QP Wealth Management LLC Makes New Investment in Lumentum Holdings Inc. $LITE

QP Wealth Management LLC bought a new stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,655 shares of the technology company’s stock, valued at approximately $2,453,000. Lumentum makes up about 2.2% of QP Wealth Management LLC’s investment portfolio, making the stock its 12th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Advisors Asset Management Inc. boosted its holdings in Lumentum by 36.8% in the first quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock worth $59,000 after acquiring an additional 254 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Lumentum by 109.9% during the first quarter. NewEdge Advisors LLC now owns 11,986 shares of the technology company’s stock valued at $747,000 after acquiring an additional 6,275 shares in the last quarter. Empowered Funds LLC raised its position in shares of Lumentum by 9.1% in the 1st quarter. Empowered Funds LLC now owns 8,139 shares of the technology company’s stock worth $507,000 after purchasing an additional 680 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Lumentum by 16.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 14,926 shares of the technology company’s stock worth $1,419,000 after purchasing an additional 2,089 shares in the last quarter. Finally, ProShare Advisors LLC bought a new position in Lumentum in the 2nd quarter worth about $292,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on LITE. Northland Securities set a $350.00 price objective on shares of Lumentum in a research note on Wednesday, December 3rd. Barclays upped their target price on shares of Lumentum to $750.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 3rd. Mizuho raised their price target on shares of Lumentum to $645.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. JPMorgan Chase & Co. boosted their price objective on shares of Lumentum to $565.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $900.00 price objective on shares of Lumentum in a research report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $575.06.

Lumentum Stock Performance

Shares of NASDAQ LITE opened at $706.35 on Friday. The firm’s 50-day moving average price is $542.15 and its 200-day moving average price is $348.44. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.06. The company has a market cap of $50.43 billion, a PE ratio of 216.67 and a beta of 1.38. Lumentum Holdings Inc. has a 52-week low of $45.65 and a 52-week high of $787.45.

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

Key Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Bank of America raised its price target sharply (reported as a 29% hike) and framed Lumentum as a key AI‑optics beneficiary, boosting investor confidence in the company’s data‑center connectivity positioning. Article Title
• Positive Sentiment: Reports that Lumentum is pursuing an $8 billion annual revenue target and has landed a major OCS contract have fueled bullish sentiment around its optical components backlog and long‑term growth runway. Article Title
• Positive Sentiment: Analyst support increased: Rosenblatt issued a Buy rating and Morgan Stanley boosted its price target (to $595), adding further institutional validation for the stock’s outlook. Rosenblatt Buy MS PT Boost
• Positive Sentiment: Industry research highlights Lumentum’s strength in OCS and CPO product lines and an expanding AI‑era backlog — factors that could sustain revenue growth as hyperscalers shift from copper to optical solutions. Article Title
• Positive Sentiment: Anticipation of official inclusion in the S&P 500 has driven buying into LITE as index funds and ETFs rebalance, supporting near‑term demand for the shares. Article Title
• Neutral Sentiment: Technical/flow factors: Some momentum traders cite a “power inflow” trading signal that helped push the stock higher in the short term; this is supportive but may be transient. Article Title
• Negative Sentiment: Caution from some analysts: while price action is strong, certain writeups note that recent earnings‑estimate revisions and lofty valuation metrics could limit upside or make the stock vulnerable to a pullback if growth expectations slip. Article Title

Insider Activity at Lumentum

In other Lumentum news, Director Penny Herscher sold 4,000 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $597.29, for a total transaction of $2,389,160.00. Following the completion of the sale, the director directly owned 2,057 shares in the company, valued at approximately $1,228,625.53. The trade was a 66.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Vincent Retort sold 3,441 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $545.78, for a total value of $1,878,028.98. Following the transaction, the insider directly owned 95,975 shares in the company, valued at $52,381,235.50. The trade was a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 65,775 shares of company stock worth $38,851,343. Company insiders own 0.43% of the company’s stock.

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.