MRA Advisory Group Sells 1,282 Shares of Lumentum Holdings Inc. $LITE

MRA Advisory Group decreased its position in Lumentum Holdings Inc. (NASDAQ:LITE) by 20.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,858 shares of the technology company’s stock after selling 1,282 shares during the period. MRA Advisory Group’s holdings in Lumentum were worth $790,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Hood River Capital Management LLC lifted its holdings in shares of Lumentum by 82.1% in the 2nd quarter. Hood River Capital Management LLC now owns 2,206,453 shares of the technology company’s stock worth $209,745,000 after buying an additional 994,551 shares during the period. Norges Bank purchased a new stake in Lumentum in the second quarter worth about $82,983,000. FengHe Fund Management Pte. Ltd. bought a new position in Lumentum during the 3rd quarter worth about $71,771,000. William Blair Investment Management LLC bought a new position in Lumentum during the 2nd quarter worth about $34,193,000. Finally, Channing Capital Management LLC increased its position in Lumentum by 61.0% during the 2nd quarter. Channing Capital Management LLC now owns 948,334 shares of the technology company’s stock valued at $90,149,000 after purchasing an additional 359,394 shares during the period. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

Lumentum Stock Down 3.6%

Lumentum stock opened at $562.74 on Monday. Lumentum Holdings Inc. has a 1-year low of $45.65 and a 1-year high of $603.83. The business has a fifty day moving average price of $393.19 and a 200-day moving average price of $255.83. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.61 and a quick ratio of 0.45. The stock has a market capitalization of $40.18 billion, a price-to-earnings ratio of 172.62 and a beta of 1.51.

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

Insider Buying and Selling at Lumentum

In other news, Director Penny Herscher sold 4,849 shares of Lumentum stock in a transaction on Friday, February 6th. The shares were sold at an average price of $535.48, for a total transaction of $2,596,542.52. Following the completion of the sale, the director directly owned 6,057 shares in the company, valued at approximately $3,243,402.36. The trade was a 44.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Jae Kim sold 170 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $246.00, for a total value of $41,820.00. Following the completion of the transaction, the senior vice president directly owned 38,400 shares in the company, valued at approximately $9,446,400. The trade was a 0.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 58,288 shares of company stock worth $32,800,908 in the last three months. 0.43% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on LITE shares. Citigroup upped their price target on shares of Lumentum to $560.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Mizuho upped their target price on Lumentum to $525.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Raymond James Financial cut Lumentum from a “strong-buy” rating to an “outperform” rating and set a $220.00 target price on the stock. in a research report on Friday, October 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lumentum in a report on Monday, December 29th. Finally, B. Riley Financial upgraded Lumentum from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $147.00 to $526.00 in a research note on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Lumentum presently has an average rating of “Moderate Buy” and a consensus target price of $444.94.

Key Stories Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Beat-and-raise quarter: Lumentum reported a large beat — non-GAAP EPS of $1.67 and revenue roughly $665.5M (up ~65% YoY) with an expanding optical circuit switch backlog and raised forward expectations, supporting the growth narrative for AI/data-center optics. Strong Earnings Momentum and Investor Optimism Lifted Lumentum Holdings (LITE) in Q4
• Positive Sentiment: AI/optics tailwinds and bullish media coverage are amplifying enthusiasm: multiple outlets highlight Lumentum as a key supplier for ultra-high-speed AI data links and project continued rapid revenue/earnings growth. Prediction: This Could Be the Best-Performing AI Chip Stock of 2026
• Positive Sentiment: Momentum trade and price action: LITE recently rallied on optics/AI rotation (coverage notes a near‑8% lift during the AI optics boom), which has attracted short‑term momentum buyers. Lumentum Leaps Nearly 8% During AI Optics Boom
• Neutral Sentiment: Analyst view vs. valuation: Analysts remain generally bullish on fundamentals and project sharp earnings growth, but some coverage flags valuation concerns — consensus targets in some places are below the current share price, suggesting limited upside for some investors. 3 High-Growth Unknowns in Photonics That Are Vital for AI
• Neutral Sentiment: Operational notes: Coverage mentions strong backlog but also some manufacturing/backend bottlenecks to navigate — a potential timing risk for shipment/gross-margin improvement. 3 High-Growth Unknowns in Photonics That Are Vital for AI
• Negative Sentiment: Large insider selling: Director Penny Herscher sold 4,000 shares (~$2.39M) on Feb. 12; the SEC Form 4 is filed. Insider sales of this size after a big run can signal profit-taking and increase selling pressure. Penny Herscher Form 4
• Negative Sentiment: Material insider sale by senior insider: Vincent Retort sold 45,026 shares (~$26.6M) on Feb. 12, reducing his holdings by ~30%. That large, public sale is likely contributing to downward pressure and investor caution. Vincent Retort Form 4

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.