Granahan Investment Management Acquires Stake in Lumentum Holdings

Got story updates? Submit your updates here. ›

Granahan Investment Management LLC acquired a new position in Lumentum Holdings Inc. (NASDAQ:LITE) in the 3rd quarter, according to the company's recent 13F filing with the SEC. The fund purchased 32,881 shares of the technology company's stock, valued at approximately $5,350,000.

Why it matters

Lumentum is a leading provider of photonic technologies for high-speed optical communication networks and industrial applications. The acquisition by Granahan Investment Management, a prominent investment firm, suggests institutional confidence in Lumentum's growth potential and technology leadership.

The details

The 32,881 shares acquired by Granahan Investment Management represent a new position in Lumentum for the firm. The purchase was made during the third quarter of the year, according to the 13F filing. Lumentum is a technology company that designs and manufactures a range of lasers, optical modules, and subsystems for telecommunications, cloud data centers, and industrial applications.

• Granahan Investment Management acquired the new position in Lumentum during the 3rd quarter of 2026.