Van Hulzen Asset Management LLC Takes Position in Lumentum Holdings Inc. $LITE

Van Hulzen Asset Management LLC bought a new stake in Lumentum Holdings Inc. (NASDAQ:LITE) in the second quarter, Holdings Channel reports. The institutional investor bought 750 shares of the technology company’s stock, valued at approximately $644,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arlington Capital Management Inc. increased its holdings in Lumentum by 196.3% in the 2nd quarter. Arlington Capital Management Inc. now owns 883 shares of the technology company’s stock valued at $758,000 after buying an additional 585 shares during the period. Gemmer Asset Management LLC bought a new position in shares of Lumentum during the 2nd quarter worth about $1,517,000. National Pension Service lifted its holdings in shares of Lumentum by 2,501.2% during the 2nd quarter. National Pension Service now owns 104,049 shares of the technology company’s stock worth $89,280,000 after acquiring an additional 100,049 shares during the period. NorthRock Partners LLC boosted its position in shares of Lumentum by 5.4% during the 2nd quarter. NorthRock Partners LLC now owns 3,364 shares of the technology company’s stock valued at $2,887,000 after acquiring an additional 172 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of Lumentum by 10.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 5,923 shares of the technology company’s stock valued at $5,082,000 after acquiring an additional 577 shares in the last quarter. 94.05% of the stock is owned by institutional investors.

Lumentum Stock Performance

NASDAQ LITE opened at $935.70 on Friday. The firm has a market cap of $83.93 billion, a price-to-earnings ratio of -11.38 and a beta of 1.53. The company has a 50 day moving average of $825.53 and a 200-day moving average of $826.58. The company has a current ratio of 1.68, a quick ratio of 1.40 and a debt-to-equity ratio of 0.01. Lumentum Holdings Inc. has a 1-year low of $144.52 and a 1-year high of $1,085.68.

Lumentum (NASDAQ:LITE) last announced its earnings results on Tuesday, August 11th. The technology company reported $3.23 EPS for the quarter, topping the consensus estimate of $2.97 by $0.26. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $987.70 million. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.Lumentum’s revenue was up 109.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. On average, equities analysts forecast that Lumentum Holdings Inc. will post 19.78 earnings per share for the current fiscal year.

Lumentum News Summary

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI-driven demand remains the primary bullish catalyst. Lumentum is expanding capacity for pump, EML and continuous-wave lasers as data-center customers increase spending on optical networking. Analysts see the company increasingly competing with Broadcom and Applied Optoelectronics. LITE’s Laser Growth Accelerates
• Positive Sentiment: Recent operating performance has been strong. Lumentum reported quarterly revenue of approximately $1.01 billion and adjusted earnings of $3.23 per share, exceeding analyst estimates. Revenue more than doubled year over year, while fiscal 2026 revenue increased 83.2%. The company also issued fiscal 2027 first-quarter EPS guidance of $4.05 to $4.35. Lumentum’s $7.2 Billion Loss Was Not A Loss
• Positive Sentiment: Shares recently benefited from an AI optical-networking rally. LITE jumped sharply in prior trading and was highlighted by investment commentary as a potential beneficiary of rising data-center photonics demand. AI Optical Networking Rally
• Neutral Sentiment: Reported short interest was zero shares, implying no measurable short-selling pressure; however, the data provides little additional insight into near-term trading direction.
• Negative Sentiment: Insiders disclosed additional sales. President Yuen Wupen sold 500 shares on September 10 for about $481,000 and another 500 shares on September 8 for about $448,000. Both transactions were made under a pre-arranged Rule 10b5-1 plan, reducing their ownership by only 0.43% per transaction. The sales may contribute to profit-taking concerns, although the planned nature makes them a limited bearish signal. SEC insider transaction filing
• Negative Sentiment: A separate report said Lumentum’s president sold 1,500 shares, reinforcing near-term concerns about insider profit-taking. Lumentum President Sells 1,500 Shares

Insiders Place Their Bets

In related news, insider Yuen Wupen sold 1,500 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $827.82, for a total transaction of $1,241,730.00. Following the transaction, the insider owned 100,434 shares in the company, valued at $83,141,273.88. This represents a 1.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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. Also, CEO Michael Hurlston sold 548 shares of the stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $958.66, for a total transaction of $525,345.68. Following the sale, the chief executive officer directly owned 186,951 shares in the company, valued at approximately $179,222,445.66. This represents a 0.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 66,147 shares of company stock valued at $56,741,571. 0.43% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on LITE. Morgan Stanley increased their price target on shares of Lumentum from $900.00 to $1,000.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 12th. Northland Securities upped their price objective on Lumentum from $1,000.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Raymond James Financial reissued an “outperform” rating and issued a $1,036.00 target price on shares of Lumentum in a report on Wednesday, August 12th. TD Cowen raised their target price on Lumentum from $800.00 to $820.00 and gave the stock a “hold” rating in a research report on Wednesday, August 12th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $1,300.00 price target on shares of Lumentum in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,053.83.

Lumentum Company Profile

Lumentum Holdings Inc (NASDAQ: LITE) designs and manufactures optical and photonic products used to transmit, process and control light. Its portfolio includes optical components, modules, subsystems, lasers and photonic integrated circuits that support communications networks, data centers, cloud infrastructure and industrial applications.

The company also supplies technologies for consumer electronics and 3D sensing, including laser-based products used in applications such as depth sensing and facial recognition.