MRA Advisory Group Cuts Position in Lumentum Holdings Inc. $LITE

MRA Advisory Group decreased its holdings in shares of Lumentum Holdings Inc. (NASDAQ:LITE) by 45.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,654 shares of the technology company’s stock after selling 2,204 shares during the period. MRA Advisory Group’s holdings in Lumentum were worth $978,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Federated Hermes Inc. raised its stake in Lumentum by 7,168.8% during the third quarter. Federated Hermes Inc. now owns 362,352 shares of the technology company’s stock valued at $58,958,000 after buying an additional 357,367 shares during the last quarter. FengHe Fund Management Pte. Ltd. purchased a new stake in shares of Lumentum in the third quarter worth $71,771,000. Pacer Advisors Inc. purchased a new stake in shares of Lumentum in the third quarter worth $1,512,000. Headwater Capital Co Ltd bought a new position in shares of Lumentum during the third quarter valued at $20,339,000. Finally, China Universal Asset Management Co. Ltd. bought a new position in shares of Lumentum during the third quarter valued at $1,383,000. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on LITE shares. TD Cowen initiated coverage on shares of Lumentum in a research note on Thursday, March 12th. They issued a “hold” rating and a $675.00 price target on the stock. Stifel Nicolaus raised their price objective on shares of Lumentum to $800.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. UBS Group lifted their target price on shares of Lumentum from $215.00 to $455.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lumentum in a research note on Monday, December 29th. Finally, Morgan Stanley increased their price target on shares of Lumentum to $595.00 and gave the company an “equal weight” rating in a report on Wednesday, March 18th. 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $575.06.

Lumentum Trading Up 8.1%

Lumentum stock opened at $826.88 on Friday. 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 200 day moving average is $385.22. The stock has a market capitalization of $59.04 billion, a PE ratio of 253.64 and a beta of 1.38. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.61 and a quick ratio of 0.45.

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

Insider Activity at Lumentum

In related news, CFO Wajid Ali sold 5,302 shares of the stock in a transaction that occurred on 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 transaction, the chief financial officer owned 66,287 shares in the company, valued at $45,812,934.31. This represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Penny Herscher sold 4,849 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was 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 owned 6,057 shares in the company, valued at $3,243,402.36. This represents a 44.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 65,775 shares of company stock valued at $38,851,343 over the last ninety days. Company insiders own 0.43% of the company’s stock.

More 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 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.