Wealthfront Advisers LLC Has $6.58 Million Holdings in Lumentum Holdings Inc. $LITE

Posted by George Bondi on Jul 19th, 2026

Wealthfront Advisers LLC lifted its holdings in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 1,196.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,357 shares of the technology company’s stock after purchasing an additional 8,635 shares during the quarter. Wealthfront Advisers LLC’s holdings in Lumentum were worth $6,576,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LITE. Hilton Head Capital Partners LLC bought a new stake in shares of Lumentum in the first quarter valued at approximately $25,000. Sachetta LLC increased its stake in Lumentum by 118.8% during the 1st quarter. Sachetta LLC now owns 35 shares of the technology company’s stock worth $25,000 after acquiring an additional 19 shares during the period. V Square Quantitative Management LLC bought a new position in Lumentum during the 4th quarter worth $28,000. Truvestments Capital LLC raised its holdings in Lumentum by 300.0% in the 4th quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock valued at $28,000 after acquiring an additional 57 shares in the last quarter. Finally, Triumph Capital Management acquired a new position in Lumentum in the 4th quarter valued at $30,000. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Lumentum Stock Performance

Lumentum stock opened at $732.82 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.14 and a debt-to-equity ratio of 0.01. The stock has a market cap of $57.01 billion, a PE ratio of 135.71 and a beta of 1.48. Lumentum Holdings Inc. has a 12-month low of $97.55 and a 12-month high of $1,085.68. The business’s 50-day moving average price is $865.06 and its two-hundred day moving average price is $710.76.

Lumentum (NASDAQ:LITE – Get Free Report) last posted its earnings results on Tuesday, May 5th. The technology company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.10. Lumentum had a net margin of 17.61% and a return on equity of 24.81%. The firm had revenue of $808.40 million during the quarter, compared to analysts’ expectations of $810.21 million. During the same quarter in the prior year, the business earned $0.57 earnings per share. The business’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. As a group, analysts expect that Lumentum Holdings Inc. will post 6.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

LITE has been the subject of a number of recent analyst reports. Loop Capital upped their target price on Lumentum from $900.00 to $1,400.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Craig Hallum boosted their price target on Lumentum from $900.00 to $1,150.00 in a research note on Wednesday, May 6th. TD Cowen cut their price objective on shares of Lumentum from $995.00 to $800.00 and set a “hold” rating for the company in a research report on Monday, July 13th. Mizuho set a $1,100.00 price objective on shares of Lumentum in a research note on Wednesday, May 6th. Finally, Zacks Research lowered shares of Lumentum from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,012.67.

Get Our Latest Research Report on Lumentum

Insiders Place Their Bets

In other Lumentum news, insider Vincent Retort sold 3,183 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $953.95, for a total value of $3,036,422.85. Following the sale, the insider owned 89,563 shares in the company, valued at $85,438,623.85. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 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 Ian Small sold 4,954 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $868.07, for a total transaction of $4,300,418.78. Following the sale, the director directly owned 21,008 shares in the company, valued at approximately $18,236,414.56. The trade was a 19.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 41,260 shares of company stock worth $38,859,220 over the last 90 days. Insiders own 0.43% of the company’s stock.

Lumentum News Roundup

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.

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.