Amanah Holdings Trust 13F: Exits Lumentum (LITE) Stake

Amanah Holdings Trust closed out its position in Lumentum Holdings Inc. LITE, liquidating its entire stake during the recent period according to a Form 13F filing on October 23, 2026.

LITE Lumentum Holdings Inc.

$756.17 ▲ +95.84% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Amanah Holdings Trust's Lumentum Holdings Inc. Position

The trust completely sold out of Lumentum Holdings Inc. LITE, getting rid of all 135,000 shares it previously held. The full liquidation wiped out the position entirely, leaving a final share count of zero.

Other Institutional Activity in Lumentum Holdings Inc.

Other institutional investors also adjusted their positions in the communications equipment maker recently. Sendero Wealth Management grew its holdings by 2,484 shares, ending with 2,484 shares worth about $2,412,611. Generate Investment Management lifted its stake by 47,855 shares, bringing its total to 63,855 shares valued at about $62,019,807. Rokos Capital Management cut its holdings by 85,031 shares, leaving it with 115,593 shares worth about $99,863,681. Driehaus Capital Management reduced its stake by 112,053 shares to hold 228,995 shares valued at about $197,834,503. Oriental Harbor Investment Master Fund lowered its holdings by 16,318 shares, ending with 9,804 shares worth about $9,522,233.

Lumentum Holdings Inc. Stock Down 11.1%

Lumentum shares recently traded around $756.35 as of October 24, 2026, roughly equal to the close of $756.17 recorded on the filing date. The stock trades below its 50-day moving average of $927.72 and below its 200-day moving average of $786.23. The shares sit well below their 52-week high of $1,143.00 while holding well above their 52-week low of $157.40.

Recent Earnings

Lumentum reported trailing twelve month revenue of $3.01 billion and a negative basic earnings per share of $92.96. The company posted a net profit margin of negative 230.1% and a return on equity of negative 240.0%. Lumentum has scheduled its next financial update for November 5, 2026.

Insider Buying and Selling at Lumentum Holdings Inc.

President of Global Business Units Yuen Wupen executed several stock sales during September 2026. Wupen sold 500 shares on September 17 at an average price of $933.45 for a total value of $466,725 under a planned trading schedule. Wupen sold another 500 shares on September 18 at an average price of $920.00 for a total value of $460,000 under a planned schedule. Later, Wupen sold 1,500 shares on September 23 for a total value of $1,420,690, and disposed of 807 shares on September 29 for a total value of $764,365.

Analysts Set New Price Targets

Wall Street firms continue to update their views on the communications equipment provider. Citigroup maintained a buy rating on September 28 with a price target of $1,400.00. Bernstein initiated coverage on September 30 with an outperform rating and a $1,220.00 price target. Rosenblatt maintained a buy rating on October 5 with a $1,300.00 price target. Stifel maintained a buy rating on October 5 with a price target of $1,232.00. Jefferies maintained a buy rating on October 21 with a price target of $1,250.00. Overall, the stock carries a consensus buy rating from 27 analysts with a mean price target of $1,165.03.

About Lumentum Holdings Inc.

Headquartered in San Jose, California, Lumentum designs and manufactures optical and photonic products used across various technology sectors. The company builds semiconductor laser chips, optical modules, and industrial lasers that serve customers in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.

Bottom Line

Investors will look toward Lumentum's upcoming earnings release scheduled for November 5, 2026, for fresh details on the company's financial trajectory. Tracking future institutional filings will show whether other large funds follow Amanah Holdings Trust in reducing exposure to the stock.