Bank of New York Mellon Corp significantly reduced its stake in Luminar Technologies, selling 761,980 shares and holding just 59,301 shares by the end of the fourth quarter. Despite a Hold rating from analysts, several large investors, including Geode Capital Management and State Street Corp, increased their positions in the company. Luminar Technologies, which specializes in sensor technologies for autonomous vehicles, has seen its stock fluctuate between a low of $4.48 and a high of $34.80 over the past year.