Lumentum (NASDAQ:LITE) SVP Jae Kim Sells 12,000 Shares

Lumentum Holdings Inc. (NASDAQ:LITE) SVP Jae Kim sold 12,000 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $852.58, for a total transaction of $10,230,960.00. Following the sale, the senior vice president directly owned 37,804 shares in the company, valued at $32,230,934.32. This trade represents a 24.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jae Kim also recently made the following trade(s):

• On Thursday, August 20th, Jae Kim sold 1,904 shares of Lumentum stock. The shares were sold at an average price of $827.82, for a total transaction of $1,576,169.28.
• On Tuesday, August 18th, Jae Kim sold 1,366 shares of Lumentum stock. The stock was sold at an average price of $909.43, for a total value of $1,242,281.38.

Lumentum Price Performance

NASDAQ LITE traded up $17.11 during trading hours on Thursday, hitting $956.14. 4,117,128 shares of the company’s stock traded hands, compared to its average volume of 5,130,874. Lumentum Holdings Inc. has a 52-week low of $125.00 and a 52-week high of $1,085.68. The company has a market capitalization of $85.77 billion, a PE ratio of -11.63 and a beta of 1.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.68 and a quick ratio of 1.40. The firm’s 50-day moving average is $810.93 and its 200-day moving average is $804.45.

Lumentum (NASDAQ:LITE) last posted its quarterly earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share for the quarter, beating 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 negative net margin of 230.15% and a positive return on equity of 26.34%. The business’s revenue for the quarter was up 109.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Equities analysts forecast that Lumentum Holdings Inc. will post 19.76 EPS for the current fiscal year.

Key Stories Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI-optics enthusiasm remains the primary catalyst. Investors are buying Lumentum as demand grows for optical connectivity products used in AI data-center networks. Lumentum has recently outperformed some peer optoelectronics companies, reinforcing its status as a preferred AI infrastructure play. Lumentum Climbs 4% as the AI Optics Trade Extends a Second Session
• Positive Sentiment: Trading data pointed to strong buying pressure. A reported “Power Inflow” alert, based on institutional and retail order-flow activity, provided an additional technical signal supporting the recent advance. Lumentum Shares Rise Over 4% After Key Trading Signal
• Positive Sentiment: Fundamentals and analyst sentiment remain supportive. Lumentum’s latest quarterly results exceeded expectations, with revenue more than doubling year over year, and its next-quarter EPS guidance is strong. Analysts maintain a broadly favorable view, including recent price-target increases and a consensus “Moderate Buy” rating.
• Neutral Sentiment: Management commentary is being monitored. Lumentum presented at the Deutsche Bank 2026 Technology Conference, giving investors an opportunity to assess its outlook for AI-related optical products, capacity expansion and execution. The supplied transcript entry does not identify a specific new forecast or announcement. Lumentum Deutsche Bank Technology Conference Transcript
• Negative Sentiment: Insider selling creates a modest overhang. Yuen Wupen sold 500 shares on both August 24 and August 26, but each transaction represented only about 0.54% of the insider’s holdings and was executed under a pre-arranged Rule 10b5-1 plan. The sales therefore appear less significant than discretionary selling. SEC Insider Trading Filing
• Negative Sentiment: Competition and valuation remain risks. Cisco and NVIDIA are developing competing AI-connectivity solutions, potentially pressuring Lumentum’s pricing and margins. The stock’s sharp run also increases sensitivity to execution issues or disappointing growth.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on LITE. Rosenblatt Securities reiterated a “buy” rating and set a $1,300.00 price target on shares of Lumentum in a research note on Wednesday, August 12th. Raymond James Financial reissued an “outperform” rating and issued a $1,036.00 price objective on shares of Lumentum in a report on Wednesday, August 12th. Wolfe Research reiterated an “outperform” rating on shares of Lumentum in a research note on Friday, August 21st. TD Cowen lifted their price objective on shares of Lumentum from $800.00 to $820.00 and gave the company a “hold” rating in a research note on Wednesday, August 12th. Finally, Citigroup reiterated a “buy” rating on shares of Lumentum in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,044.67.

Hedge Funds Weigh In On Lumentum

Institutional investors have recently modified their holdings of the company. Corient Private Wealth LP increased its stake in Lumentum by 108.4% in the second quarter. Corient Private Wealth LP now owns 10,318 shares of the technology company’s stock valued at $8,853,000 after purchasing an additional 5,368 shares during the last quarter. Amundi raised its stake in Lumentum by 188.7% during the second quarter. Amundi now owns 658,427 shares of the technology company’s stock worth $564,970,000 after purchasing an additional 430,355 shares during the period. Groupe la Francaise acquired a new position in shares of Lumentum in the 2nd quarter valued at $7,260,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Lumentum during the 2nd quarter valued at $17,848,000. Finally, CYBER HORNET ETFs LLC increased its holdings in shares of Lumentum by 7.2% during the 2nd quarter. CYBER HORNET ETFs LLC now owns 209 shares of the technology company’s stock worth $179,000 after buying an additional 14 shares during the last quarter. Institutional investors and hedge funds own 94.05% of the company’s stock.

Lumentum Company Profile

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.