Key Points
- Insider selling: Yuen Wupen sold 500 Lumentum shares for $447,500 under a pre-arranged Rule 10b5-1 plan, reducing the position by 0.42% to 118,127 shares. The sale follows several other transactions totaling 4,000 shares since August 20.
- Strong operating results: Lumentum reported quarterly EPS of $3.23, above the $2.97 consensus estimate, 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 and AI outlook: Analysts maintain a “Moderate Buy” consensus with an average price target of $1,053.83, supported by expectations for growing AI data-center demand for optical interconnects. Competition, elevated valuation expectations and execution risks remain potential headwinds.
Lumentum Holdings Inc. (NASDAQ:LITE - Get Free Report) insider Yuen Wupen sold 500 shares of Lumentum stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $895.00, for a total transaction of $447,500.00. Following the sale, the insider directly owned 118,127 shares of the company's stock, valued at $105,723,665. This represents a 0.42% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 Friday, August 28th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $940.95, for a total value of $470,475.00.
- On Wednesday, August 26th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $882.15, for a total value 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 value of $412,120.00.
- On Friday, August 21st, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $898.15, for a total value of $449,075.00.
- On Thursday, August 20th, Yuen Wupen sold 1,500 shares of Lumentum stock. The stock was sold at an average price of $827.82, for a total value of $1,241,730.00.
Lumentum Stock Performance
Shares of Lumentum stock opened at $868.95 on Wednesday. The company has a current ratio of 1.68, a quick ratio of 1.40 and a debt-to-equity ratio of 0.01. The stock's fifty day moving average price is $813.06 and its 200-day moving average price is $811.25. The firm has a market cap of $77.94 billion, a P/E ratio of -10.57 and a beta of 1.50. Lumentum Holdings Inc. has a 12 month low of $125.00 and a 12 month high of $1,085.68.
Lumentum (NASDAQ:LITE - Get Free Report) last issued its earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.97 by $0.26. The company had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $987.70 million. Lumentum had a negative net margin of 230.15% and a positive return on equity of 26.34%. The firm's quarterly revenue was up 109.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.88 EPS. Lumentum has set its Q1 2027 guidance at 4.050-4.350 EPS. On average, equities research analysts expect that Lumentum Holdings Inc. will post 19.76 earnings per share for the current fiscal year.
Institutional Trading of Lumentum
A number of institutional investors have recently bought and sold shares of the stock. CYBER HORNET ETFs LLC increased its stake in Lumentum by 7.2% during the 2nd quarter. CYBER HORNET ETFs LLC now owns 209 shares of the technology company's stock valued at $179,000 after purchasing an additional 14 shares in the last quarter. Hilltop National Bank lifted its stake in shares of Lumentum by 26.8% during the second quarter. Hilltop National Bank now owns 71 shares of the technology company's stock worth $61,000 after buying an additional 15 shares during the period. Sachetta LLC lifted its stake in shares of Lumentum by 118.8% during the first quarter. Sachetta LLC now owns 35 shares of the technology company's stock worth $25,000 after buying an additional 19 shares during the period. Toth Financial Advisory Corp raised its stake in Lumentum by 127.3% in the 2nd quarter. Toth Financial Advisory Corp now owns 50 shares of the technology company's stock worth $43,000 after acquiring an additional 28 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in Lumentum by 39.5% during the 2nd quarter. Versant Capital Management Inc now owns 106 shares of the technology company's stock worth $91,000 after acquiring an additional 30 shares during the period. 94.05% of the stock is currently owned by institutional investors and hedge funds.
More Lumentum News
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.
Wall Street Analyst Weigh In
Several brokerages have issued reports on LITE. Needham & Company LLC reaffirmed a "buy" rating and set a $1,040.00 target price on shares of Lumentum in a research report on Wednesday, August 12th. Barclays raised their price objective on Lumentum from $750.00 to $1,000.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 6th. Evercore began coverage on Lumentum in a research note on Monday. They issued an "outperform" rating and a $1,100.00 target price on the stock. JPMorgan Chase & Co. boosted their target price on shares of Lumentum from $1,165.00 to $1,280.00 and gave the stock an "overweight" rating in a report on Wednesday, August 12th. Finally, Raymond James Financial restated an "outperform" rating and issued a $1,036.00 price target on shares of Lumentum in a report on Wednesday, August 12th. One 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 given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $1,053.83.
Read Our Latest Stock Report on Lumentum
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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