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February 10, 2024
Lumentum (NASDAQ:LITE – Get Free Report) issued an update on its third quarter 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.200-0.350 for the period, compared to the consensus earnings per share estimate of 0.320. The company issued revenue guidance of $350.0 million-$380.0 million, compared to the consensus revenue […]
February 9, 2024
Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report)’s share price was up 8.9% on Friday after Rosenblatt Securities raised their price target on the stock from $60.00 to $65.00. Rosenblatt Securities currently has a buy rating on the stock. Lumentum traded as high as $49.84 and last traded at $49.64. Approximately 1,647,800 shares were traded […]
February 4, 2024
Signaturefd LLC decreased its stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 44.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 609 shares of the technology company’s stock after selling 485 shares during the period. Signaturefd LLC’s holdings in Lumentum were worth […]
January 31, 2024
Jump Financial LLC reduced its position in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 6.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,714 shares of the technology company’s stock after selling 4,898 shares during the period. Jump […]
January 14, 2024
Shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) have received a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to […]
January 14, 2024
Wolff Wiese Magana LLC increased its stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 27.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,395 shares of the technology company’s stock after buying an additional 2,234 shares during […]
December 24, 2023
Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $51.50, but opened at $53.50. Lumentum shares last traded at $54.31, with a volume of 194,083 shares changing hands. Analysts Set New Price Targets A number of analysts recently weighed in on LITE […]
December 24, 2023
Shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) have been given a consensus rating of “Hold” by the thirteen research firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have issued a buy recommendation on the […]
December 24, 2023
Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) has been given a consensus recommendation of “Hold” by the thirteen analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. […]
December 9, 2023
Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) traded up 5.2% during mid-day trading on Thursday . The stock traded as high as $43.64 and last traded at $43.47. 270,575 shares changed hands during trading, a decline of 80% from the average session volume of 1,363,447 shares. The stock had previously closed at $41.32. Analyst […]