SBI Securities 13F: Adds $8.5M to Lumentum (LITE) Stake

SBI Securities grew its stake in Lumentum Holdings Inc. LITE by 129.5% during the quarter, according to a Form 13F filing submitted to the SEC on October 22, 2026. The firm added 8,746 shares to lift its total holdings to 15,500 shares. The reported value of the position stood at $15,054,530. Lumentum closed at $750.01 on the day of the filing.

LITE Lumentum Holdings Inc.

$850.70 ▲ +120.33% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in SBI Securities's Lumentum Holdings Inc. Position

The institutional investor expanded its footprint in the optical and photonic product maker by more than doubling its prior holdings. Before this filing, SBI Securities held 6,754 shares of the company. The addition of 8,746 shares brought the total count to 15,500 shares.

Other Institutional Activity in Lumentum Holdings Inc.

Other major market participants adjusted their positions in the communication equipment maker around the same reporting period. Jupiter Topco LLC grew its holdings by 944,804 shares, ending with 1,889,608 shares worth about $1,417,215,457. Arrowstreet Capital, Limited Partnership raised its stake by 238.5%, adding 965,700 shares to hold 1,370,571 shares valued at approximately $1,027,935,109.

Lumentum Holdings Inc. Stock Down 2.3%

The stock recently traded around $804.00 as of October 22, 2026, which is up about 7.2% from its event close of $750.01. Shares have traded in a 52-week range between $152.54 and $1,143.00. The company carries a market capitalization of roughly $77.06 billion and a forward price-to-earnings ratio of 23.68.

Recent Earnings

For its trailing twelve-month period, Lumentum generated $3.01 billion in revenue, accompanied by a year-over-year revenue growth rate of 109.3%. The company posted negative earnings per share of $92.96 over the same timeframe, alongside a net profit margin of -230.1% and a return on equity of -240.0%. The company's next earnings report is scheduled for November 5, 2026.

Insider Buying and Selling at Lumentum Holdings Inc.

Company insiders also transacted in shares leading up to the filing. Officer Yuen Wupen made four separate sales during September 2026. On September 10, the insider sold 1,500 shares valued at $1,410,335. Another sale of 1,500 shares worth $1,324,030 occurred on September 15. On September 23, the insider disposed of 1,500 shares for $1,420,690, followed by a sale of 807 shares worth $764,365 on September 29.

Analysts Set New Price Targets

Wall Street firms updated their stances on Lumentum through September and October 2026. On September 28, Citigroup maintained its Buy rating while raising its price target to $1400.00 from $1200.00. Bernstein initiated coverage on September 30 with an Outperform rating and a $1220.00 price target. Rosenblatt maintained a Buy rating with a $1300.00 target on October 5. Stifel maintained a Buy rating and raised its target to $1232.00 from $1100.00 on October 5. Jefferies maintained its Buy rating and bumped its target to $1250.00 from $1200.00 on October 21. The stock currently holds a consensus recommendation rating of strong buy across 27 analysts, with a mean price target of $1,165.03.

About Lumentum Holdings Inc.

Based in San Jose, California, Lumentum designs and manufactures optical and photonic products used across telecommunications, enterprise, and industrial applications. Its offerings include semiconductor laser chips, wavelength management systems, optical circuit switches, and high-power industrial lasers. Institutional interest remains active as the company navigates demand cycles in optical networking.

Bottom Line

Investors will look toward Lumentum's upcoming earnings release on November 5, 2026, for updated metrics on revenue growth and profitability. Future institutional disclosures will show whether funds continue to accumulate shares at current market levels.