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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 […]
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 […]
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 […]
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 […]
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 […]