Lumentum Holdings Inc.
At today's price, Lumentum Holdings Inc. (LITE) is priced for today's economics sustained for ~30.2 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Lumentum makes the optical components that move data inside AI data centers, and the 10-K positions it in ⟦"high-capacity fiber optic links in cloud data center, AI/ML, enterprise and communications services networking applications"⟧, the exact bottleneck the AI build-out is straining. • The defining risk is the price: at roughly 337 times company-wide operating income no standard valuation method comes close, so the stock is a pure bet on the AI optical ramp continuing for years, not a value
Is LITE overvalued? See what's priced in →
1,047 institutional managers reported holding LITE in 13F filings for the quarter ended 2026-03-31. Together they hold about 77% of the company; the top 10 hold 38%. 397 opened new positions that quarter. Held by Vanguard Group, BlackRock, FMR (Fidelity), among others. On the short side, 9.3M shares were sold short as of the 2026-06-15 count, about 10% of shares outstanding (1.5 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
LITE has cut its share count 4.4% over the past five years, spending $719.50M on repurchases. It pays no dividend.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at LITE over the trailing three years. Absence is a fact about the company, not a signal. 17 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
LITE's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-05-10 | -7.0% | +22.3% |
| 2023-08-24 | +2.5% | -30.7% |
| 2023-11-09 | -6.0% | +30.2% |
| 2024-02-09 | -14.6% | -13.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
LITE's latest 8-K filings: 2026-06-01 (items 3.02); 2026-05-05 (items 2.02, 9.01); 2026-04-08 (items 3.02); 2026-03-02 (items 3.02, 5.03, 7.01, 9.01); 2026-02-03 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.