Trivest Advisors Ltd Increases Stake in Lumentum Holdings Inc. $LITE

Posted by Stanley Muller on Jul 20th, 2026

Trivest Advisors Ltd raised its position in Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 19.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 212,000 shares of the technology company’s stock after acquiring an additional 34,000 shares during the quarter. Lumentum makes up 10.7% of Trivest Advisors Ltd’s investment portfolio, making the stock its 3rd largest position. Trivest Advisors Ltd’s holdings in Lumentum were worth $148,985,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of LITE. Sachetta LLC boosted its holdings in shares of Lumentum by 118.8% during the first quarter. Sachetta LLC now owns 35 shares of the technology company’s stock worth $25,000 after purchasing an additional 19 shares during the period. Hilton Head Capital Partners LLC purchased a new position in Lumentum during the 1st quarter valued at about $25,000. Abel Hall LLC increased its holdings in Lumentum by 5.5% during the 1st quarter. Abel Hall LLC now owns 693 shares of the technology company’s stock valued at $487,000 after purchasing an additional 36 shares during the period. Checchi Capital Advisers LLC raised its position in Lumentum by 5.1% during the 1st quarter. Checchi Capital Advisers LLC now owns 790 shares of the technology company’s stock valued at $555,000 after purchasing an additional 38 shares during the last quarter. Finally, 180 Wealth Advisors LLC raised its position in Lumentum by 2.9% during the 1st quarter. 180 Wealth Advisors LLC now owns 1,553 shares of the technology company’s stock valued at $1,092,000 after purchasing an additional 44 shares during the last quarter. 94.05% of the stock is owned by institutional investors.

Lumentum News Summary

Here are the key news stories impacting Lumentum this week:

Positive Sentiment: Analysts highlighted Lumentum’s record laser-chip shipments and capacity expansion, suggesting the company is well positioned to benefit from surging AI networking demand. Can Lumentum’s AI Laser Chip Demand Accelerate Revenue Growth?
Positive Sentiment: Lumentum was upgraded to Zacks Rank #2 (Buy) after earnings estimates were raised, which signals improving sentiment around near-term earnings prospects. Lumentum (LITE) Upgraded to Buy: What Does It Mean for the Stock?
Positive Sentiment: Coverage comparing Lumentum with Applied Digital favored Lumentum’s stronger execution, AI-driven growth, and lower valuation, reinforcing the stock’s appeal to growth investors. LITE vs. APLD: Which AI Infrastructure Stock Offers Better Growth?
Neutral Sentiment: UBS reaffirmed its Hold rating, which may temper enthusiasm even as the broader AI-demand story remains constructive. UBS Reaffirms Their Hold Rating on Lumentum Holdings (LITE)
Neutral Sentiment: Citi’s addition of Lumentum to a 90-day catalyst watch suggests traders are watching for near-term catalysts, but it does not by itself change the fundamental outlook. Lumentum in focus as Citi adds 90-day catalyst watch
Negative Sentiment: Some articles point to valuation and analyst-watch attention rather than confirmed new financial results, so the stock could be vulnerable if AI demand growth or execution does not continue to meet high expectations.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. BNP Paribas Exane increased their price objective on Lumentum from $1,040.00 to $1,300.00 in a report on Wednesday, May 6th. Northland Securities boosted their target price 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. Weiss Ratings restated a “hold (c)” rating on shares of Lumentum in a report on Tuesday, April 21st. Raymond James Financial reaffirmed an “outperform” rating and issued a $1,014.00 price target on shares of Lumentum in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Lumentum from $950.00 to $1,130.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Lumentum presently has a consensus rating of “Moderate Buy” and an average price target of $1,012.67.

Read Our Latest Report on Lumentum

Lumentum Stock Performance

Shares of LITE opened at $732.82 on Monday. The company has a 50-day simple moving average of $865.06 and a two-hundred day simple moving average of $713.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.14 and a quick ratio of 0.97. The firm has a market capitalization of $57.01 billion, a PE ratio of 135.71 and a beta of 1.48. Lumentum Holdings Inc. has a one year low of $97.55 and a one year high of $1,085.68.

Lumentum (NASDAQ:LITE – Get Free Report) last posted its earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.10. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.The firm had revenue of $808.40 million for the quarter, compared to the consensus estimate of $810.21 million. During the same quarter in the prior year, the business earned $0.57 EPS. The business’s revenue for the quarter was up 90.1% on a year-over-year basis. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. On average, analysts anticipate that Lumentum Holdings Inc. will post 6.42 EPS for the current fiscal year.

Insider Activity at Lumentum

In related news, Director Ian Small sold 4,954 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $868.07, for a total value of $4,300,418.78. Following the sale, the director directly owned 21,008 shares of the company’s stock, valued at $18,236,414.56. This represents a 19.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Isaac Hosojiro Harris sold 1,416 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $1,000.08, for a total value of $1,416,113.28. Following the completion of the sale, the director directly owned 6,984 shares in the company, valued at approximately $6,984,558.72. The trade was a 16.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 41,260 shares of company stock valued at $38,859,220 over the last ninety days. Insiders own 0.43% of the company’s stock.

Lumentum 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.