Three Seasons Wealth LLC Purchases 3,220 Shares of Lumentum Holdings Inc. $LITE

Three Seasons Wealth LLC increased its position in Lumentum Holdings Inc. (NASDAQ:LITE) by 251.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,502 shares of the technology company’s stock after buying an additional 3,220 shares during the quarter. Lumentum accounts for approximately 0.4% of Three Seasons Wealth LLC’s investment portfolio, making the stock its 25th largest position. Three Seasons Wealth LLC’s holdings in Lumentum were worth $3,863,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Hilton Head Capital Partners LLC bought a new position in shares of Lumentum during the first quarter worth about $25,000. Sachetta LLC boosted its stake in shares of Lumentum by 118.8% in the 1st quarter. Sachetta LLC now owns 35 shares of the technology company’s stock valued at $25,000 after purchasing an additional 19 shares during the last quarter. Truvestments Capital LLC boosted its stake in shares of Lumentum by 300.0% in the 4th quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock valued at $28,000 after purchasing an additional 57 shares during the last quarter. Triumph Capital Management acquired a new stake in Lumentum during the 4th quarter worth about $30,000. Finally, Danske Bank A S acquired a new stake in Lumentum during the third quarter worth approximately $33,000. 94.05% of the stock is owned by institutional investors.

Key Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Optical-photonics rally: Lumentum gained alongside Coherent and other optical-networking stocks as investors focused on rising demand for lasers and optical components used to connect high-performance AI chips. Optical-photonics stocks article
• Positive Sentiment: Favorable analyst coverage: Deutsche Bank initiated coverage with a Buy rating, while Evercore also began research coverage. New institutional coverage can improve visibility and support investor interest in LITE. Deutsche Bank coverage article Evercore coverage article
• Positive Sentiment: AI infrastructure fundamentals remain strong: Recent results showed approximately $1.01 billion in quarterly revenue, adjusted EPS of $3.23, and guidance for $1.225 billion–$1.275 billion in revenue. Nvidia’s investment and purchase commitment for Lumentum’s laser components further reinforce the AI-demand thesis.
• Neutral Sentiment: Portfolio concentration warning: One analysis said LITE’s roughly 680% advance can make it an outsized portfolio position. The article remained positive on the business but advised investors to reassess position sizing after the substantial rally. Lumentum portfolio concentration article
• Negative Sentiment: Valuation concerns: A Seeking Alpha analysis argued that Lumentum has become too expensive following its dramatic run, creating a potential headwind if growth or AI infrastructure spending fails to exceed already-high expectations. Lumentum valuation article
• Negative Sentiment: Insider selling: Yuen Wupen sold two separate blocks of 500 shares for a combined $862,245. Both trades were conducted under a pre-arranged Rule 10b5-1 plan and represented only 0.43% of the insider’s holdings, making the signal relatively limited.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Lumentum in a report on Monday. They issued a “buy” rating and a $1,200.00 price target for the company. Citic Securities lifted their target price on Lumentum from $620.00 to $1,186.00 in a research report on Monday, May 11th. Citigroup reiterated a “buy” rating on shares of Lumentum in a report on Wednesday, August 12th. Evercore assumed coverage on Lumentum in a research report on Monday. They issued an “outperform” rating and a $1,100.00 price target for the company. Finally, Bank of America dropped their price objective on Lumentum from $1,100.00 to $1,000.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Lumentum currently has an average rating of “Moderate Buy” and a consensus target price of $1,053.83.

Insider Buying and Selling

In other Lumentum news, SVP Jae Kim sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $852.58, for a total value of $10,230,960.00. Following the completion of the transaction, the senior vice president owned 37,804 shares in the company, valued at $32,230,934.32. This trade represents a 24.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vincent Retort sold 38,663 shares of Lumentum stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $852.59, for a total value of $32,963,687.17. Following the transaction, the insider directly owned 78,440 shares of the company’s stock, valued at $66,877,159.60. The trade was a 33.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 65,147 shares of company stock valued at $55,812,856 in the last ninety days. 0.43% of the stock is owned by company insiders.

Lumentum Price Performance

Lumentum stock opened at $881.26 on Friday. The company has a current ratio of 1.68, a quick ratio of 1.40 and a debt-to-equity ratio of 0.01. The company has a market cap of $79.05 billion, a price-to-earnings ratio of -10.72 and a beta of 1.53. Lumentum Holdings Inc. has a 12 month low of $144.20 and a 12 month high of $1,085.68. The business’s 50 day simple moving average is $814.62 and its 200 day simple moving average is $815.74.

Lumentum (NASDAQ:LITE) last announced its quarterly earnings data 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. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $987.70 million. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.The firm’s revenue for the quarter was up 109.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Sell-side analysts forecast that Lumentum Holdings Inc. will post 19.78 EPS for the current year.

About Lumentum

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.