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Westfield Capital Management Co. LP bought a new stake in Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor bought 566,100 shares of the technology company’s stock, valued at approximately $29,675,000. A number of other institutional investors and hedge funds also recently made changes to their positions […]

King Luther Capital Management Corp lessened its stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 5.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,135 shares of the technology company’s stock after selling 4,620 shares […]

Lumentum (NASDAQ:LITE – Get Free Report) updated its fourth quarter 2024 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of -0.050-0.100 for the period, compared to the consensus estimate of 0.140. The company issued revenue guidance of $290.0 million-$315.0 million, compared to the consensus revenue estimate of $331.4 million. Lumentum also […]

Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) was the target of some unusual options trading activity on Tuesday. Investors bought 15,020 call options on the company. This is an increase of 901% compared to the typical volume of 1,501 call options. Analyst Upgrades and Downgrades LITE has been the topic of several recent analyst […]

Shares of Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) have earned a consensus rating of “Hold” from the twelve analysts that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have assigned a buy recommendation to the […]