Hhlr Advisors LTD. Makes New Investment in Lumentum Holdings Inc. $LITE

Hhlr Advisors LTD. acquired a new stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,300 shares of the technology company’s stock, valued at approximately $2,832,000. Lumentum comprises about 0.3% of Hhlr Advisors LTD.’s investment portfolio, making the stock its 21st largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Hilton Head Capital Partners LLC bought a new stake in shares of Lumentum in the first quarter worth about $25,000. Sachetta LLC boosted its stake in Lumentum by 118.8% during the first quarter. Sachetta LLC now owns 35 shares of the technology company’s stock valued at $25,000 after buying an additional 19 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Lumentum during the second quarter valued at approximately $40,000. Keating Financial Advisory Services Inc. purchased a new position in Lumentum during the 2nd quarter valued at approximately $41,000. Finally, Fiduciary Financial Advisors purchased a new position in Lumentum during the 2nd quarter valued at approximately $42,000. Institutional investors own 94.05% of the company’s stock.

Lumentum Stock Performance

Shares of NASDAQ:LITE opened at $939.03 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.40 and a current ratio of 1.68. The firm’s 50 day simple moving average is $808.80 and its 200-day simple moving average is $801.60. The firm has a market cap of $84.23 billion, a PE ratio of -11.42 and a beta of 1.50. Lumentum Holdings Inc. has a one year low of $123.78 and a one year high of $1,085.68.

Lumentum (NASDAQ:LITE) last issued its earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.26. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $987.70 million. During the same period in the prior year, the business earned $0.88 EPS. The business’s revenue for the quarter was up 109.3% compared to the same quarter last year. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. As a group, equities analysts predict that Lumentum Holdings Inc. will post 19.76 EPS for the current year.

Insider Activity

In other Lumentum news, insider Vincent Retort sold 2,483 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $827.82, for a total transaction of $2,055,477.06. Following the completion of the sale, the insider directly owned 109,438 shares of the company’s stock, valued at approximately $90,594,965.16. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Yuen Wupen sold 500 shares of Lumentum stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $882.15, for a total transaction of $441,075.00. Following the completion of the transaction, the insider directly owned 91,729 shares in the company, valued at $80,918,737.35. This represents a 0.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 17,352 shares of company stock valued at $15,168,757. Corporate insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Stifel Nicolaus upped their price objective on Lumentum from $800.00 to $1,100.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Rosenblatt Securities reissued a “buy” rating and issued a $1,300.00 target price on shares of Lumentum in a report on Wednesday, August 12th. Needham & Company LLC restated a “buy” rating and issued a $1,040.00 price target on shares of Lumentum in a research report on Wednesday, August 12th. BNP Paribas Exane boosted their target price on shares of Lumentum from $1,040.00 to $1,300.00 in a report on Wednesday, May 6th. Finally, Wolfe Research restated an “outperform” rating on shares of Lumentum in a research report on Friday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,044.67.

Key Stories Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI optics demand is driving renewed buying. Lumentum gained for a second consecutive session as investors continued to favor companies supplying optical components for expanding AI data-center networks. Rival optoelectronics stocks were comparatively weaker, highlighting Lumentum’s current position as a preferred AI connectivity play. Lumentum Climbs 4% as the AI Optics Trade Extends a Second Session
• Positive Sentiment: Order-flow data signaled strong demand. A reported “Power Inflow” alert indicated substantial institutional and retail buying pressure, reinforcing the bullish technical momentum behind LITE’s advance. Lumentum Shares Rise Over 4% After Key Trading Signal
• Neutral Sentiment: New product ramps support the growth outlook but raise execution demands. Lumentum’s 1.6T transceivers and 200G lasers are being ramped to address AI networking demand, while capacity expansion and tight supply could support revenue growth. Lumentum’s 1.6T & 200G Ramp Faces Cisco & NVIDIA Competition
• Negative Sentiment: Insider sales remain a modest overhang. Insider Yuen Wupen sold a combined 1,000 shares for approximately $853,195 across August 24 and August 26. Both transactions were conducted under a pre-arranged Rule 10b5-1 plan and represented only about 0.54% of the insider’s holdings in each sale, reducing their significance as a bearish signal. SEC Insider Trading Filing
• Negative Sentiment: Competition could pressure future growth and margins. Cisco and NVIDIA are developing competing solutions as Lumentum expands its AI connectivity products, creating execution and pricing risks despite currently strong demand.

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.