Lumentum (NASDAQ:LITE) Insider Sells 307 Shares of Stock

Lumentum Holdings Inc. (NASDAQ:LITE) insider Yuen Wupen sold 307 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $945.00, for a total transaction of $290,115.00. Following the completion of the transaction, the insider owned 108,320 shares in the company, valued at $102,362,400. This trade represents a 0.28% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 Monday, September 28th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $948.50, for a total transaction of $474,250.00.
• On Friday, September 25th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $935.75, for a total transaction of $467,875.00.
• On Wednesday, September 23rd, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $946.56, for a total transaction of $473,280.00.
• On Monday, September 21st, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $959.27, for a total transaction of $479,635.00.
• On Friday, September 18th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $920.00, for a total value of $460,000.00.
• On Wednesday, September 16th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $856.83, for a total value of $428,415.00.
• On Monday, September 14th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $862.14, for a total value of $431,070.00.
• On Thursday, September 10th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $961.44, for a total value of $480,720.00.
• On Tuesday, September 8th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $895.99, for a total value of $447,995.00.
• On Friday, September 4th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $860.00, for a total value of $430,000.00.

Lumentum Trading Down 0.2%

Shares of Lumentum stock traded down $2.23 on Wednesday, reaching $971.26. 3,995,497 shares of the company’s stock were exchanged, compared to its average volume of 4,390,465. The company has a market capitalization of $87.12 billion, a P/E ratio of -11.81 and a beta of 1.53. Lumentum Holdings Inc. has a 52 week low of $147.81 and a 52 week high of $1,085.68. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.40 and a current ratio of 1.68. The firm’s 50-day moving average is $870.70 and its two-hundred day moving average is $851.13.

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, beating analysts’ consensus estimates of $2.97 by $0.26. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $987.70 million. Lumentum had a negative net margin of 230.15% and a positive return on equity of 26.34%. Lumentum’s quarterly revenue was up 109.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Sell-side analysts predict that Lumentum Holdings Inc. will post 19.78 EPS for the current fiscal year.

Key Headlines Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Sanford C. Bernstein initiated coverage with an “outperform” rating and a $1,220 price target, implying approximately 25.6% upside from the referenced price. The bullish view reflects Lumentum’s exposure to high-growth optical networking and AI infrastructure. Bernstein coverage reference
• Positive Sentiment: Analysts highlight NVIDIA’s reported $2 billion commitment to expand Lumentum’s capacity and support joint development of data-center optics. The agreement provides stronger revenue visibility and a potential path to scale as AI clusters require faster chip-to-chip connections. NVIDIA AI safety spending article
• Positive Sentiment: Recent commentary describes Lumentum as a key beneficiary of the shift from copper to optical networking. AI inference, model testing and safety monitoring could increase data traffic across data centers, supporting demand for Lumentum’s photonics products. NVIDIA co-packaged optics article
• Neutral Sentiment: A bullish Seeking Alpha analysis estimates fiscal 2027 and 2028 EPS of $20.50 and $31, respectively, but labels LITE a speculative buy because its current multiples require sustained revenue growth, margin expansion and successful execution. Lumentum AI network analysis
• Negative Sentiment: A report linked recent weakness to insider selling, adding supply pressure and raising caution after Lumentum’s substantial AI-driven run-up. Lumentum insider selling report

Institutional Trading of Lumentum

Several institutional investors and hedge funds have recently made changes to their positions in LITE. Envestnet Portfolio Solutions Inc. bought a new position in shares of Lumentum during the second quarter valued at about $337,000. Andra AP fonden bought a new position in shares of Lumentum in the second quarter valued at approximately $17,504,000. Silicon Valley Capital Partners increased its position in shares of Lumentum by 800.0% during the second quarter. Silicon Valley Capital Partners now owns 450 shares of the technology company’s stock valued at $386,000 after acquiring an additional 400 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Lumentum by 36.9% during the second quarter. Sequoia Financial Advisors LLC now owns 2,272 shares of the technology company’s stock valued at $1,950,000 after acquiring an additional 612 shares during the last quarter. Finally, Van Hulzen Asset Management LLC bought a new stake in Lumentum during the second quarter worth $644,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Raymond James Financial restated an “outperform” rating and issued a $1,036.00 target price on shares of Lumentum in a research note on Wednesday, August 12th. Rosenblatt Securities reissued a “buy” rating and issued a $1,300.00 price objective on shares of Lumentum in a research note on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on Lumentum in a research report on Monday, August 31st. They set a “buy” rating and a $1,200.00 target price on the stock. Needham & Company LLC reissued a “buy” rating and issued a $1,040.00 price target on shares of Lumentum in a research report on Wednesday, August 12th. Finally, Weiss Ratings lowered shares of Lumentum from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lumentum presently has an average rating of “Moderate Buy” and a consensus price target of $1,073.25.

About Lumentum

Lumentum Holdings Inc is a photonics and optical technology company that develops and manufactures products used to transmit, process and manage light. Its solutions support communications networks, data centers, cloud computing infrastructure, industrial applications, and other technology markets that rely on high-speed optical connectivity and precision lasers.

The company’s product portfolio includes optical components and modules for telecommunications and networking, lasers and laser systems, optical amplifiers, wavelength-management products, and photonic subsystems.