hold” rating and a $675.00 price objective for the company. Barclays boosted their price target on shares of Lumentum to $750.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 3rd. Bank of America increased their price target on shares of Lumentum to $520.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. B. Riley Financial upgraded shares of Lumentum from a “neutral” rating to a “buy” rating and raised their price objective for the company from $147.00 to $526.00 in a research report on Wednesday, February 4th. Finally, Mizuho boosted their target price on Lumentum to $645.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $575.06.

Key Lumentum News

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 Stock Up 8.1%

LITE opened at $826.88 on Friday. 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 company has a market cap of $59.04 billion, a price-to-earnings ratio of 253.64 and a beta of 1.38. Lumentum Holdings Inc. has a one year low of $45.65 and a one year high of $827.56. The business’s fifty day moving average is $613.16 and its two-hundred day moving average is $385.22.

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

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.