lumentum (nasdaq: lite) is a market-leading manufacturer of innovative optical and photonic products enabling optical networking and commercial laser customers worldwide. lumentum’s optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. lumentum’s commercial lasers enable advanced manufacturing techniques and diverse applications including next-generation 3d sensing capabilities. lumentum is headquartered in milpitas, california with r&d, manufacturing, and sales offices worldwide. for more information, visit www.lumentum.com.
Company profile
Ticker
LITE
Exchange
Website
CEO
Alan Lowe
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
LumentumRadiant GmbH • Lumentum Inc. • Lumentum Designs LLC • Lumentum Operations LLC • Lumentum Italy Inc. • Lumentum Fiber Optics, Inc. • Lumentum Optics Inc. • Lumentum Systems LP • NeoPhotonics Corporation • NeoPhotonics Laser Devices, Inc. ...
LITE stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
26 Feb 24
S-8
Registration of securities for employees
9 Feb 24
10-Q
2024 Q2
Quarterly report
8 Feb 24
8-K
Lumentum Announces Fiscal Second Quarter 2024 Financial Results
8 Feb 24
8-K/A
Financial Statements and Exhibits
17 Jan 24
S-8
Registration of securities for employees
1 Dec 23
8-K
Departure of Directors or Certain Officers
20 Nov 23
10-Q
2024 Q1
Quarterly report
8 Nov 23
DEF 14A
Definitive proxy
8 Nov 23
8-K
Lumentum Announces Fiscal First Quarter 2024 Financial Results
8 Nov 23
Transcripts
LITE
Earnings call transcript
2024 Q2
8 Feb 24
LITE
Earnings call transcript
2024 Q1
8 Nov 23
LITE
Earnings call transcript
2023 Q4
17 Aug 23
LITE
Earnings call transcript
2023 Q3
9 May 23
LITE
Earnings call transcript
2023 Q2
9 Feb 23
LITE
Earnings call transcript
2023 Q1
8 Nov 22
LITE
Earnings call transcript
2022 Q4
16 Aug 22
LITE
Earnings call transcript
2022 Q3
4 May 22
LITE
Earnings call transcript
2022 Q2
3 Feb 22
LITE
Earnings call transcript
2022 Q1
4 Nov 21
Latest ownership filings
4
Yuen Wupen
20 Feb 24
4
Matthew Joseph Sepe
20 Feb 24
4
Vincent Retort
20 Feb 24
4
ALAN S LOWE
20 Feb 24
4
Judy G Hamel
20 Feb 24
4
Wajid Ali
20 Feb 24
144
Notice of proposed sale of securities
15 Feb 24
SC 13G/A
ALLIANCEBERNSTEIN L.P.
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G
Invesco Ltd.
12 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jul 23 | Apr 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Jul 23 | Jul 22 | Jul 21 | Jun 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 861.60 mm | 861.60 mm | 861.60 mm | 861.60 mm | 861.60 mm | 861.60 mm |
Cash burn (monthly) | (no burn) | (no burn) | 26.93 mm | 17.50 mm | 766.67 k | (no burn) |
Cash used (since last report) | n/a | n/a | 184.23 mm | 119.70 mm | 5.24 mm | n/a |
Cash remaining | n/a | n/a | 677.37 mm | 741.90 mm | 856.36 mm | n/a |
Runway (months of cash) | n/a | n/a | 25.2 | 42.4 | 1117.0 | n/a |
Institutional ownership, Q3 2023
99.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 361 |
Opened positions | 361 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 3.01 tn |
Total shares | 67.10 mm |
Total puts | 2.22 mm |
Total calls | 1.11 mm |
Total put/call ratio | 2.0 |
Largest owners | Shares | Value |
---|---|---|
FMR | 9.25 mm | $418.02 bn |
Vanguard | 6.75 mm | $305.15 bn |
BLK Blackrock | 6.10 mm | $275.76 bn |
IVZ Invesco | 3.07 mm | $138.82 bn |
AMP Ameriprise Financial | 2.83 mm | $127.87 bn |
Alliancebernstein | 2.46 mm | $111.14 bn |
STT State Street | 1.97 mm | $88.92 bn |
Capital Research Global Investors | 1.93 mm | $87.25 bn |
Earnest Partners | 1.62 mm | $73.40 bn |
Alyeska Investment | 1.59 mm | $71.69 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Feb 24 | Ali Wajid | Common Stock | Payment of exercise | Dispose F | No | No | 49.19 | 1,808 | 88.94 k | 61,933 |
15 Feb 24 | Lowe Alan S | Common Stock | Payment of exercise | Dispose F | No | No | 49.19 | 4,841 | 238.13 k | 230,131 |
15 Feb 24 | Hamel Judy G | Common Stock | Payment of exercise | Dispose F | No | No | 49.19 | 1,065 | 52.39 k | 51,259 |
15 Feb 24 | Wupen Yuen | Common Stock | Payment of exercise | Dispose F | No | No | 49.19 | 209 | 10.28 k | 10,967 |
15 Feb 24 | Sepe Matthew Joseph | Common Stock | Sell | Dispose S | No | No | 49.2334 | 9,903 | 487.56 k | 33,188 |
15 Feb 24 | Sepe Matthew Joseph | Common Stock | Payment of exercise | Dispose F | No | No | 49.19 | 690 | 33.94 k | 43,091 |
News
Nvidia Stock Trades At 13% Discount To Long-Term Average, Other AI Stocks At 52% Premium
11 Apr 24
JP Morgan Maintains Overweight on Lumentum Holdings, Lowers Price Target to $57
11 Apr 24
How Is The Market Feeling About Lumentum Holdings?
5 Apr 24
Expert Ratings For Lumentum Holdings
1 Apr 24
Raymond James Maintains Outperform on Lumentum Holdings, Raises Price Target to $58
1 Apr 24
Press releases
Lumentum Enhances Performance in 800ZR+ Transceivers for Broader Applications
26 Mar 24
Lumentum Unveils Breakthrough Innovations and Demonstrations at OFC 2024
25 Mar 24
Lumentum Thought Leaders to Present on Leading Edge Innovations and the Role of Photonics in AI Data Centers at OFC 2024
22 Mar 24
Lumentum Appoints Jae Kim as Senior Vice President, General Counsel and Secretary
4 Mar 24
Lumentum Recognized in Three Optical Communications Product Categories at 2024 Lightwave Innovation Reviews
22 Feb 24