LumentumLITE
LITE
$52.11
5.39%
Market Cap: $3.54B
0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 6 (+2) [Q2]
37% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 41
28% more call options, than puts
Call options by funds: $161M | Put options by funds: $126M
8% more capital invested
Capital invested by funds: $3.57B [Q1] → $3.86B (+$297M) [Q2]
4% more funds holding
Funds holding: 359 [Q1] → 374 (+15) [Q2]
0.5% more ownership
Funds ownership: 111.87% [Q1] → 112.37% (+0.5%) [Q2]
2% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 121
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$40
23%
downside
Avg. target
$59
13%
upside
High target
$70
34%
upside
11 analyst ratings
6 positive
55%
3 neutral
27%
2 negative
18%
Northland Capital Markets Tim Savageaux 40% 1-year accuracy 4 / 10 met price target | 14%downside $45 | Market Perform Maintained | 16 Aug 2024 |
B of A Securities Vivek Arya 44% 1-year accuracy 24 / 54 met price target | 4%downside $50 | Underperform Maintained | 15 Aug 2024 |
Jefferies George Notter 57% 1-year accuracy 4 / 7 met price target | 25%upside $65 | Buy Maintained | 15 Aug 2024 |
Craig-Hallum Richard Shannon 33% 1-year accuracy 10 / 30 met price target | 34%upside $70 | Buy Maintained | 15 Aug 2024 |
Morgan Stanley Meta Marshall 58% 1-year accuracy 11 / 19 met price target | 4%upside $54 | Equal-Weight Maintained | 15 Aug 2024 |
Financial journalist opinion
Based on 8 articles about LITE published over the past 30 days