Key Points
- CEO Kathleen Johnson purchased 78,685 shares at $6.35 each for a total of $499,649.75, raising her stake to 8,562,582 shares (about a 0.93% increase), an insider buy that signals management confidence.
- Lumen beat Q4 EPS expectations ($0.23 vs. Street -$0.21) with $3.04B in revenue (down ~8.7% YoY), but still reports negative net margin and ROE, while analysts remain mixed with an average "Hold" rating and a $6.88 target.
Lumen Technologies, Inc. (NYSE:LUMN - Get Free Report) CEO Kathleen Johnson purchased 78,685 shares of the firm's stock in a transaction on Thursday, February 5th. The shares were purchased at an average cost of $6.35 per share, with a total value of $499,649.75. Following the completion of the purchase, the chief executive officer owned 8,562,582 shares in the company, valued at $54,372,395.70. This represents a 0.93% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Lumen Technologies Stock Performance
Lumen Technologies stock opened at $7.09 on Friday. The firm has a market cap of $7.28 billion, a price-to-earnings ratio of -4.05 and a beta of 1.51. Lumen Technologies, Inc. has a 1 year low of $3.01 and a 1 year high of $11.95. The firm's 50 day moving average price is $8.21 and its two-hundred day moving average price is $7.02.
Lumen Technologies (NYSE:LUMN - Get Free Report) last announced its earnings results on Tuesday, February 3rd. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.44. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.04 billion. Lumen Technologies had a negative net margin of 14.02% and a negative return on equity of 158.40%. The company's revenue was down 8.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.09 EPS. As a group, equities analysts predict that Lumen Technologies, Inc. will post -0.87 EPS for the current fiscal year.
Key Lumen Technologies News
Here are the key news stories impacting Lumen Technologies this week:
- Positive Sentiment: CEO Kathleen Johnson bought 78,685 shares at ~$6.35 on Feb. 5, a near 1% increase in her stake — an insider purchase that signals management confidence and likely helped early buying interest. SEC Filing
- Positive Sentiment: Q4 results: Lumen beat EPS expectations (reported positive EPS vs. street loss) and management highlighted large AI-driven fiber demand, including ~$13B in PCF deals — a strategic win that supports revenue upside from enterprise/network investments. Zacks Article
- Positive Sentiment: Lumen reported Q1 CY2026 sales topping estimates and reiterated the strategic pivot to enterprise and network investments on the earnings call, which supports a constructive medium‑term narrative. Globe and Mail
- Neutral Sentiment: J.P. Morgan moved LUMN to a "Hold" (market perform), reflecting cautious support rather than a strong buy and keeping analyst sentiment mixed. Globe and Mail
- Neutral Sentiment: UBS nudged its price target up from $5 to $6 and kept a neutral rating — a modest vote of confidence but little near-term conviction. Benzinga
- Neutral Sentiment: Goldman lifted its price target to $7.25 (neutral), another mixed analyst move that provides incremental support but not a strong upgrade. Benzinga
- Negative Sentiment: Citigroup cut its price target to $10 (still above current levels but a cut), signaling concern about near‑term catalysts and trimming expectations. American Banking News
- Negative Sentiment: Raymond James flagged growth hurdles and downgraded/expressed caution around Lumen’s ability to reaccelerate revenue, and shares have been pressured by year‑over‑year revenue declines (~9% in Q4). Yahoo Finance
- Negative Sentiment: Coverage pieces noted earlier sharp intraday declines (AAII story on a ~19.7% drop), reflecting volatility after mixed results and analyst churn. AAII
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on LUMN shares. The Goldman Sachs Group increased their target price on Lumen Technologies from $5.50 to $7.25 and gave the company a "neutral" rating in a research note on Wednesday. UBS Group upped their price target on Lumen Technologies from $5.00 to $6.00 and gave the stock a "neutral" rating in a report on Thursday. Citigroup lowered their price objective on shares of Lumen Technologies from $11.00 to $10.00 and set a "neutral" rating on the stock in a research note on Thursday. Weiss Ratings reiterated a "sell (d-)" rating on shares of Lumen Technologies in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Lumen Technologies from a "sell" rating to a "hold" rating in a research report on Sunday, November 9th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $6.88.
Check Out Our Latest Analysis on LUMN
Institutional Trading of Lumen Technologies
A number of hedge funds and other institutional investors have recently modified their holdings of LUMN. Bessemer Group Inc. lifted its stake in shares of Lumen Technologies by 15.5% during the third quarter. Bessemer Group Inc. now owns 7,209 shares of the technology company's stock valued at $43,000 after acquiring an additional 968 shares during the period. Fifth Third Bancorp raised its holdings in Lumen Technologies by 24.5% during the 3rd quarter. Fifth Third Bancorp now owns 5,343 shares of the technology company's stock worth $33,000 after purchasing an additional 1,051 shares during the last quarter. Crossmark Global Holdings Inc. lifted its position in Lumen Technologies by 2.0% during the 4th quarter. Crossmark Global Holdings Inc. now owns 61,599 shares of the technology company's stock valued at $479,000 after purchasing an additional 1,230 shares during the period. Xponance Inc. boosted its stake in shares of Lumen Technologies by 1.7% in the 3rd quarter. Xponance Inc. now owns 75,686 shares of the technology company's stock valued at $463,000 after purchasing an additional 1,273 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in shares of Lumen Technologies by 10.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 14,154 shares of the technology company's stock worth $87,000 after buying an additional 1,340 shares during the period. Institutional investors and hedge funds own 66.19% of the company's stock.
About Lumen Technologies
(
Get Free Report)
Lumen Technologies is a multinational technology company specializing in integrated network, edge cloud, security and collaboration services for enterprise and public sector clients. The company's core offerings include high-capacity fiber and IP-based connectivity, managed edge computing solutions designed to accelerate applications and data processing closer to end users, and cybersecurity services ranging from DDoS protection to unified threat management. Through its unified portfolio, Lumen enables organizations to support digital transformation initiatives, modernize infrastructure and enhance operational resilience.
Leveraging one of the largest fiber footprints in North America, as well as infrastructure in Latin America and parts of Europe, Lumen connects customers across more than 60 countries.
Further Reading
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