USA Financial Formulas Sells 931 Shares of Lumentum Holdings Inc. $LITE

USA Financial Formulas reduced its stake in Lumentum Holdings Inc. (NASDAQ:LITE) by 60.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 620 shares of the technology company’s stock after selling 931 shares during the period. USA Financial Formulas’ holdings in Lumentum were worth $229,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Advisors Asset Management Inc. boosted its holdings in Lumentum by 36.8% in the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock valued at $59,000 after purchasing an additional 254 shares during the period. NewEdge Advisors LLC boosted its stake in 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 buying an additional 6,275 shares during the period. Empowered Funds LLC grew its position in Lumentum by 9.1% during the first quarter. Empowered Funds LLC now owns 8,139 shares of the technology company’s stock worth $507,000 after buying an additional 680 shares in the last quarter. MAI Capital Management increased its stake in Lumentum by 27.0% in the 2nd quarter. MAI Capital Management now owns 452 shares of the technology company’s stock worth $43,000 after acquiring an additional 96 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Lumentum by 4.5% in the 2nd quarter. Legal & General Group Plc now owns 116,288 shares of the technology company’s stock valued at $11,054,000 after acquiring an additional 5,052 shares in the last quarter. 94.05% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Wajid Ali sold 5,302 shares of the company’s stock in a transaction 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 completion of the sale, the chief financial officer directly owned 66,287 shares in the company, valued at $45,812,934.31. This represents a 7.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Penny Herscher sold 4,000 shares of the 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 sale, the director directly owned 2,057 shares of the company’s stock, valued at $1,228,625.53. The trade was a 66.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 65,775 shares of company stock worth $38,851,343. 0.43% of the stock is owned by company insiders.

Lumentum Stock Performance

NASDAQ LITE opened at $702.73 on Monday. The company has a 50-day simple moving average of $582.14 and a two-hundred day simple moving average of $372.19. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.06. Lumentum Holdings Inc. has a 12-month low of $45.65 and a 12-month high of $808.80. The firm has a market cap of $50.17 billion, a price-to-earnings ratio of 215.56 and a beta of 1.38.

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

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Lumentum’s stock hit new highs after being added to major benchmarks, a move that typically forces index funds to buy shares and supports sustained demand. Lumentum (LITE) Stock Reaches Record Peak on S&P 500 Addition and Major NC Facility Announcement
• Positive Sentiment: Company announced plans for a new U.S. plant to produce lasers for AI data centers, naming NVIDIA as a customer — a revenue and margin tailwind if volumes scale to meet AI/optics demand. Lumentum plans new U.S. plant to produce lasers for AI data centers, Nvidia to be customer
• Positive Sentiment: Market analytics and trade flow services flagged “power inflow” / institutional outlier signals and large “big money” buys into LITE, which traders interpret as confirmation of institutional accumulation driving short-term momentum. Lumentum Shares Rise 3% After Key Trading Signal
• Positive Sentiment: Additional coverage highlights persistent “big money” inflows and historical outlier performance since 2016, reinforcing the narrative of institutional support and momentum. Watch Lumentum Rise on Big Money Buys
• Positive Sentiment: Analyst/market commentary grouped LITE among tech names showing double-digit gains recently, citing AI demand and cloud momentum that benefit Lumentum’s optics and laser exposure. 4 Tech Picks That Saw Double-Digit Gains Amid Volatility in Past Month
• Neutral Sentiment: General market roundups and “stocks to watch” lists (WSJ, Seeking Alpha, MSN) have highlighted LITE’s momentum; useful for visibility but less directly catalytic than index inclusion or confirmed customer wins. Stocks to Watch: Unity, Carnival, AstraZeneca
• Neutral Sentiment: Brief overnight/trending summaries have amplified attention on LITE among retail investors; this raises volume and volatility but is not a fundamental driver on its own. Lumentum Holdings (LITE) stock is trending overnight: Here’s what you should know

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. UBS Group lifted their target price on shares of Lumentum from $215.00 to $455.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Rosenblatt Securities restated a “buy” rating and set a $900.00 price objective on shares of Lumentum in a research report on Wednesday, March 18th. Citigroup upped their target price on shares of Lumentum to $560.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Morgan Stanley raised their price target on Lumentum to $595.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 18th. Finally, Zacks Research raised Lumentum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $575.06.

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.