Headwater Capital Co Ltd Has $11.06 Million Position in Lumentum Holdings Inc. $LITE

Posted by Brenda Bartman on Jun 12th, 2026

Headwater Capital Co Ltd reduced its stake in Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 76.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 30,000 shares of the technology company’s stock after selling 95,000 shares during the quarter. Lumentum makes up 2.1% of Headwater Capital Co Ltd’s investment portfolio, making the stock its 12th largest holding. Headwater Capital Co Ltd’s holdings in Lumentum were worth $11,058,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in Lumentum in the 4th quarter worth approximately $28,000. Harbour Investments Inc. lifted its holdings in Lumentum by 675.0% in the 4th quarter. Harbour Investments Inc. now owns 93 shares of the technology company’s stock worth $34,000 after purchasing an additional 81 shares during the last quarter. Chesapeake Asset Management LLC acquired a new stake in Lumentum in the 4th quarter worth approximately $37,000. BOCHK Asset Management Ltd acquired a new stake in Lumentum in the 4th quarter worth approximately $37,000. Finally, Zions Bancorporation National Association UT acquired a new stake in Lumentum in the 4th quarter worth approximately $42,000. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Lumentum

In other news, Director Isaac Hosojiro Harris sold 1,416 shares of Lumentum stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $1,000.08, for a total transaction of $1,416,113.28. Following the sale, the director owned 6,984 shares of the company’s stock, valued at approximately $6,984,558.72. This trade represents a 16.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Jae Kim sold 1,422 shares of Lumentum stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $953.95, for a total value of $1,356,516.90. Following the sale, the senior vice president directly owned 32,333 shares in the company, valued at $30,844,065.35. The trade was a 4.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold 41,260 shares of company stock worth $38,859,220 in the last three months. Company insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on LITE shares. TD Cowen boosted their target price on Lumentum from $875.00 to $995.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $1,200.00 target price on shares of Lumentum in a report on Wednesday, May 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,040.00 target price on shares of Lumentum in a report on Tuesday. JPMorgan Chase & Co. raised their target price on Lumentum from $950.00 to $1,130.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, Citic Securities raised their target price on Lumentum from $620.00 to $1,186.00 in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,021.95.

Read Our Latest Research Report on Lumentum

Lumentum Stock Performance

LITE opened at $889.59 on Friday. The firm has a market capitalization of $69.21 billion, a P/E ratio of 164.74 and a beta of 1.47. The stock’s 50 day moving average price is $894.51 and its two-hundred day moving average price is $627.66. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 0.01. Lumentum Holdings Inc. has a 12-month low of $81.93 and a 12-month high of $1,085.68.

Lumentum (NASDAQ:LITE – Get Free Report) last released its earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.10. The firm had revenue of $808.40 million for the quarter, compared to analyst estimates of $810.21 million. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.The company’s revenue was up 90.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.57 EPS. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. On average, equities analysts forecast that Lumentum Holdings Inc. will post 6.49 earnings per share for the current year.

Lumentum Company Profile

(Free Report)

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.