BW Gestao de Investimentos Ltda. Acquires Shares of 35,076 Lumentum Holdings Inc. $LITE

BW Gestao de Investimentos Ltda. bought a new stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 35,076 shares of the technology company’s stock, valued at approximately $12,929,000.

A number of other hedge funds have also recently modified their holdings of LITE. EverSource Wealth Advisors LLC grew its stake in shares of Lumentum by 363.9% during the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock valued at $27,000 after buying an additional 131 shares during the last quarter. V Square Quantitative Management LLC bought a new position in shares of Lumentum during the fourth quarter valued at approximately $28,000. Danske Bank A S bought a new position in shares of Lumentum during the third quarter valued at approximately $33,000. Harbour Investments Inc. grew its stake in shares of Lumentum by 675.0% during the fourth quarter. Harbour Investments Inc. now owns 93 shares of the technology company’s stock valued at $34,000 after buying an additional 81 shares during the last quarter. Finally, Chesapeake Asset Management LLC bought a new position in shares of Lumentum during the fourth quarter valued at approximately $37,000. Institutional investors own 94.05% of the company’s stock.

Insider Buying and Selling at Lumentum

In other Lumentum news, Director Ian Small sold 4,954 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $868.07, for a total transaction of $4,300,418.78. Following the sale, the director owned 21,008 shares of the company’s stock, valued at approximately $18,236,414.56. This trade represents a 19.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Wajid Ali sold 2,487 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $953.95, for a total value of $2,372,473.65. Following the sale, the chief financial officer directly owned 60,951 shares in the company, valued at $58,144,206.45. This trade represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 39,844 shares of company stock worth $37,443,107. 0.43% of the stock is currently owned by company insiders.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Lumentum shares gained attention after a “Power Inflow” trading signal, which traders view as a bullish sign of heavy buying interest and institutional demand. Lumentum Shares Rise Over 7 Percent After Key Trading Signal
• Positive Sentiment: Analysts and market blogs highlighted Lumentum’s AI laser chip momentum, citing record EML shipments, strong 200G demand, and expanding co-packaged optics opportunities that could support further growth. Lumentum’s AI Laser Chip Momentum Builds: More Upside Ahead?
• Positive Sentiment: Lumentum continues to show up in momentum-stock screens as a tech-led AI rally pushes the broader market to fresh highs, reinforcing the idea that investors are rotating into names tied to AI infrastructure. Buy 3 Momentum Anomaly Stocks as Tech Rally Spurs Fresh Highs
• Positive Sentiment: The company also announced plans to reduce convertible debt through a private share exchange, which can be viewed positively because it may improve the balance sheet and lower future financial risk. Lumentum Reduces Convertible Debt Through Private Share Exchange
• Neutral Sentiment: Coverage noted that Lumentum is expanding U.S. indium phosphide capacity with new equipment orders and a planned North Carolina facility, signaling long-term investment in AI optics production rather than an immediate financial impact. Lumentum Targets AI Optics Growth With New US Indium Phosphide Capacity
• Neutral Sentiment: Additional market commentary compared Lumentum with other optics stocks such as Applied Optoelectronics, but this was mainly sector context rather than a company-specific catalyst. Applied Optoelectronics Is Up 439% in 2026: Is It Outperforming Other Optics Stocks Like Lumentum and Coherent?

Lumentum Stock Up 5.9%

Shares of NASDAQ LITE opened at $905.00 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $70.41 billion, a PE ratio of 167.59 and a beta of 1.53. The stock’s fifty day simple moving average is $865.06 and its two-hundred day simple moving average is $590.51. Lumentum Holdings Inc. has a 12-month low of $72.29 and a 12-month high of $1,085.68.

Lumentum (NASDAQ:LITE) last announced its earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.10. The business had revenue of $808.40 million for the quarter, compared to analysts’ expectations of $810.21 million. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.The business’s revenue for the quarter was up 90.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.57 EPS. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. As a group, analysts expect that Lumentum Holdings Inc. will post 6.49 EPS for the current fiscal year.

Analyst Ratings Changes

LITE has been the topic of a number of analyst reports. Rosenblatt Securities upped their target price on Lumentum from $900.00 to $1,300.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Bank of America upped their target price on Lumentum to $520.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Barclays upped their target price on Lumentum from $750.00 to $1,000.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. B. Riley Financial reissued a “buy” rating on shares of Lumentum in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. raised their price objective on Lumentum from $950.00 to $1,130.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,012.43.

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.