<div id="readability-page-1"><p>Lumen Technologies, Inc. (NYSE:LUMN - Get Free Report) was the recipient of some unusual options trading on Friday. Stock traders acquired 29,208 call options on the stock. Thisisanincreaseof114% compared to the average volume of 13,625 call options.</p><div><p><span></span><span>Get <strong>Lumen Technologies</strong> alerts:</span></p></div><h2>Institutional Inflows and Outflows</h2><ul><li>Lumen: Among Top Performers Last Month, Still Has Warning Signs</li></ul><p>A number of hedge funds have recently bought and sold shares of the company. Nisa Investment Advisors LLC boosted its stake in shares of  Lumen Technologies by 54.1% during the second quarter. Nisa Investment Advisors LLC now owns 40,444 shares of the technology company's stock valued at $177,000 after purchasing an additional 14,202 shares during the period.  Whipplewood Advisors LLC boosted its stake in shares of  Lumen Technologies by 243,540.0% during the second quarter. Whipplewood Advisors LLC now owns 12,182 shares of the technology company's stock valued at $53,000 after purchasing an additional 12,177 shares during the period.  State of New Jersey Common Pension Fund D boosted its stake in shares of  Lumen Technologies by 9.8% during the second quarter. State of New Jersey Common Pension Fund D now owns 490,480 shares of the technology company's stock valued at $2,148,000 after purchasing an additional 43,711 shares during the period.  Caitong International Asset Management Co. Ltd boosted its stake in shares of  Lumen Technologies by 3,527.9% during the second quarter. Caitong International Asset Management Co. Ltd now owns 6,639 shares of the technology company's stock valued at $29,000 after purchasing an additional 6,456 shares during the period.  Finally, First Citizens Bank &amp; Trust Co. boosted its stake in shares of  Lumen Technologies by 195.0% during the second quarter. First Citizens Bank &amp; Trust Co. now owns 132,726 shares of the technology company's stock valued at $581,000 after purchasing an additional 87,727 shares during the period. Institutional investors own  66.19% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several brokerages have issued reports on LUMN. BNP Paribas raised Lumen Technologies to a &#34;hold&#34; rating in a research report on Wednesday, June 25th. Raymond James Financial increased their price objective on shares of Lumen Technologies from $4.50 to $5.00 and gave the stock an &#34;outperform&#34; rating in a research note on Friday. Finally, Wall Street Zen lowered shares of Lumen Technologies from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research report on Saturday, July 26th. Three equities research analysts have rated the stock with a sell rating, seven have issued  a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company  has a consensus rating of &#34;Hold&#34; and a consensus target price of $4.64.</p><ul><li>3 Over-Hyped Stocks to Sell Now</li></ul><p><b>View Our Latest Analysis on Lumen Technologies</b></p><h2>Lumen Technologies Price Performance</h2><p>LUMN traded down $0.90 during trading hours on Friday, hitting $3.56. The company's stock had a trading volume of 21,253,892 shares, compared to its average volume of 12,019,979. The business's 50-day moving average price is $4.27 and its 200-day moving average price is $4.36. Lumen Technologies has a 12 month low of $2.51 and a 12 month high of $10.33. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of -11.47 and a beta of 1.39. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 59.98. </p><ul><li>Lumen's Q2: Can AI Revenue Outshine a Mountain of Debt?</li></ul><p>Lumen Technologies (NYSE:LUMN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The technology company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.21. Lumen Technologies had a negative net margin of 2.41% and a negative return on equity of 75.08%. The company had revenue of $3.09 billion for the quarter, compared to analysts' expectations of $3.11 billion. During the same quarter in the previous year, the business posted ($0.13) earnings per share. Lumen Technologies's quarterly revenue was down 5.4% on a year-over-year basis.  Sell-side analysts expect that  Lumen Technologies will post -0.87 earnings per share for the current fiscal year. </p><h2>About Lumen Technologies</h2> (Get Free Report)<p>Lumen Technologies, Inc, a facilities-based technology and communications company, provides various integrated products and services to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers dark fiber, edge cloud services, internet protocol, managed security, software-defined wide area networks, secure access service edge, unified communications and collaboration, and optical wavelengths services; ethernet and VPN data networks services; and legacy services to manage cash flow, including time division multiplexing voice, private line, and other legacy services, as well as sells communication equipment, and IT solutions.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Lumen Technologies</li><li>Best ESG Stocks: 11 Best Stocks for ESG Investing</li><li>Rocket Lab Reports Next Week: Here’s What Investors Should Know</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>Apple Stock: Big Earnings, Small Move—Time to Buy?</li><li>What is a Stock Market Index and How Do You Use Them?</li><li>Amazon's Earnings: What Comes Next and How to Play It</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lumen Technologies Right Now?</h2><p>Before you consider Lumen Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lumen Technologies wasn't on the list.</p><p>While Lumen Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

LUMN

<p>Lumen Technologies (NYSE:LUMN) experienced a significant increase in call options trading, with 29,208 options purchased, marking a 114% rise from the average daily volume. Institutional investors hold 66.19% of the stock, with notable increases in stakes from several hedge funds. Analysts have mixed ratings on LUMN, with a consensus rating of "Hold" and a target price of $4.64. The stock recently traded at $3.56, with a market cap of $3.65 billion. Lumen reported a Q2 EPS of ($0.03), exceeding estimates, but revenue declined 5.4% year-over-year.</p>

Stock Traders Buy High Volume of Lumen Technologies Call Options (NYSE:LUMN)