Lumentum (NASDAQ:LITE) Insider Sells $474,250.00 in Stock

Lumentum Holdings Inc. (NASDAQ:LITE) insider Yuen Wupen sold 500 shares of the business’s stock in a transaction on Monday, September 28th. The shares were sold at an average price of $948.50, for a total transaction of $474,250.00. Following the sale, the insider directly owned 108,627 shares of the company’s stock, valued at $103,032,709.50. This represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Yuen Wupen also recently made the following trade(s):

• On Tuesday, September 29th, Yuen Wupen sold 307 shares of Lumentum stock. The stock was sold at an average price of $945.00, for a total transaction of $290,115.00.
• On Friday, September 25th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $935.75, for a total transaction of $467,875.00.
• On Wednesday, September 23rd, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $946.56, for a total transaction of $473,280.00.
• On Monday, September 21st, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $959.27, for a total transaction of $479,635.00.
• On Friday, September 18th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $920.00, for a total transaction of $460,000.00.
• On Wednesday, September 16th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $856.83, for a total transaction of $428,415.00.
• On Monday, September 14th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $862.14, for a total transaction of $431,070.00.
• On Thursday, September 10th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $961.44, for a total value of $480,720.00.
• On Tuesday, September 8th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $895.99, for a total value of $447,995.00.
• On Friday, September 4th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $860.00, for a total value of $430,000.00.

Lumentum Trading Up 3.8%

LITE opened at $1,085.42 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.68 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $881.39 and its two-hundred day moving average is $855.73. The company has a market capitalization of $97.36 billion, a P/E ratio of -13.20 and a beta of 1.53. Lumentum Holdings Inc. has a 52 week low of $147.81 and a 52 week high of $1,091.61.

Lumentum (NASDAQ:LITE) last issued its earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.26. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $987.70 million. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.The business’s revenue for the quarter was up 109.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Analysts forecast that Lumentum Holdings Inc. will post 19.78 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. TD Cowen raised their target price on shares of Lumentum from $800.00 to $820.00 and gave the company a “hold” rating in a research report on Wednesday, August 12th. UBS Group set a $820.00 price target on shares of Lumentum in a research report on Wednesday, August 12th. Evercore started coverage on shares of Lumentum in a research note on Monday, August 31st. They set an “outperform” rating and a $1,100.00 price objective on the stock. Zacks Research raised shares of Lumentum from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $1,040.00 price objective on shares of Lumentum in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,073.25.

Key Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Sanford C. Bernstein initiated coverage with an “outperform” rating and a $1,220 price target, citing Lumentum’s exposure to high-growth optical networking and AI infrastructure. Bernstein initiates coverage
• Positive Sentiment: Investors are also focusing on reports of NVIDIA’s approximately $2 billion commitment to expand Lumentum’s capacity and support joint development of data-center optics. The arrangement could improve revenue visibility as AI clusters require faster optical connections. NVIDIA AI infrastructure article
• Positive Sentiment: Market coverage has identified Lumentum as a potential “structural winner” from the shift toward optical networking in AI data centers. The company’s photonics products may benefit from rising data traffic, inference workloads and demand for high-speed connectivity. AI structural winners article
• Positive Sentiment: A Zacks analysis describes Lumentum as a strong growth stock, supporting the broader momentum narrative. Its latest reported quarter also showed revenue up 109.3% year over year, with EPS exceeding analyst expectations and fiscal first-quarter 2027 guidance of $4.05 to $4.35. Zacks growth stock analysis
• Neutral Sentiment: Seeking Alpha characterized LITE as a speculative buy, forecasting substantial future EPS growth but warning that the current valuation requires sustained revenue growth, margin expansion and strong execution. Lumentum AI network analysis
• Negative Sentiment: CFO Wajid Ali sold 24,542 shares worth approximately $25.7 million, reducing his direct stake by 24.64%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal. Other insider sales by Yuen Wupen were considerably smaller relative to his remaining holdings. Lumentum CFO SEC filing

Institutional Investors Weigh In On Lumentum

A number of hedge funds and other institutional investors have recently bought and sold shares of LITE. CYBER HORNET ETFs LLC boosted its holdings in Lumentum by 7.2% in the second quarter. CYBER HORNET ETFs LLC now owns 209 shares of the technology company’s stock worth $179,000 after acquiring an additional 14 shares in the last quarter. Hilltop National Bank grew its stake in shares of Lumentum by 26.8% during the second quarter. Hilltop National Bank now owns 71 shares of the technology company’s stock worth $61,000 after acquiring an additional 15 shares during the last quarter. Sachetta LLC increased its holdings in shares of Lumentum by 118.8% during the first quarter. Sachetta LLC now owns 35 shares of the technology company’s stock valued at $25,000 after acquiring an additional 19 shares in the last quarter. Toth Financial Advisory Corp increased its holdings in shares of Lumentum by 127.3% during the second quarter. Toth Financial Advisory Corp now owns 50 shares of the technology company’s stock valued at $43,000 after acquiring an additional 28 shares in the last quarter. Finally, Burkett Financial Services LLC purchased a new position in shares of Lumentum in the 3rd quarter valued at approximately $28,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.

About Lumentum

Lumentum Holdings Inc is a photonics and optical technology company that develops and manufactures products used to transmit, process and manage light. Its solutions support communications networks, data centers, cloud computing infrastructure, industrial applications, and other technology markets that rely on high-speed optical connectivity and precision lasers.

The company’s product portfolio includes optical components and modules for telecommunications and networking, lasers and laser systems, optical amplifiers, wavelength-management products, and photonic subsystems.