Yuen Wupen Sells 822 Shares of Lumentum (NASDAQ:LITE) Stock

Lumentum Holdings Inc. (NASDAQ:LITE) insider Yuen Wupen sold 822 shares of Lumentum stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $258.96, for a total value of $212,865.12. Following the sale, the insider owned 95,077 shares of the company’s stock, valued at approximately $24,621,139.92. This represents a 0.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Monday, November 17th, Yuen Wupen sold 821 shares of Lumentum stock. The shares were sold at an average price of $234.14, for a total transaction of $192,228.94.
• On Wednesday, August 27th, Yuen Wupen sold 3,281 shares of Lumentum stock. The stock was sold at an average price of $124.86, for a total transaction of $409,665.66.
• On Monday, August 25th, Yuen Wupen sold 3,282 shares of Lumentum stock. The stock was sold at an average price of $119.25, for a total transaction of $391,378.50.

Lumentum Stock Performance

Shares of LITE opened at $255.59 on Friday. The company has a debt-to-equity ratio of 2.77, a quick ratio of 1.02 and a current ratio of 1.37. The company has a market capitalization of $18.12 billion, a price-to-earnings ratio of 171.54 and a beta of 1.48. The company’s 50 day simple moving average is $189.56 and its 200 day simple moving average is $131.89. Lumentum Holdings Inc. has a 1 year low of $45.65 and a 1 year high of $282.66.

Lumentum (NASDAQ:LITE) last released its earnings results on Tuesday, November 4th. The technology company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.03 by $0.07. Lumentum had a net margin of 6.11% and a return on equity of 4.62%. The firm had revenue of $533.80 million during the quarter, compared to analysts’ expectations of $525.10 million. During the same period in the previous year, the company earned $0.18 EPS. Lumentum’s revenue for the quarter was up 58.4% on a year-over-year basis. Lumentum has set its Q2 2026 guidance at 1.300-1.500 EPS. On average, sell-side analysts predict that Lumentum Holdings Inc. will post 0.03 EPS for the current year.

Institutional Investors Weigh In On Lumentum

Institutional investors have recently bought and sold shares of the business. CIBC Bancorp USA Inc. acquired a new stake in shares of Lumentum in the third quarter worth $377,000. WBI Investments LLC purchased a new stake in Lumentum during the 3rd quarter worth $453,000. Danske Bank A S acquired a new stake in Lumentum in the 3rd quarter valued at $33,000. Dorsey Wright & Associates purchased a new position in Lumentum in the third quarter valued at about $2,304,000. Finally, Oberweis Asset Management Inc. lifted its stake in shares of Lumentum by 22.1% during the third quarter. Oberweis Asset Management Inc. now owns 328,630 shares of the technology company’s stock worth $53,471,000 after purchasing an additional 59,580 shares in the last quarter. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on LITE. Rosenblatt Securities increased their target price on Lumentum to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Wall Street Zen lowered shares of Lumentum from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Susquehanna raised their target price on shares of Lumentum from $140.00 to $190.00 and gave the stock a “positive” rating in a research report on Wednesday, October 22nd. KGI Securities initiated coverage on shares of Lumentum in a research report on Monday, August 18th. They set an “outperform” rating for the company. Finally, Northland Securities set a $250.00 price target on shares of Lumentum in a research note on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $196.88.

Lumentum Company Profile

Lumentum Holdings Inc manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables.