MarketBeat Earnings
Private Advisory Group LLC Invests $2.08 Million in Lumentum Holdings Inc. $LITE
Private Advisory Group LLC has invested $2.08 million in Lumentum Holdings Inc., acquiring 2,418 shares during the second quarter. This investment comes as Lumentum reports strong quarterly results, with EPS of $3.23 and revenue of $1.01 billion, driven by increasing AI data-center demand for optical components. Analysts maintain a "Moderate Buy" rating for the company, although valuation concerns …