Lumentum (NASDAQ:LITE) Insider Sells $474,250.00 in Stock

Key Points

• Insider selling: Yuen Wupen sold 500 Lumentum shares for $474,250 under a pre-arranged Rule 10b5-1 plan, reducing the position by 0.46% to 108,627 shares. The sale follows multiple additional disposals during September.
• Strong operating results: Lumentum reported quarterly EPS of $3.23, beating estimates of $2.97, while revenue rose 109.3% year over year to $1.01 billion. The company issued fiscal Q1 2027 EPS guidance of $4.05–$4.35.
• Positive analyst outlook: Lumentum has a consensus “Moderate Buy” rating and a $1,073.25 target price, supported by expectations for growth in AI infrastructure and optical networking; however, the stock’s high valuation and insider selling remain risks.

Lumentum Holdings Inc. (NASDAQ:LITE - Get Free Report) insider Yuen Wupen sold 500 shares of Lumentum stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of $948.50, for a total value of $474,250.00. Following the completion of the sale, the insider directly owned 108,627 shares in the company, valued at approximately $103,032,709.50. The trade was a 0.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 Tuesday, September 29th, Yuen Wupen sold 307 shares of Lumentum stock. The shares were sold at an average price of $945.00, for a total value of $290,115.00.
• On Friday, September 25th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $935.75, for a total transaction of $467,875.00.
• On Wednesday, September 23rd, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $946.56, for a total transaction of $473,280.00.
• On Monday, September 21st, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $959.27, for a total transaction of $479,635.00.
• On Friday, September 18th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $920.00, for a total transaction of $460,000.00.
• On Wednesday, September 16th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $856.83, for a total transaction of $428,415.00.
• On Monday, September 14th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $862.14, for a total transaction of $431,070.00.
• On Thursday, September 10th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $961.44, for a total transaction of $480,720.00.
• On Tuesday, September 8th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $895.99, for a total value of $447,995.00.
• On Friday, September 4th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $860.00, for a total value of $430,000.00.

Lumentum Trading Down 0.2%

LITE stock traded down $2.23 during midday trading on Wednesday, reaching $971.26. 3,995,497 shares of the company traded hands, compared to its average volume of 4,390,465. The firm has a market capitalization of $87.12 billion, a price-to-earnings ratio of -11.81 and a beta of 1.53. Lumentum Holdings Inc. has a 52-week low of $147.81 and a 52-week high of $1,085.68. The business has a 50 day moving average of $870.70 and a 200-day moving average of $851.13. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.40 and a current ratio of 1.68.

Lumentum (NASDAQ:LITE - Get Free Report) last announced its earnings results on Tuesday, August 11th. The technology company reported $3.23 EPS for the quarter, topping analysts' consensus estimates of $2.97 by $0.26. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.The firm had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $987.70 million. During the same quarter in the previous year, the business earned $0.88 EPS. 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. As a group, sell-side analysts expect that Lumentum Holdings Inc. will post 19.78 earnings per share for the current fiscal year.

Analyst Ratings Changes

LITE has been the subject of several analyst reports. Evercore started coverage on shares of Lumentum in a report on Monday, August 31st. They issued an "outperform" rating and a $1,100.00 target price for the company. Mizuho raised their price target on Lumentum from $1,100.00 to $1,140.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 12th. Wolfe Research reaffirmed an "outperform" rating on shares of Lumentum in a research report on Friday, August 21st. TD Cowen upped their price target on shares of Lumentum from $800.00 to $820.00 and gave the stock a "hold" rating in a report on Wednesday, August 12th. Finally, Bank of America dropped their target price on shares of Lumentum from $1,100.00 to $1,000.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Lumentum presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,073.25.

Hedge Funds Weigh In On Lumentum

Several institutional investors have recently bought and sold shares of LITE. Hilton Head Capital Partners LLC purchased a new stake in Lumentum during the first quarter worth $25,000. Sachetta LLC raised 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 worth $25,000 after acquiring an additional 19 shares in the last quarter. Harbour Investments Inc. lifted its stake in shares of Lumentum by 675.0% during the 4th quarter. Harbour Investments Inc. now owns 93 shares of the technology company's stock worth $34,000 after purchasing an additional 81 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Lumentum in the second quarter worth about $40,000. Finally, Keating Financial Advisory Services Inc. purchased a new stake in shares of Lumentum during the second quarter valued at about $41,000. 94.05% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Sanford C. Bernstein initiated coverage with an “outperform” rating and a $1,220 price target, implying approximately 25.6% upside from the referenced price. The bullish view reflects Lumentum’s exposure to high-growth optical networking and AI infrastructure. Bernstein coverage reference
• Positive Sentiment: Analysts highlight NVIDIA’s reported $2 billion commitment to expand Lumentum’s capacity and support joint development of data-center optics. The agreement provides stronger revenue visibility and a potential path to scale as AI clusters require faster chip-to-chip connections. NVIDIA AI safety spending article
• Positive Sentiment: Recent commentary describes Lumentum as a key beneficiary of the shift from copper to optical networking. AI inference, model testing and safety monitoring could increase data traffic across data centers, supporting demand for Lumentum’s photonics products. NVIDIA co-packaged optics article
• Neutral Sentiment: A bullish Seeking Alpha analysis estimates fiscal 2027 and 2028 EPS of $20.50 and $31, respectively, but labels LITE a speculative buy because its current multiples require sustained revenue growth, margin expansion and successful execution. Lumentum AI network analysis
• Negative Sentiment: A report linked recent weakness to insider selling, adding supply pressure and raising caution after Lumentum’s substantial AI-driven run-up. Lumentum insider selling report

Lumentum Company Profile

Lumentum Holdings Inc is a photonics and optical technology company that develops and manufactures products used to transmit, process and manage light. Its solutions support communications networks, data centers, cloud computing infrastructure, industrial applications, and other technology markets that rely on high-speed optical connectivity and precision lasers.

The company's product portfolio includes optical components and modules for telecommunications and networking, lasers and laser systems, optical amplifiers, wavelength-management products, and photonic subsystems.

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