Pacer Advisors Inc. Has $2.55 Million Position in Lumentum Holdings Inc. $LITE

Posted by Stanley Muller on Aug 8th, 2026

Pacer Advisors Inc. lessened its position in Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 70.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,632 shares of the technology company’s stock after selling 8,733 shares during the period. Pacer Advisors Inc.’s holdings in Lumentum were worth $2,552,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Hilton Head Capital Partners LLC bought a new stake in shares of Lumentum in the 1st quarter valued at about $25,000. Sachetta LLC grew its holdings in 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. V Square Quantitative Management LLC acquired a new position in Lumentum during the fourth quarter worth approximately $28,000. Truvestments Capital LLC increased its position in Lumentum by 300.0% during the fourth quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock worth $28,000 after buying an additional 57 shares during the last quarter. Finally, Triumph Capital Management bought a new stake in Lumentum in the fourth quarter valued at approximately $30,000. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Lumentum

Here are the key news stories impacting Lumentum this week:

Positive Sentiment: AI-photonics rally: Lumentum benefited from broad strength across “AI pick-and-shovel” stocks. Strong results from peers helped reinforce expectations that rising data-center connectivity requirements will support demand for optical and photonic products. These AI ‘Pick and Shovel’ Plays Soared on Friday
Positive Sentiment: Potential China-related tailwind: Reports that the Federal Communications Commission could restrict imports of new Chinese optical transceivers are raising the possibility of greater market share and pricing opportunities for U.S.-based suppliers such as Lumentum. Analysts have cited an approximately $1,100 price target and continued earnings-growth potential. The Trump Administration Could Soon Create the ‘Mother of All’ AI Bottlenecks LITE Stock Alert: Analysts See Big Upside Ahead for Lumentum
Positive Sentiment: Strong growth expectations ahead of earnings: Lumentum is expected to report fiscal fourth-quarter results Tuesday. Investors are focused on whether strong AI optics demand and the ramp of 1.6-terabit transceivers can drive another strong quarter, with options markets anticipating significant volatility around the release. Should Lumentum Stock Be in Your Portfolio Pre-Q4 Earnings? Nvidia-Backed Lumentum Reports Earnings Tuesday
Neutral Sentiment: Peer confirmation: Applied Optoelectronics’ sharply higher second-quarter revenue and gains among other optical suppliers provided additional evidence of robust industry demand, helping lift sentiment toward Lumentum. Applied Optoelectronics Zooms Higher on Quarterly Results
Negative Sentiment: Execution and valuation risks: Supply constraints could limit Lumentum’s ability to capitalize on AI demand, while the stock’s substantial 2026 advance and elevated valuation leave it vulnerable to an earnings miss, cautious guidance, or profit-taking. Lumentum: You Snooze, You Lose

Insiders Place Their Bets

In other Lumentum news, SVP Jae Kim sold 1,422 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $953.95, for a total value of $1,356,516.90. Following the completion of the sale, the senior vice president owned 32,333 shares of the company’s stock, valued at $30,844,065.35. The trade was a 4.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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, Director Isaac Hosojiro Harris sold 1,416 shares of the 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 transaction, the director owned 6,984 shares in the company, valued at approximately $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 ninety days, insiders have sold 37,760 shares of company stock worth $35,670,125. 0.43% of the stock is currently owned by insiders.

Lumentum Stock Performance

NASDAQ:LITE opened at $890.17 on Friday. The stock has a 50 day simple moving average of $815.23 and a 200 day simple moving average of $753.92. The stock has a market cap of $69.26 billion, a P/E ratio of 164.85 and a beta of 1.50. Lumentum Holdings Inc. has a 1-year low of $111.20 and a 1-year high of $1,085.68. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01.

Lumentum (NASDAQ:LITE – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $2.37 EPS for the quarter, beating 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 analyst estimates of $810.21 million. During the same period in the prior year, the firm posted $0.57 EPS. The company’s revenue for the quarter was up 90.1% on a year-over-year basis. Research analysts anticipate that Lumentum Holdings Inc. will post 6.42 earnings per share for the current year.

Analysts Set New Price Targets

LITE has been the subject of a number of recent analyst reports. Barclays raised their price objective on Lumentum from $750.00 to $1,000.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Rosenblatt Securities increased their price target on Lumentum from $900.00 to $1,300.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Mizuho set a $1,100.00 price objective on shares of Lumentum in a research report on Wednesday, May 6th. Northland Securities upped their price objective on shares of Lumentum from $1,000.00 to $1,200.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Finally, BNP Paribas Exane raised their target price on shares of Lumentum from $1,040.00 to $1,300.00 in a research note on Wednesday, May 6th. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Lumentum currently has an average rating of “Moderate Buy” and an average target price of $1,012.67.

Read Our Latest Stock Analysis on Lumentum

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.

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Institutional Ownership by Quarter for Lumentum (NASDAQ:LITE)

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