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Lumentum (NASDAQ:LITE) Issues Q3 2024 Earnings Guidance

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 […]
Craig Hallum Julia Suzanne Johnson Lumentum Company Profile Toroso Investments Lumentum Holdings Inc Snowden Capital Advisors

Lumentum (NASDAQ:LITE) Shares Up 8.9% After Analyst Upgrade

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 […]
Raymond James Julia Suzanne Johnson Craig Hallum Lumentum Company Profile Principal Securities Inc Optical Communications Opcomms
Source: wkrb13.com

Signaturefd LLC Sells 485 Shares of Lumentum Holdings Inc. (NASDAQ:LITE)

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 […]
United States New York Julia Suzanne Johnson First Manhattan Needham Company Lumentum Holdings Inc

Jump Financial LLC Lowers Stock Holdings in Lumentum Holdings Inc. (NASDAQ:LITE)

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 […]
Craig Hallum Julia Suzanne Johnson Covestor Ltd Jump Financial Securities Exchange Commission Quadrant Capital Group

Brokerages Set Lumentum Holdings Inc. (NASDAQ:LITE) Price Target at $50.50

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 […]
United States New Mexico Stifel Nicolaus Julia Suzanne Johnson Craig Hallum Securities Exchange Commission

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Wolff Wiese Magana LLC Grows Stock Holdings in Lumentum Holdings Inc. (NASDAQ:LITE)

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 […]
United States Stifel Nicolaus Raymond James Julia Suzanne Johnson Covestor Ltd Morgan Stanley

Lumentum (NASDAQ:LITE) Shares Gap Up to $51.50

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 […]
Raymond James Julia Suzanne Johnson Craig Hallum Headlands Technologies Needham Company Optical Communications Opcomms

Lumentum Holdings Inc. (NASDAQ:LITE) Given Consensus Rating of "Hold" by Brokerages

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 […]
New Mexico United States Raymond James Julia Suzanne Johnson Craig Hallum Principal Financial Group Inc

Brokerages Set Lumentum Holdings Inc. (NASDAQ:LITE) Price Target at $50.00

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. […]
Julia Suzanne Johnson Craig Hallum Ramirez Asset Management Inc Manufacturers Life Insurance Company Needham Company Group Plc

Lumentum (NASDAQ:LITE) Trading 5.2% Higher

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 […]
Stifel Nicolaus Julia Suzanne Johnson Raymond James Lumentum Company Profile Optical Communications Opcomms Morgan Stanley

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