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

Lumentum Holdings Inc. (NASDAQ:LITE) insider Yuen Wupen sold 500 shares of the stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of $948.50, for a total transaction of $474,250.00. Following the sale, the insider directly owned 108,627 shares of the company’s stock, valued at $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 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 Tuesday, September 29th, Yuen Wupen sold 307 shares of Lumentum stock. The stock was sold at an average price of $945.00, for a total transaction of $290,115.00.
• 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 value 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 value of $473,280.00.
• On Monday, September 21st, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $959.27, for a total value 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 value of $460,000.00.
• On Wednesday, September 16th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were 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 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 Stock Performance

Shares of Lumentum stock traded down $2.23 during midday trading on Wednesday, hitting $971.26. The company had a trading volume of 3,995,497 shares, compared to its average volume of 4,390,465. The stock has a market cap of $87.12 billion, a price-to-earnings ratio of -11.81 and a beta of 1.53. The company has a quick ratio of 1.40, a current ratio of 1.68 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $870.70 and a 200 day simple moving average of $851.13. Lumentum Holdings Inc. has a 12-month low of $147.81 and a 12-month high of $1,085.68.

Lumentum (NASDAQ:LITE) last released 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 negative net margin of 230.15% and a positive return on equity of 26.34%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $987.70 million. During the same quarter in the previous year, the firm earned $0.88 EPS. Lumentum’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. As a group, analysts predict that Lumentum Holdings Inc. will post 19.78 earnings per share for the current fiscal year.

Key Headlines 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

Hedge Funds Weigh In On Lumentum

Several institutional investors and hedge funds have recently modified their holdings of LITE. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Lumentum in the second quarter worth about $337,000. Andra AP fonden purchased a new position in Lumentum during the second quarter valued at approximately $17,504,000. Silicon Valley Capital Partners raised its position in Lumentum by 800.0% during the second quarter. Silicon Valley Capital Partners now owns 450 shares of the technology company’s stock valued at $386,000 after acquiring an additional 400 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Lumentum by 36.9% in the second quarter. Sequoia Financial Advisors LLC now owns 2,272 shares of the technology company’s stock valued at $1,950,000 after acquiring an additional 612 shares during the period. Finally, Van Hulzen Asset Management LLC acquired a new position in Lumentum in the second quarter valued at approximately $644,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Zacks Research upgraded Lumentum from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. Mizuho boosted their price target 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. Needham & Company LLC restated a “buy” rating and issued a $1,040.00 price objective on shares of Lumentum in a research note on Wednesday, August 12th. Wolfe Research reaffirmed an “outperform” rating on shares of Lumentum in a report on Friday, August 21st. Finally, Weiss Ratings lowered Lumentum from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Lumentum presently has an average 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.