Lumentum (NASDAQ:LITE) Insider Yuen Wupen Sells 307 Shares of Company Stock

Key Points

• Insider Yuen Wupen sold 307 Lumentum shares at an average price of $945, generating $290,115. The transaction occurred under a pre-arranged Rule 10b5-1 plan and reduced the insider’s ownership by 0.28% to 108,320 shares.
• Lumentum shares recently traded at $971.26, near their 12-month high of $1,085.68, while the company reported quarterly EPS of $3.23 and revenue of $1.01 billion, exceeding analyst expectations.
• Analyst sentiment remains positive overall, with a consensus “Moderate Buy” rating and a $1,073.25 price target; bullish views cite Lumentum’s exposure to AI infrastructure and optical networking demand.

Lumentum Holdings Inc. (NASDAQ:LITE - Get Free Report) insider Yuen Wupen sold 307 shares of the firm's stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $945.00, for a total transaction of $290,115.00. Following the completion of the transaction, the insider directly owned 108,320 shares in the company, valued at approximately $102,362,400. This represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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, September 28th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $948.50, for a total transaction of $474,250.00.
• On Friday, September 25th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was 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 shares were 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 shares were 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 value 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 value 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 value of $480,720.00.
• On Tuesday, September 8th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were 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 Price Performance

Shares of LITE stock traded down $2.23 on Wednesday, hitting $971.26. 3,995,497 shares of the company's stock were exchanged, compared to its average volume of 4,390,465. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.68 and a quick ratio of 1.40. Lumentum Holdings Inc. has a 12 month low of $147.81 and a 12 month high of $1,085.68. The stock has a market cap of $87.12 billion, a P/E ratio of -11.81 and a beta of 1.53. The company has a 50 day moving average of $870.70 and a 200 day moving average of $851.13.

Lumentum (NASDAQ:LITE - Get Free Report) last released its earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.97 by $0.26. The firm had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $987.70 million. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.The business's revenue for the quarter was up 109.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.88 earnings per share. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. On average, equities research analysts predict that Lumentum Holdings Inc. will post 19.78 EPS for the current year.

Institutional Trading of Lumentum

Institutional investors have recently modified their holdings of the business. Jupiter Topco LLC acquired a new stake in Lumentum in the second quarter valued at $1,621,396,000. Arrowstreet Capital Limited Partnership grew its position in shares of 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 buying an additional 291,591 shares during the last quarter. Amundi grew its position in shares of Lumentum by 188.7% in the 2nd quarter. Amundi now owns 658,427 shares of the technology company's stock valued at $564,970,000 after buying an additional 430,355 shares during the last quarter. WT Asset Management Ltd acquired a new stake in shares of Lumentum in the second quarter valued at about $494,688,000. Finally, Situational Awareness LP increased its stake in shares of Lumentum by 210.9% in the fourth 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 during the period. Institutional investors own 94.05% of the company's stock.

More Lumentum News

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

Analyst Ratings Changes

Several brokerages recently commented on LITE. TD Cowen increased their price objective on shares of Lumentum from $800.00 to $820.00 and gave the company a "hold" rating in a research note on Wednesday, August 12th. Bank of America decreased 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. Rosenblatt Securities reiterated a "buy" rating and set a $1,300.00 price target on shares of Lumentum in a report on Wednesday, September 23rd. Sanford C. Bernstein began coverage on Lumentum in a research report on Wednesday. They set an "outperform" rating and a $1,220.00 price objective on the stock. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $1,040.00 target price on shares of Lumentum in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen 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, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,073.25.

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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