Yuen Wupen Sells 500 Shares of Lumentum (NASDAQ:LITE) Stock

Lumentum Holdings Inc. (NASDAQ:LITE) insider Yuen Wupen sold 500 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $860.00, for a total transaction of $430,000.00. Following the sale, the insider directly owned 116,127 shares of the company’s stock, valued at approximately $99,869,220. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 value 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 value 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 value 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 stock was sold at an average price of $827.82, for a total value of $1,241,730.00.

Lumentum Stock Up 4.0%

LITE stock opened at $881.26 on Friday. The business’s 50-day moving average price is $814.62 and its 200-day moving average price is $815.74. The stock has a market cap of $79.05 billion, a P/E ratio of -10.72 and a beta of 1.53. The company has a quick ratio of 1.40, a current ratio of 1.68 and a debt-to-equity ratio of 0.01. Lumentum Holdings Inc. has a twelve month low of $144.20 and a twelve month high of $1,085.68.

Lumentum (NASDAQ:LITE) last released its earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.97 by $0.26. Lumentum had a negative net margin of 230.15% and a positive return on equity of 26.34%. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $987.70 million. During the same period in the prior year, the firm posted $0.88 EPS. The firm’s quarterly revenue was up 109.3% compared to the same quarter last year. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. On average, equities research analysts forecast 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: Optical-photonics rally: Lumentum gained alongside Coherent and other optical-networking stocks as investors focused on rising demand for lasers and optical components used to connect high-performance AI chips. Optical-photonics stocks article
• Positive Sentiment: Favorable analyst coverage: Deutsche Bank initiated coverage with a Buy rating, while Evercore also began research coverage. New institutional coverage can improve visibility and support investor interest in LITE. Deutsche Bank coverage article Evercore coverage article
• Positive Sentiment: AI infrastructure fundamentals remain strong: Recent results showed approximately $1.01 billion in quarterly revenue, adjusted EPS of $3.23, and guidance for $1.225 billion–$1.275 billion in revenue. Nvidia’s investment and purchase commitment for Lumentum’s laser components further reinforce the AI-demand thesis.
• Neutral Sentiment: Portfolio concentration warning: One analysis said LITE’s roughly 680% advance can make it an outsized portfolio position. The article remained positive on the business but advised investors to reassess position sizing after the substantial rally. Lumentum portfolio concentration article
• Negative Sentiment: Valuation concerns: A Seeking Alpha analysis argued that Lumentum has become too expensive following its dramatic run, creating a potential headwind if growth or AI infrastructure spending fails to exceed already-high expectations. Lumentum valuation article
• Negative Sentiment: Insider selling: Yuen Wupen sold two separate blocks of 500 shares for a combined $862,245. Both trades were conducted under a pre-arranged Rule 10b5-1 plan and represented only 0.43% of the insider’s holdings, making the signal relatively limited.

Institutional Trading of Lumentum

Several hedge funds have recently bought and sold shares of the stock. Parkside Financial Bank & Trust grew its position in shares of Lumentum by 169.7% during the second quarter. Parkside Financial Bank & Trust now owns 205 shares of the technology company’s stock valued at $176,000 after purchasing an additional 129 shares in the last quarter. Corient Private Wealth LP lifted its position in shares of Lumentum by 108.4% in the second quarter. Corient Private Wealth LP now owns 10,318 shares of the technology company’s stock worth $8,853,000 after buying an additional 5,368 shares in the last quarter. Amundi boosted its stake in Lumentum by 188.7% during the second quarter. Amundi now owns 658,427 shares of the technology company’s stock valued at $564,970,000 after buying an additional 430,355 shares during the last quarter. Groupe la Francaise purchased a new position in Lumentum during the 2nd quarter valued at approximately $7,260,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Lumentum during the 2nd quarter valued at approximately $17,848,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on LITE shares. TD Cowen raised their price objective 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. Zacks Research raised shares of Lumentum from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,040.00 target price on shares of Lumentum in a report on Wednesday, August 12th. Citigroup reiterated a “buy” rating on shares of Lumentum in a research note on Wednesday, August 12th. Finally, Wolfe Research reissued an “outperform” rating on shares of Lumentum in a report on Friday, August 21st. One research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,053.83.

About Lumentum

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.