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

Lumentum Holdings Inc. (NASDAQ:LITE) insider Yuen Wupen sold 500 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $895.99, for a total transaction of $447,995.00. Following the completion of the sale, the insider directly owned 115,627 shares in the company, valued at approximately $103,600,635.73. This represents a 0.43% 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 Thursday, September 10th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $961.44, for a total transaction of $480,720.00.
• 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 transaction of $430,000.00.
• On Wednesday, September 2nd, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $864.49, for a total transaction 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 transaction of $447,500.00.
• On Friday, August 28th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $940.95, for a total transaction 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 shares were 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 shares were sold at an average price of $827.82, for a total value of $1,241,730.00.

Lumentum Stock Down 5.4%

LITE stock opened at $935.70 on Friday. The company has a market cap of $83.93 billion, a price-to-earnings ratio of -11.38 and a beta of 1.53. Lumentum Holdings Inc. has a twelve month low of $144.52 and a twelve month high of $1,085.68. The business has a 50 day moving average price of $825.53 and a two-hundred day moving average price of $826.58. 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 (NASDAQ:LITE) last released its quarterly earnings data on Tuesday, August 11th. The technology company reported $3.23 EPS for the quarter, beating the consensus estimate of $2.97 by $0.26. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $987.70 million. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.The firm’s revenue for the quarter was up 109.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Analysts anticipate 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: AI-driven demand remains the primary bullish catalyst. Lumentum is expanding capacity for pump, EML and continuous-wave lasers as data-center customers increase spending on optical networking. Analysts see the company increasingly competing with Broadcom and Applied Optoelectronics. LITE’s Laser Growth Accelerates
• Positive Sentiment: Recent operating performance has been strong. Lumentum reported quarterly revenue of approximately $1.01 billion and adjusted earnings of $3.23 per share, exceeding analyst estimates. Revenue more than doubled year over year, while fiscal 2026 revenue increased 83.2%. The company also issued fiscal 2027 first-quarter EPS guidance of $4.05 to $4.35. Lumentum’s $7.2 Billion Loss Was Not A Loss
• Positive Sentiment: Shares recently benefited from an AI optical-networking rally. LITE jumped sharply in prior trading and was highlighted by investment commentary as a potential beneficiary of rising data-center photonics demand. AI Optical Networking Rally
• Neutral Sentiment: Reported short interest was zero shares, implying no measurable short-selling pressure; however, the data provides little additional insight into near-term trading direction.
• Negative Sentiment: Insiders disclosed additional sales. President Yuen Wupen sold 500 shares on September 10 for about $481,000 and another 500 shares on September 8 for about $448,000. Both transactions were made under a pre-arranged Rule 10b5-1 plan, reducing their ownership by only 0.43% per transaction. The sales may contribute to profit-taking concerns, although the planned nature makes them a limited bearish signal. SEC insider transaction filing
• Negative Sentiment: A separate report said Lumentum’s president sold 1,500 shares, reinforcing near-term concerns about insider profit-taking. Lumentum President Sells 1,500 Shares

Institutional Investors Weigh In On Lumentum

Hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System grew its position in shares of Lumentum by 112,343.2% in the second 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 purchasing an additional 92,155,130 shares during the last quarter. Jupiter Topco LLC acquired a new stake in Lumentum during the 2nd quarter worth approximately $1,621,396,000. Arrowstreet Capital Limited Partnership boosted its stake in Lumentum by 18.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,854,801 shares of the technology company’s stock valued at $683,661,000 after purchasing an additional 291,591 shares during the period. Geode Capital Management LLC boosted its stake in Lumentum by 9.6% in the 4th quarter. Geode Capital Management LLC now owns 1,412,213 shares of the technology company’s stock valued at $521,563,000 after purchasing an additional 123,265 shares during the period. Finally, Situational Awareness LP grew its holdings in Lumentum by 210.9% in the 4th quarter. Situational Awareness LP now owns 1,298,400 shares of the technology company’s stock valued at $478,577,000 after buying an additional 880,800 shares in the last quarter. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Mizuho upped their price objective on Lumentum from $1,100.00 to $1,140.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Evercore initiated coverage on Lumentum in a research note on Monday, August 31st. They set an “outperform” rating and a $1,100.00 target price for the company. Citigroup reissued a “buy” rating on shares of Lumentum in a report on Wednesday, August 12th. Northland Securities increased their price target on 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, JPMorgan Chase & Co. raised their price target on Lumentum from $1,165.00 to $1,280.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Lumentum currently has a consensus rating of “Moderate Buy” and an average price target of $1,053.83.

Lumentum Company Profile

Lumentum Holdings Inc (NASDAQ: LITE) designs and manufactures optical and photonic products used to transmit, process and control light. Its portfolio includes optical components, modules, subsystems, lasers and photonic integrated circuits that support communications networks, data centers, cloud infrastructure and industrial applications.

The company also supplies technologies for consumer electronics and 3D sensing, including laser-based products used in applications such as depth sensing and facial recognition.