Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) insider Vincent Retort sold 38,663 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $852.59, for a total transaction of $32,963,687.17. Following the completion of the sale, the insider directly owned 78,440 shares in the company, valued at $66,877,159.60. This represents a 33.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Vincent Retort also recently made the following trade(s):
- On Thursday, August 20th, Vincent Retort sold 2,483 shares of Lumentum stock. The stock was sold at an average price of $827.82, for a total transaction of $2,055,477.06.
- On Tuesday, August 18th, Vincent Retort sold 3,183 shares of Lumentum stock. The shares were sold at an average price of $909.43, for a total value of $2,894,715.69.
Lumentum Stock Performance
Shares of Lumentum stock opened at $956.14 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.68 and a quick ratio of 1.40. The firm has a market cap of $85.77 billion, a price-to-earnings ratio of -11.63 and a beta of 1.50. The stock’s 50-day moving average is $810.93 and its 200-day moving average is $804.45. Lumentum Holdings Inc. has a one year low of $125.00 and a one year high of $1,085.68.
Key Headlines Impacting Lumentum
Here are the key news stories impacting Lumentum this week:
- Positive Sentiment: AI-optics enthusiasm remains the primary catalyst. Investors are buying Lumentum as demand grows for optical connectivity products used in AI data-center networks. Lumentum has recently outperformed some peer optoelectronics companies, reinforcing its status as a preferred AI infrastructure play. Lumentum Climbs 4% as the AI Optics Trade Extends a Second Session
- Positive Sentiment: Trading data pointed to strong buying pressure. A reported “Power Inflow” alert, based on institutional and retail order-flow activity, provided an additional technical signal supporting the recent advance. Lumentum Shares Rise Over 4% After Key Trading Signal
- Positive Sentiment: Fundamentals and analyst sentiment remain supportive. Lumentum’s latest quarterly results exceeded expectations, with revenue more than doubling year over year, and its next-quarter EPS guidance is strong. Analysts maintain a broadly favorable view, including recent price-target increases and a consensus “Moderate Buy” rating.
- Neutral Sentiment: Management commentary is being monitored. Lumentum presented at the Deutsche Bank 2026 Technology Conference, giving investors an opportunity to assess its outlook for AI-related optical products, capacity expansion and execution. The supplied transcript entry does not identify a specific new forecast or announcement. Lumentum Deutsche Bank Technology Conference Transcript
- Negative Sentiment: Insider selling creates a modest overhang. Yuen Wupen sold 500 shares on both August 24 and August 26, but each transaction represented only about 0.54% of the insider’s holdings and was executed under a pre-arranged Rule 10b5-1 plan. The sales therefore appear less significant than discretionary selling. SEC Insider Trading Filing
- Negative Sentiment: Competition and valuation remain risks. Cisco and NVIDIA are developing competing AI-connectivity solutions, potentially pressuring Lumentum’s pricing and margins. The stock’s sharp run also increases sensitivity to execution issues or disappointing growth.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on LITE. TD Cowen boosted their price objective on shares of Lumentum from $800.00 to $820.00 and gave the stock a “hold” rating in a research report on Wednesday, August 12th. Raymond James Financial reaffirmed an “outperform” rating and issued a $1,036.00 target price on shares of Lumentum in a research report on Wednesday, August 12th. Citic Securities lifted their price target on shares of Lumentum from $620.00 to $1,186.00 in a research note on Monday, May 11th. Northland Securities boosted their price target on shares of Lumentum from $1,000.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Finally, Citigroup restated a “buy” rating on shares of Lumentum in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Lumentum presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,044.67.
Check Out Our Latest Research Report on LITE
Hedge Funds Weigh In On Lumentum
Institutional investors have recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC bought a new stake in Lumentum during the first quarter worth $25,000. Sachetta LLC grew its position in shares of Lumentum by 118.8% in the 1st quarter. Sachetta LLC now owns 35 shares of the technology company’s stock valued at $25,000 after acquiring an additional 19 shares during the period. Truvestments Capital LLC grew its position in shares of Lumentum by 300.0% in the 4th quarter. Truvestments Capital LLC now owns 76 shares of the technology company’s stock valued at $28,000 after acquiring an additional 57 shares during the period. Triumph Capital Management acquired a new position in shares of Lumentum during the 4th quarter worth about $30,000. Finally, Danske Bank A S acquired a new position in shares of Lumentum during the 3rd quarter worth about $33,000. 94.05% of the stock is currently owned by institutional investors and hedge funds.
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.
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