Dorsey Wright & Associates Acquires Stake in Lumentum Holdings

The institutional investor adds 14,162 shares of the technology company's stock valued at $2.3 million.

Mar. 18, 2026 at 9:36am

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Dorsey Wright & Associates, an institutional investor, acquired a new position in shares of Lumentum Holdings Inc. (NASDAQ:LITE) during the third quarter, according to a recent disclosure with the Securities & Exchange Commission. The investor purchased 14,162 shares of the technology company's stock, valued at approximately $2.3 million.

Why it matters

This investment by Dorsey Wright & Associates in Lumentum Holdings, a leading provider of photonic technologies for high-speed optical communication networks and industrial applications, suggests the institutional investor sees growth potential in the company's business and technology offerings.

The details

Lumentum Holdings is a major supplier of lasers, optical modules, and subsystems for telecommunications carriers, cloud data centers, and enterprise networking. The company's core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, and transceivers for long-haul, metro, and data center interconnects, as well as test and measurement instruments.

Dorsey Wright & Associates acquired the new position in Lumentum Holdings during the third quarter.

The players