Pacer Advisors Inc. Purchases 3,074 Shares of Lumentum Holdings Inc. $LITE

Posted by George Bondi on Jun 23rd, 2026

Pacer Advisors Inc. raised its position in Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 33.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 12,365 shares of the technology company’s stock after purchasing an additional 3,074 shares during the period. Pacer Advisors Inc.’s holdings in Lumentum were worth $4,558,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Amanah Holdings Trust bought a new stake in shares of Lumentum in the fourth quarter valued at about $49,760,000. Virtu Financial LLC bought a new position in shares of Lumentum during the fourth quarter worth about $4,258,000. Compound Planning Inc. acquired a new stake in Lumentum in the 4th quarter valued at approximately $694,000. Axxcess Wealth Management LLC acquired a new stake in Lumentum in the 4th quarter valued at approximately $3,669,000. Finally, Corient Private Wealth LLC lifted its stake in Lumentum by 52.1% in the 4th quarter. Corient Private Wealth LLC now owns 4,089 shares of the technology company’s stock valued at $1,507,000 after acquiring an additional 1,400 shares in the last quarter. 94.05% of the stock is currently owned by institutional investors.

Lumentum Stock Up 5.2%

NASDAQ:LITE opened at $893.93 on Tuesday. The firm has a market capitalization of $69.55 billion, a price-to-earnings ratio of 165.54 and a beta of 1.47. Lumentum Holdings Inc. has a twelve month low of $86.63 and a twelve month high of $1,085.68. The stock’s 50 day moving average price is $902.94 and its two-hundred day moving average price is $656.28. 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 (NASDAQ:LITE – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $2.37 EPS for the quarter, beating the consensus estimate of $2.27 by $0.10. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.The company had revenue of $808.40 million during the quarter, compared to the consensus estimate of $810.21 million. During the same quarter in the prior year, the firm posted $0.57 EPS. The firm’s revenue for the quarter was up 90.1% compared to the same quarter last year. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. Equities research analysts expect that Lumentum Holdings Inc. will post 6.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Stifel Nicolaus upped 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. Zacks Research raised shares of Lumentum from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 13th. Susquehanna increased their target price on shares of Lumentum from $550.00 to $1,100.00 and gave the stock a “positive” rating in a report on Monday, April 20th. Northland Securities raised their target price on shares of Lumentum from $1,000.00 to $1,200.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Finally, Morgan Stanley lifted their price target on shares of Lumentum from $710.00 to $900.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,021.95.

Get Our Latest Stock Report on LITE

Insider Activity

In other news, Director Ian Small sold 4,954 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were 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 approximately $18,236,414.56. This represents a 19.08% 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. Also, SVP Jae Kim sold 1,422 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $953.95, for a total transaction of $1,356,516.90. Following the completion of the sale, the senior vice president directly owned 32,333 shares in the company, valued at approximately $30,844,065.35. The trade was a 4.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. In the last three months, insiders sold 41,260 shares of company stock valued at $38,859,220. 0.43% of the stock is owned by corporate insiders.

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.