Lanark Financial 13F: Adds $1M to Lumentum (LITE) Stake

On October 26, 2026, Lanark Financial boosted its position in Lumentum Holdings Inc. (LITE) by 1,081 shares, bringing its total ownership to 4,458 shares valued at approximately $4.4 million. This information comes from the fund's latest Form 13F filing with the SEC.

Lanark Financial's reported value for its stake in Lumentum is now $4,329,877, which accounts for 1.58% of its total 13F portfolio. The fund ranks 17th among its 2,480 positions, reflecting the growing importance of Lumentum within its investment strategy.

LITE Lumentum Holdings Inc.

$818.10 ▲ +111.88% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Other Institutional Activity in Lumentum

Mutual of America Capital Management added 1,972 shares, increasing its total to 13,275 shares worth about $12.9 million. On the other hand, Beese Fulmer Investment Management reduced its holdings by 1,468 shares, now holding 2,724 shares valued at about $2.6 million. SBI Securities significantly boosted its stake by 8,746 shares, totaling 15,500 shares worth approximately $15.1 million.

Lumentum Holdings Inc. Stock Up 8.2%

Lumentum shares recently traded around $818.54, which is about equal to its closing price of $818.10 on October 26, 2026. The stock is currently below its 50-day moving average by about 11.3% but remains above its 200-day average by 3.6%. Over the past year, the stock has seen a high of $1,143.00 and a low of $184.20.

Recent Earnings

Lumentum reported trailing twelve-month revenue of approximately $3.01 billion, with a year-over-year revenue growth of 109.3%. However, the company has struggled with negative earnings, showing an EPS of -$92.96. The next earnings report is expected on November 5, 2026.

Insider Buying and Selling at Lumentum Holdings Inc.

Insider activity at Lumentum has included several sales by Officer Yuen Wupen, who sold 1,500 shares on September 10, 15, and 23, and another 807 shares on September 29. The total value of these transactions amounted to about $4.1 million.

Analysts Set New Price Targets

On October 26, 2026, StoneX initiated coverage of Lumentum with a buy rating and a price target of $1,200. Earlier, Jefferies maintained its buy rating with a target of $1,250 on October 21. The consensus among analysts is a buy rating with a mean price target of $1,166.28, based on 28 opinions.

About Lumentum Holdings Inc.

Lumentum Holdings Inc. manufactures and sells optical and photonic products globally, including semiconductor laser chips and industrial lasers. This boost in Lanark Financial's position highlights the fund's confidence in Lumentum's future growth potential amidst a dynamic technology sector.

Bottom Line

Investors should keep an eye on Lumentum's upcoming earnings report on November 5, 2026, as well as any further changes in institutional holdings. Lanark Financial's recent increase in shares reflects a strategic move in a competitive market.