Lumentum Holdings Inc. (NASDAQ:LITE - Get Free Report) SVP Jae Kim sold 12,000 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $852.58, for a total transaction of $10,230,960.00. Following the sale, the senior vice president directly owned 37,804 shares in the company, valued at $32,230,934.32. This trade represents a 24.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jae Kim also recently made the following trade(s):
- On Thursday, August 20th, Jae Kim sold 1,904 shares of Lumentum stock. The shares were sold at an average price of $827.82, for a total transaction of $1,576,169.28.
- On Tuesday, August 18th, Jae Kim sold 1,366 shares of Lumentum stock. The stock was sold at an average price of $909.43, for a total transaction of $1,242,281.38.
Lumentum Trading Up 1.8%
LITE stock opened at $956.14 on Friday. Lumentum Holdings Inc. has a 52-week low of $125.00 and a 52-week high of $1,085.68. 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 firm has a market cap of $85.77 billion, a P/E ratio of -11.63 and a beta of 1.50. The company's 50-day simple moving average is $810.93 and its 200-day simple moving average is $804.45.
Lumentum (NASDAQ:LITE - Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.26. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $987.70 million. Lumentum had a positive return on equity of 26.34% and a negative net margin of 230.15%.Lumentum's revenue for the quarter was up 109.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. As a group, equities analysts forecast that Lumentum Holdings Inc. will post 19.76 EPS for the current fiscal year.
Key Headlines Impacting Lumentum
Here are the key news stories impacting Lumentum this week:
- Positive Sentiment: AI-optics enthusiasm remains the primary catalyst. Investors are buying Lumentum as demand grows for optical connectivity products used in AI data-center networks. Lumentum has recently outperformed some peer optoelectronics companies, reinforcing its status as a preferred AI infrastructure play. Lumentum Climbs 4% as the AI Optics Trade Extends a Second Session
- Positive Sentiment: Trading data pointed to strong buying pressure. A reported “Power Inflow” alert, based on institutional and retail order-flow activity, provided an additional technical signal supporting the recent advance. Lumentum Shares Rise Over 4% After Key Trading Signal
- Positive Sentiment: Fundamentals and analyst sentiment remain supportive. Lumentum’s latest quarterly results exceeded expectations, with revenue more than doubling year over year, and its next-quarter EPS guidance is strong. Analysts maintain a broadly favorable view, including recent price-target increases and a consensus “Moderate Buy” rating.
- Neutral Sentiment: Management commentary is being monitored. Lumentum presented at the Deutsche Bank 2026 Technology Conference, giving investors an opportunity to assess its outlook for AI-related optical products, capacity expansion and execution. The supplied transcript entry does not identify a specific new forecast or announcement. Lumentum Deutsche Bank Technology Conference Transcript
- Negative Sentiment: Insider selling creates a modest overhang. Yuen Wupen sold 500 shares on both August 24 and August 26, but each transaction represented only about 0.54% of the insider’s holdings and was executed under a pre-arranged Rule 10b5-1 plan. The sales therefore appear less significant than discretionary selling. SEC Insider Trading Filing
- Negative Sentiment: Competition and valuation remain risks. Cisco and NVIDIA are developing competing AI-connectivity solutions, potentially pressuring Lumentum’s pricing and margins. The stock’s sharp run also increases sensitivity to execution issues or disappointing growth.
Analyst Ratings Changes
A number of research analysts have recently issued reports on LITE shares. TD Cowen increased their target price on Lumentum from $800.00 to $820.00 and gave the company a "hold" rating in a research report on Wednesday, August 12th. Craig Hallum upped their price objective on shares of Lumentum from $900.00 to $1,150.00 in a research report on Wednesday, May 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $1,040.00 price objective on shares of Lumentum in a report on Wednesday, August 12th. Morgan Stanley lifted their target price on shares of Lumentum from $900.00 to $1,000.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 12th. Finally, UBS Group set a $820.00 target price on shares of Lumentum in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $1,044.67.
Read Our Latest Analysis on LITE
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. Corient Private Wealth LP lifted its holdings in Lumentum by 108.4% in the 2nd quarter. Corient Private Wealth LP now owns 10,318 shares of the technology company's stock valued at $8,853,000 after purchasing an additional 5,368 shares in the last quarter. Amundi grew its holdings in shares of Lumentum by 188.7% during the second quarter. Amundi now owns 658,427 shares of the technology company's stock worth $564,970,000 after buying an additional 430,355 shares in the last quarter. Groupe la Francaise purchased a new stake in shares of Lumentum during the second quarter worth $7,260,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Lumentum in the second quarter valued at about $17,848,000. Finally, CYBER HORNET ETFs LLC lifted its stake in shares of Lumentum by 7.2% in the second quarter. CYBER HORNET ETFs LLC now owns 209 shares of the technology company's stock worth $179,000 after buying an additional 14 shares in the last quarter. 94.05% of the stock is owned by institutional investors and hedge funds.
About Lumentum
(
Get Free Report)
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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