Sanders Morris Harris LLC Takes Position in Lumentum Holdings Inc. $LITE
Sanders Morris Harris LLC acquired 6,233 shares of Lumentum Holdings Inc. during Q3, valued at $1,014,000. Other hedge funds also increased their positions. Lumentum's stock performance is strong, with a market cap of $22.42 billion and a recent earnings beat. Analysts have upgraded the stock, citing growth from AI and ML trends. Insiders sold shares worth $7.3 million recently.