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

Key Points

• Insider selling: Yuen Wupen sold 500 Lumentum shares at an average price of $895, generating $447,500. The transaction was made under a pre-arranged Rule 10b5-1 plan, leaving the insider with 118,127 shares.
• Strong operating momentum: Lumentum reported quarterly earnings of $3.23 per share versus the $2.97 consensus estimate, while revenue rose 109.3% year over year to $1.01 billion.
• Positive analyst outlook amid AI growth: Analysts maintain a “Moderate Buy” consensus with an average price target of $1,053.83, citing demand for optical infrastructure supporting AI data centers. Competition, elevated expectations and a 5% share-price decline in the referenced session remain key risks.

Lumentum Holdings Inc. (NASDAQ:LITE - Get Free Report) insider Yuen Wupen sold 500 shares of the business's stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $895.00, for a total transaction of $447,500.00. Following the sale, the insider owned 118,127 shares of the company's stock, valued at approximately $105,723,665. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 Friday, August 28th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were 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 transaction of $441,075.00.
• 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 value of $1,241,730.00.

Lumentum Stock Down 5.0%

NASDAQ:LITE traded down $45.81 during mid-day trading 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 business has a fifty day simple moving average of $813.06 and a 200-day simple moving average of $811.25. 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 Holdings Inc. has a 1 year low of $125.00 and a 1 year high of $1,085.68. The firm 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 issued its earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $987.70 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. The company's revenue was up 109.3% compared to the same quarter last year. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. Equities analysts forecast that Lumentum Holdings Inc. will post 19.76 earnings per share for the current fiscal year.

Key Headlines Impacting Lumentum

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.

Institutional Investors Weigh In On Lumentum

Hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System lifted its position in shares of Lumentum by 112,343.2% during the second quarter. California State Teachers Retirement System now owns 92,237,160 shares of the technology company's stock worth $79,145,018,000 after purchasing an additional 92,155,130 shares during the last quarter. Jupiter Topco LLC bought a new stake in Lumentum in the second quarter valued at about $1,621,396,000. Arrowstreet Capital Limited Partnership increased its holdings in Lumentum by 8,579.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,563,210 shares of the technology company's stock valued at $254,350,000 after buying an additional 1,545,199 shares during the last quarter. Norges Bank acquired a new stake in Lumentum during the fourth quarter valued at approximately $474,495,000. Finally, Value Aligned Research Advisors LLC acquired a new stake in Lumentum during the fourth quarter valued at approximately $432,062,000. Institutional investors own 94.05% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. BNP Paribas Exane upped their price target on Lumentum from $1,040.00 to $1,300.00 in a report on Wednesday, May 6th. Barclays lifted their price objective on shares of Lumentum from $750.00 to $1,000.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Lumentum in a research note on Monday. They issued a "buy" rating and a $1,200.00 target price for the company. Craig Hallum raised their price target on shares of Lumentum from $900.00 to $1,150.00 in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Lumentum from $1,165.00 to $1,280.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Lumentum currently has an average rating of "Moderate Buy" and an average target price of $1,053.83.

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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