Two Sigma Securities LLC Purchases Shares of 4,122 Lumentum Holdings Inc. $LITE

Two Sigma Securities LLC acquired a new position in Lumentum Holdings Inc. (NASDAQ:LITE) during the 2nd quarter, HoldingsChannel reports. The fund acquired 4,122 shares of the technology company’s stock, valued at approximately $3,537,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in LITE. Hilton Head Capital Partners LLC purchased a new position in shares of Lumentum during the 1st quarter valued at approximately $25,000. Sachetta LLC grew its position in Lumentum by 118.8% during the first quarter. Sachetta LLC now owns 35 shares of the technology company’s stock valued at $25,000 after buying an additional 19 shares during the period. Truvestments Capital LLC increased its holdings in Lumentum by 300.0% in the fourth quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock valued at $28,000 after buying an additional 57 shares in the last quarter. Triumph Capital Management acquired a new position in shares of Lumentum in the fourth quarter worth about $30,000. Finally, Danske Bank A S purchased a new stake in shares of Lumentum during the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Trending Headlines about Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI infrastructure demand remains the core bullish driver. Lumentum supplies optical components used in high-speed data-center networks, and investors continue to view its 1.6T transceivers and 200G lasers as beneficiaries of accelerating AI-networking demand.
• Positive Sentiment: Recent operating results provide support. Lumentum’s latest quarter exceeded expectations, with $3.23 in adjusted earnings per share versus a $2.97 consensus estimate and revenue of $1.01 billion, up 109.3% year over year. Q1 fiscal 2027 EPS guidance of $4.05–$4.35 also remains encouraging.
• Neutral Sentiment: Management’s technology-conference appearance offered no clearly new catalyst. Lumentum presented at the Deutsche Bank 2026 Technology Conference, where investors focused on its AI-product outlook, capacity expansion and execution. The supplied transcript did not identify a specific new forecast or announcement. Lumentum Deutsche Bank Technology Conference Transcript
• Negative Sentiment: Sector-wide risk-off trading pressured the stock. Applied Optoelectronics and Lumentum reportedly fell about 6%, while Coherent declined about 5%, as the optics stocks that led the August rally pulled back together. A Barron’s report suggested the declines reflected peer-related sympathy selling rather than company-specific news. Optics Stocks Slide as AI Hardware Trade Cools
• Negative Sentiment: Several insiders sold shares. SVP Jae Kim sold 12,000 shares for approximately $10.2 million, while Vincent Retort sold 38,663 shares for about $33.0 million. CEO Michael Hurlston sold 548 shares for roughly $525,000. The transactions were conducted under pre-arranged Rule 10b5-1 plans, limiting their value as a discretionary bearish signal, but they add a modest overhang after the stock’s substantial rally. SEC CEO Insider Trading Filing
• Negative Sentiment: Valuation and competition heighten volatility. With LITE trading near its 52-week high, investors may be particularly sensitive to profit-taking, execution problems or competition from Cisco and NVIDIA in AI connectivity.

Lumentum Price Performance

LITE stock opened at $895.00 on Monday. Lumentum Holdings Inc. has a 52 week low of $125.00 and a 52 week high of $1,085.68. The company has a quick ratio of 1.40, a current ratio of 1.68 and a debt-to-equity ratio of 0.01. The firm has a 50-day simple moving average of $811.83 and a 200-day simple moving average of $806.69. The stock has a market capitalization of $80.28 billion, a P/E ratio of -10.89 and a beta of 1.50.

Lumentum (NASDAQ:LITE) last issued its quarterly earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates of $2.97 by $0.26. Lumentum had a negative net margin of 230.15% and a positive return on equity of 26.34%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $987.70 million. During the same period last year, the company posted $0.88 EPS. Lumentum’s quarterly revenue was up 109.3% compared to the same quarter last year. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Equities analysts forecast that Lumentum Holdings Inc. will post 19.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

LITE has been the topic of a number of analyst reports. Jefferies Financial Group restated a “buy” rating and set a $1,200.00 target price on shares of Lumentum in a research report on Wednesday, May 6th. Northland Securities upped their price target on Lumentum from $1,000.00 to $1,200.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Stifel Nicolaus increased their price target on Lumentum from $800.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. BNP Paribas Exane raised their price objective on Lumentum from $1,040.00 to $1,300.00 in a report on Wednesday, May 6th. Finally, Weiss Ratings cut Lumentum from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Lumentum presently has an average rating of “Moderate Buy” and an average price target of $1,044.67.

Insiders Place Their Bets

In related news, CEO Michael E. Hurlston sold 548 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $958.66, for a total value of $525,345.68. Following the completion of the transaction, the chief executive officer directly owned 186,951 shares of the company’s stock, valued at approximately $179,222,445.66. This represents a 0.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Isaac Hosojiro Harris sold 1,416 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $1,000.08, for a total value of $1,416,113.28. Following the completion of the transaction, the director owned 6,984 shares in the company, valued at $6,984,558.72. The trade was a 16.86% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 64,563 shares of company stock valued at $55,448,750. 0.43% of the stock is owned by corporate insiders.

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.