Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) insider Yuen Wupen sold 500 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $940.95, for a total transaction of $470,475.00. Following the completion of the sale, the insider directly owned 118,627 shares in the company, valued at approximately $111,622,075.65. This represents a 0.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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, August 31st, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $895.00, for a total value of $447,500.00.
- On Wednesday, August 26th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was 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 transaction 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 transaction of $1,241,730.00.
Lumentum Stock Performance
Shares of NASDAQ:LITE opened at $868.95 on Wednesday. Lumentum Holdings Inc. has a 12-month low of $125.00 and a 12-month high of $1,085.68. The company’s 50 day moving average price is $813.06 and its two-hundred day moving average price is $811.25. The firm has a market cap of $77.94 billion, a PE ratio of -10.57 and a beta of 1.50. The company has a quick ratio of 1.40, a current ratio of 1.68 and a debt-to-equity ratio of 0.01.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. Raymond James Financial reissued an “outperform” rating and issued a $1,036.00 target price on shares of Lumentum in a report on Wednesday, August 12th. Weiss Ratings downgraded shares of Lumentum from a “hold (c-)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. Zacks Research upgraded shares of Lumentum from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Northland Securities lifted their price objective on shares of Lumentum from $1,000.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Finally, Stifel Nicolaus boosted their price objective on shares of Lumentum from $800.00 to $1,100.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Lumentum presently has a consensus rating of “Moderate Buy” and an average target price of $1,053.83.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in LITE. Hilton Head Capital Partners LLC bought a new stake in shares of Lumentum during the 1st quarter valued at approximately $25,000. Sachetta LLC lifted its stake in 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 purchasing an additional 19 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Lumentum in the 2nd quarter valued at approximately $40,000. Keating Financial Advisory Services Inc. acquired a new stake in Lumentum in the second quarter valued at approximately $41,000. Finally, Fiduciary Financial Advisors acquired a new stake in Lumentum in the second quarter valued at approximately $42,000. Institutional investors own 94.05% of the company’s stock.
Lumentum News Summary
Here are the key news stories impacting Lumentum this week:
- Positive Sentiment: New bullish analyst coverage: Evercore initiated coverage with an “Outperform” rating and a $1,100 price target, implying substantial upside from the referenced share price. This adds to a favorable analyst backdrop, including a broader Moderate Buy consensus. Lumentum Analyst Coverage
- Positive Sentiment: AI optical demand supports growth: Lumentum is benefiting from rising demand for high-speed optical interconnects used in AI data centers. Its focus on optical circuit switching, co-packaged optics and near-package optics could expand its addressable market, although Marvell and NVIDIA remain important competitors. Lumentum AI Optics Growth
- Positive Sentiment: Strategic investment and manufacturing expansion: A multibillion-dollar AI-related investment, including a sizeable NVIDIA stake, and plans for a U.S. fabrication facility targeting 800-gigabit and 1.6-terabit optical interconnects reinforce Lumentum’s role in AI infrastructure. Lumentum AI Investment and Fab
- Neutral Sentiment: Technical setup remains constructive but demanding: After a roughly 140% gain in 2025, Lumentum is consolidating for about 15 weeks below its record high. Investors are watching for a breakout above that level as a potential new buy point. Lumentum Technical Setup
- Negative Sentiment: Competition and elevated expectations are risks: The strong AI-driven rally has increased valuation and execution expectations, while NVIDIA and Marvell are expanding in adjacent optical and connectivity markets. Any slowdown in AI infrastructure spending or difficulty scaling new products could pressure the shares.
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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