Lumentum (NASDAQ:LITE) Insider Sells $470,475.00 in Stock

Key Points

• Insider selling: Lumentum insider Yuen Wupen sold 500 shares for $470,475 under a pre-arranged Rule 10b5-1 plan, retaining 118,627 shares. The insider has made several additional sales recently.
• Strong operating results: Lumentum reported quarterly revenue of $1.01 billion, up 109.3% year over year, and adjusted earnings of $3.23 per share, beating analyst expectations.
• Positive outlook but elevated risks: Analysts maintain a “Moderate Buy” consensus with an average price target of $1,053.83, supported by AI-driven optical demand. However, the stock’s sharp rally, high expectations and competition from NVIDIA and Marvell remain key risks.

Lumentum Holdings Inc. (NASDAQ:LITE - Get Free Report) insider Yuen Wupen sold 500 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $940.95, for a total transaction of $470,475.00. Following the transaction, the insider owned 118,627 shares in the company, valued at approximately $111,622,075.65. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 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 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 5.0%

LITE traded down $45.81 on Tuesday, hitting $868.95. The company had a trading volume of 3,833,553 shares, compared to its average volume of 4,951,630. The stock has a fifty day moving average price of $813.06 and a 200-day moving average price of $811.25. Lumentum Holdings Inc. has a 12-month low of $125.00 and a 12-month 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 stock has a market capitalization of $77.94 billion, a price-to-earnings ratio of -10.57 and a beta of 1.53.

Lumentum (NASDAQ:LITE - Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The technology company reported $3.23 EPS for the quarter, beating the consensus estimate of $2.97 by $0.26. Lumentum had a negative net margin of 230.15% and a positive return on equity of 26.34%. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $987.70 million. During the same period in the prior year, the firm posted $0.88 earnings per share. The company's quarterly revenue was up 109.3% on a year-over-year basis. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Analysts predict that Lumentum Holdings Inc. will post 19.76 EPS for the current fiscal year.

More Lumentum News

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.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on LITE shares. Mizuho upped their price target on Lumentum from $1,100.00 to $1,140.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 12th. Citic Securities raised their price objective on Lumentum from $620.00 to $1,186.00 in a research report on Monday, May 11th. Wolfe Research restated an "outperform" rating on shares of Lumentum in a research note on Friday, August 21st. Rosenblatt Securities reiterated a "buy" rating and issued a $1,300.00 price target on shares of Lumentum in a research note on Wednesday, August 12th. Finally, Craig Hallum raised their price target on Lumentum from $900.00 to $1,150.00 in a report on Wednesday, May 6th. One 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $1,053.83.

Institutional Trading of Lumentum

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LITE. Nomura Asset Management Co. Ltd. lifted its holdings in Lumentum by 45.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 369,804 shares of the technology company's stock valued at $136,306,000 after acquiring an additional 114,714 shares during the period. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in Lumentum in the 1st quarter worth approximately $2,046,000. Styrax Capital LP grew its stake in shares of Lumentum by 3.6% during the 1st quarter. Styrax Capital LP now owns 140,000 shares of the technology company's stock worth $98,386,000 after purchasing an additional 4,837 shares during the period. Whittier Trust Co. increased its holdings in shares of Lumentum by 21,806.5% during the 1st quarter. Whittier Trust Co. now owns 74,044 shares of the technology company's stock valued at $57,183,000 after purchasing an additional 73,706 shares in the last quarter. Finally, Andar Capital Management HK Ltd purchased a new position in shares of Lumentum during the 4th quarter valued at approximately $4,325,000. Institutional investors and hedge funds own 94.05% of the company's stock.

Lumentum Company Profile

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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