Lumentum (NASDAQ:LITE) Insider Sells $431,070.00 in Stock

Lumentum Holdings Inc. (NASDAQ:LITE) insider Yuen Wupen sold 500 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $862.14, for a total transaction of $431,070.00. Following the completion of the sale, the insider owned 113,627 shares in the company, valued at approximately $97,962,381.78. This trade represents a 0.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 Thursday, September 10th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $961.44, for a total transaction of $480,720.00.
• On Tuesday, September 8th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $895.99, for a total transaction 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 transaction of $430,000.00.
• On Wednesday, September 2nd, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $864.49, for a total transaction of $432,245.00.
• On Monday, August 31st, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $895.00, for a total transaction of $447,500.00.
• On Friday, August 28th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $940.95, for a total transaction of $470,475.00.
• On Wednesday, August 26th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $882.15, for a total value of $441,075.00.
• On Monday, August 24th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $824.24, for a total value of $412,120.00.
• On Friday, August 21st, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $898.15, for a total value of $449,075.00.
• On Thursday, August 20th, Yuen Wupen sold 1,500 shares of Lumentum stock. The shares were sold at an average price of $827.82, for a total value of $1,241,730.00.

Lumentum Price Performance

LITE stock opened at $893.61 on Friday. The company has a current ratio of 1.68, a quick ratio of 1.40 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $80.16 billion, a PE ratio of -10.87 and a beta of 1.53. Lumentum Holdings Inc. has a 12-month low of $144.52 and a 12-month high of $1,085.68. The business’s fifty day moving average price is $840.78 and its 200 day moving average price is $833.27.

Lumentum (NASDAQ:LITE) last announced its earnings results on Tuesday, August 11th. The technology company reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $2.97 by $0.26. The company 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%.Lumentum’s revenue for the quarter was up 109.3% on a year-over-year basis. During the same period last year, the business posted $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. On average, sell-side analysts anticipate that Lumentum Holdings Inc. will post 19.78 EPS for the current year.

Key Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI networking demand remains the primary catalyst. Lumentum supplies lasers, photonic integrated circuits and optical subsystems that help data centers connect increasingly powerful AI chips. The shift from copper to 800G and 1.6T optical connections is creating a potentially multiyear growth opportunity. Laser Focus: 2 Optical Stocks Lighting Up AI
• Positive Sentiment: Recent financial results exceeded expectations. Lumentum reported quarterly revenue of about $1.01 billion, up 109.3% year over year, and adjusted EPS of $3.23 versus the $2.97 consensus estimate. Management’s next-quarter revenue guidance of $1.225 billion to $1.275 billion also exceeded Wall Street expectations. Lumentum’s 680% Run Created a New Portfolio Problem
• Positive Sentiment: Sector momentum and analyst support have helped the stock advance. Optical-networking shares rebounded after an AI-related selloff, while Lumentum’s consensus rating remains “Moderate Buy,” with an average price target of approximately $1,054. Nvidia’s reported investment and purchase commitment for Lumentum’s advanced laser components further reinforce the strategic importance of its products. Lumentum stock rises as Wall Street bets on AI optical networks
• Neutral Sentiment: Investors are reassessing position size after a major rally. One analysis notes that a position initially representing 5% of a portfolio could grow to roughly 29% after a 680% gain, increasing exposure to any earnings, customer, supply-chain or AI-spending disappointment. Lumentum Stock Is Up Nearly 10% This Week
• Negative Sentiment: Valuation and insider selling remain overhangs. Lumentum trades at a demanding valuation after its sharp advance, leaving limited room for execution setbacks. Director Yuen Wupen sold 500 shares under a pre-arranged Rule 10b5-1 plan and has made several similar sales; the transactions are small relative to his remaining holdings but may add caution for investors.

Institutional Investors Weigh In On Lumentum

Large investors have recently modified their holdings of the company. Sequoia Financial Advisors LLC raised its position in shares of Lumentum by 36.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,272 shares of the technology company’s stock worth $1,950,000 after acquiring an additional 612 shares in the last quarter. Van Hulzen Asset Management LLC acquired a new position in Lumentum in the second quarter valued at approximately $644,000. Arlington Capital Management Inc. boosted its holdings in Lumentum by 196.3% in the second quarter. Arlington Capital Management Inc. now owns 883 shares of the technology company’s stock valued at $758,000 after purchasing an additional 585 shares in the last quarter. Gemmer Asset Management LLC purchased a new position in Lumentum in the second quarter valued at approximately $1,517,000. Finally, National Pension Service increased its stake in Lumentum by 2,501.2% in the second quarter. National Pension Service now owns 104,049 shares of the technology company’s stock valued at $89,280,000 after purchasing an additional 100,049 shares during the last quarter. 94.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LITE has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Lumentum in a report on Monday, August 31st. They set a “buy” rating and a $1,200.00 target price on the stock. UBS Group set a $820.00 price target on shares of Lumentum in a research note on Wednesday, August 12th. Evercore began coverage on Lumentum in a research report on Monday, August 31st. They set an “outperform” rating and a $1,100.00 price objective on the stock. Wolfe Research reiterated an “outperform” rating on shares of Lumentum in a research note on Friday, August 21st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $1,040.00 target price on shares of Lumentum in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Lumentum presently has a consensus rating of “Moderate Buy” and an average target price of $1,053.83.

Lumentum Company Profile

Lumentum Holdings Inc (NASDAQ: LITE) designs and manufactures optical and photonic products used to transmit, process and control light. Its portfolio includes optical components, modules, subsystems, lasers and photonic integrated circuits that support communications networks, data centers, cloud infrastructure and industrial applications.

The company also supplies technologies for consumer electronics and 3D sensing, including laser-based products used in applications such as depth sensing and facial recognition.