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Guggenheim Capital LLC trimmed its stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 26.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,499 shares of the technology company’s stock after selling 5,299 shares during the […]
Vanguard Personalized Indexing Management LLC acquired a new stake in Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) in the first quarter, Holdings Channel reports. The institutional investor acquired 7,643 shares of the technology company’s stock, valued at approximately $413,000. Other institutional investors and hedge funds have also added to or reduced their stakes in the […]
Lumentum (NASDAQ:LITE – Free Report) had its target price trimmed by Stifel Nicolaus from $62.00 to $55.00 in a research report released on Friday, Marketbeat.com reports. The firm currently has a buy rating on the technology company’s stock. LITE has been the subject of a number of other reports. StockNews.com began coverage on Lumentum in […]
Return to year-on-year growth in Telecom & Datacom shipments expected in 2024
Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) has been given an average rating of “Hold” by the thirteen analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and six have issued a buy recommendation on the […]