<div id="readability-page-1"><p>Thompson Investment Management Inc. lessened its stake in  Lumentum Holdings Inc. (NASDAQ:LITE - Free Report) by 20.5% during the 3rd quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The firm owned 61,496 shares of the technology company's stock after selling 15,861 shares during the period. Lumentum accounts for about  1.3% of Thompson Investment Management Inc.'s holdings, making the stock its 23rd biggest position. Thompson Investment Management Inc. owned approximately 0.09% of Lumentum worth $10,006,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>3 Data Center Stocks Are Soaring—Analysts Think 1 Could Go Higher</li></ul><p>Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new position in shares of  Lumentum in the 2nd quarter valued at approximately $38,000.  MAI Capital Management lifted its holdings in shares of  Lumentum by 27.0% during the second quarter. MAI Capital Management now owns 452 shares of the technology company's stock worth $43,000 after purchasing an additional 96 shares during the period.  Farther Finance Advisors LLC grew its position in  Lumentum by 20.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 695 shares of the technology company's stock valued at $113,000 after buying an additional 119 shares during the last quarter.  Hantz Financial Services Inc. grew its position in  Lumentum by 224.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 704 shares of the technology company's stock valued at $67,000 after buying an additional 487 shares during the last quarter.  Finally, Allworth Financial LP increased its stake in  Lumentum by 121.3% in the 2nd quarter. Allworth Financial LP now owns 737 shares of the technology company's stock valued at $70,000 after buying an additional 404 shares during the period. 94.05% of the stock is owned by hedge funds and other institutional investors. </p><h2>Insider Activity</h2><p>In other news, SVP Jae Kim sold 170 shares of the business's stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $246.00, for a total value of $41,820.00. Following the completion of the transaction, the senior vice president owned 38,400 shares of the company's stock, valued at $9,446,400. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Isaac Hosojiro Harris sold 7,200 shares of the firm's stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $243.32, for a total transaction of $1,751,904.00. Following the sale, the director owned 9,764 shares in the company, valued at approximately $2,375,776.48. This trade represents a 42.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 28,612 shares of company stock worth $7,317,398 in the last quarter. Corporate insiders own  0.43% of the company's stock. </p><h2>Lumentum Trading Down 1.3%</h2><ul><li>Coherent gains from the AI chip boom</li></ul><p>Shares of LITE opened at $390.77 on Friday. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.37 and a quick ratio of 1.02. Lumentum Holdings Inc. has a 1-year low of $45.65 and a 1-year high of $401.60. The stock has a market cap of $27.71 billion, a price-to-earnings ratio of 262.26 and a beta of 1.53. The firm has a 50 day simple moving average of $278.69 and a 200-day simple moving average of $178.21. </p><p>Lumentum (NASDAQ:LITE - Get Free Report) last announced its earnings results on Tuesday, November 4th. The technology company reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.07. Lumentum had a return on equity of 4.62% and a net margin of 6.11%.The firm had revenue of $533.80 million for the quarter, compared to analysts' expectations of $525.10 million. During the same quarter in the prior year, the firm earned $0.18 EPS. Lumentum's quarterly revenue was up 58.4% on a year-over-year basis. Lumentum has set its Q2 2026 guidance at 1.300-1.500 EPS.  Equities analysts forecast that  Lumentum Holdings Inc. will post 0.03 EPS for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><ul><li>Lumentum Lights Up on the AI and ML Surge</li></ul><p>Several analysts have recently commented on LITE shares. Zacks Research upgraded shares of Lumentum from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research note on Tuesday, December 2nd. Mizuho boosted their target price on Lumentum to $325.00 and gave the stock an &#34;outperform&#34; rating in a research report on Tuesday, November 25th. Susquehanna raised their price target on Lumentum from $140.00 to $190.00 and gave the company a &#34;positive&#34; rating in a report on Wednesday, October 22nd. B. Riley lifted their price target on Lumentum from $83.00 to $147.00 and gave the company a &#34;neutral&#34; rating in a research note on Wednesday, November 5th. Finally, Wolfe Research  reiterated an &#34;outperform&#34; rating and issued a $240.00 price objective on shares of Lumentum in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued  a Hold rating to the stock. Based on data from MarketBeat, Lumentum  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $222.13.</p><p><b>Get Our Latest Stock Analysis on LITE</b></p><h2>Lumentum Profile</h2> (Free Report)<p>Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.  </p><p>Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.</p><h2>See Also</h2><ul><li>Five stocks we like better than Lumentum</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>ALERT: Drop these 5 stocks before January 2026!</li><li>The $650 Million Bet on AI's Future</li><li>Nvidia x 1,000,000</li><li>GOLD ALERT</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TElURQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TElURQ"/></p><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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lumentum Right Now?</h2><p>Before you consider Lumentum, 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 Lumentum wasn't on the list.</p><p>While Lumentum currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

LITE

<p>Thompson Investment Management Inc. reduced its stake in Lumentum Holdings Inc. by 20.5% in the 3rd quarter, selling 15,861 shares. Lumentum now represents 1.3% of Thompson's holdings. Other institutional investors also adjusted their positions. Insider activity included sales by SVP Jae Kim and Director Isaac Hosojiro Harris. Lumentum's stock opened at $390.77 on Friday. The company reported strong earnings and revenue growth, with analysts upgrading their ratings and target prices.</p>

Lumentum Holdings Inc. $LITE Shares Sold by Thompson Investment Management Inc.