Lumentum (NASDAQ:LITE) Insider Vincent Retort Sells 3,441 Shares of Stock

Lumentum Holdings Inc. (NASDAQ:LITE) insider Vincent Retort sold 3,441 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $545.78, for a total value of $1,878,028.98. Following the transaction, the insider directly owned 95,975 shares of the company’s stock, valued at approximately $52,381,235.50. This trade represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Vincent Retort also recently made the following trade(s):

• On Thursday, February 12th, Vincent Retort sold 45,026 shares of Lumentum stock. The stock was sold at an average price of $591.32, for a total value of $26,624,774.32.

Lumentum Price Performance

LITE opened at $594.26 on Thursday. The firm has a 50-day moving average price of $406.96 and a 200-day moving average price of $264.82. Lumentum Holdings Inc. has a twelve month low of $45.65 and a twelve month high of $616.52. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $42.43 billion, a price-to-earnings ratio of 182.29 and a beta of 1.51.

Lumentum (NASDAQ:LITE) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.41 by $0.26. The company had revenue of $665.50 million during the quarter, compared to the consensus estimate of $646.74 million. Lumentum had a net margin of 11.95% and a return on equity of 17.27%. Lumentum’s revenue for the quarter was up 65.5% on a year-over-year basis. During the same period last year, the firm earned $0.42 EPS. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. Equities analysts expect that Lumentum Holdings Inc. will post 0.03 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Susquehanna upped their price target on Lumentum to $550.00 and gave the company a “positive” rating in a research report on Wednesday, February 4th. Citigroup upped their target price on shares of Lumentum to $560.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Barclays raised their price target on shares of Lumentum to $475.00 and gave the company an “equal weight” rating in a report on Thursday, February 5th. Raymond James Financial cut shares of Lumentum from a “strong-buy” rating to an “outperform” rating and set a $220.00 price target on the stock. in a report on Friday, October 31st. Finally, B. Riley Financial raised Lumentum from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $147.00 to $526.00 in a research note on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Lumentum currently has an average rating of “Moderate Buy” and an average price target of $447.38.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in LITE. EverSource Wealth Advisors LLC boosted its holdings in shares of Lumentum by 363.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock worth $27,000 after purchasing an additional 131 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in Lumentum in the 4th quarter worth approximately $28,000. Truvestments Capital LLC boosted its stake in Lumentum by 300.0% in the fourth quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock worth $28,000 after buying an additional 57 shares in the last quarter. Triumph Capital Management bought a new position in Lumentum during the fourth quarter valued at approximately $30,000. Finally, Danske Bank A S purchased a new position in shares of Lumentum during the third quarter worth approximately $33,000. Institutional investors own 94.05% of the company’s stock.

Key Stories Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Mizuho raised its price target to $645 and maintained an “outperform” rating, signaling analyst conviction in further upside from current levels. Read More.
• Positive Sentiment: Seeking Alpha published a bullish thesis (“AI’s Hidden Bottleneck Winner”) arguing Lumentum is well-positioned as a critical supplier for AI infrastructure, citing strong demand, margin expansion and operating leverage as growth drivers. Read More.
• Positive Sentiment: News outlets reported Lumentum hitting a new 12‑month / all‑time high after analyst upgrades, which likely attracted momentum buying ahead of the pullback. Read More.
• Neutral Sentiment: Broader media coverage called out the stock’s recent highs and updated targets, increasing visibility but not adding new fundamental data. Read More.
• Negative Sentiment: Insider sale — Vincent Retort sold 3,441 shares at an average price of $545.78 (~$1.88M); his holdings fell ~3.46%. The Form 4 is filed with the SEC. Read More.
• Negative Sentiment: Insider sale — Yuen Wupen sold 3,157 shares at $538.00 (~$1.70M); holdings decreased ~3.45%. That transaction is also disclosed with the SEC. Read More.

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.