Lumentum (NASDAQ:LITE) Insider Yuen Wupen Sells 500 Shares

Lumentum Holdings Inc. (NASDAQ:LITE) insider Yuen Wupen sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $882.15, for a total transaction of $441,075.00. Following the completion of the sale, the insider directly owned 91,729 shares in the company, valued at approximately $80,918,737.35. This trade represents a 0.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 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 transaction 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 Price Performance

Shares of LITE opened at $939.03 on Thursday. Lumentum Holdings Inc. has a twelve month low of $123.78 and a twelve month high of $1,085.68. The firm’s fifty day simple moving average is $808.80 and its 200-day simple moving average is $801.60. The firm has a market capitalization of $84.23 billion, a price-to-earnings ratio of -11.42 and a beta of 1.50. The company has a current ratio of 1.68, a quick ratio of 1.40 and a debt-to-equity ratio of 0.01.

Lumentum (NASDAQ:LITE) last released its quarterly earnings data 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. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $987.70 million. Lumentum had a negative net margin of 230.15% and a positive return on equity of 26.34%. The company’s revenue for the quarter was up 109.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Equities analysts forecast that Lumentum Holdings Inc. will post 19.76 EPS for the current fiscal year.

Institutional Trading of Lumentum

Several institutional investors and hedge funds have recently made changes to their positions in LITE. California State Teachers Retirement System increased its holdings in shares of Lumentum by 112,343.2% in the 2nd quarter. California State Teachers Retirement System now owns 92,237,160 shares of the technology company’s stock valued at $79,145,018,000 after acquiring an additional 92,155,130 shares during the period. Jupiter Topco LLC purchased a new stake in Lumentum in the 2nd quarter valued at $1,621,396,000. Arrowstreet Capital Limited Partnership boosted its stake in Lumentum by 8,579.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,563,210 shares of the technology company’s stock worth $254,350,000 after purchasing an additional 1,545,199 shares during the period. Norges Bank purchased a new position in Lumentum during the 4th quarter worth $474,495,000. Finally, Value Aligned Research Advisors LLC acquired a new position in Lumentum in the fourth quarter valued at $432,062,000. 94.05% of the stock is owned by hedge funds and other institutional investors.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI optics demand is driving renewed buying. Lumentum gained for a second consecutive session as investors continued to favor companies supplying optical components for expanding AI data-center networks. Rival optoelectronics stocks were comparatively weaker, highlighting Lumentum’s current position as a preferred AI connectivity play. Lumentum Climbs 4% as the AI Optics Trade Extends a Second Session
• Positive Sentiment: Order-flow data signaled strong demand. A reported “Power Inflow” alert indicated substantial institutional and retail buying pressure, reinforcing the bullish technical momentum behind LITE’s advance. Lumentum Shares Rise Over 4% After Key Trading Signal
• Neutral Sentiment: New product ramps support the growth outlook but raise execution demands. Lumentum’s 1.6T transceivers and 200G lasers are being ramped to address AI networking demand, while capacity expansion and tight supply could support revenue growth. Lumentum’s 1.6T & 200G Ramp Faces Cisco & NVIDIA Competition
• Negative Sentiment: Insider sales remain a modest overhang. Insider Yuen Wupen sold a combined 1,000 shares for approximately $853,195 across August 24 and August 26. Both transactions were conducted under a pre-arranged Rule 10b5-1 plan and represented only about 0.54% of the insider’s holdings in each sale, reducing their significance as a bearish signal. SEC Insider Trading Filing
• Negative Sentiment: Competition could pressure future growth and margins. Cisco and NVIDIA are developing competing solutions as Lumentum expands its AI connectivity products, creating execution and pricing risks despite currently strong demand.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Wolfe Research reiterated an “outperform” rating on shares of Lumentum in a report on Friday, August 21st. Needham & Company LLC restated a “buy” rating and set a $1,040.00 target price on shares of Lumentum in a research note on Wednesday, August 12th. Weiss Ratings downgraded Lumentum from a “hold (c-)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. Stifel Nicolaus increased their price target on shares of Lumentum from $800.00 to $1,100.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Northland Securities raised their price objective on shares of Lumentum from $1,000.00 to $1,200.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,044.67.

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.