Key Points
- Insider selling: Yuen Wupen sold 307 Lumentum shares for approximately $290,115 under a pre-arranged Rule 10b5-1 plan. The insider still directly owns 108,320 shares valued at roughly $102.4 million.
- Strong operating results: Lumentum reported quarterly EPS of $3.23, exceeding the $2.97 analyst consensus, while revenue rose 109.3% year over year to $1.01 billion.
- Positive analyst outlook: Lumentum has a consensus “Moderate Buy” rating and an average price target of $1,073.25, supported by expectations for growth in AI infrastructure and optical networking.
Lumentum Holdings Inc. (NASDAQ:LITE - Get Free Report) insider Yuen Wupen sold 307 shares of the company's stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $945.00, for a total value of $290,115.00. Following the transaction, the insider directly owned 108,320 shares in the company, valued at approximately $102,362,400. This trade represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 Monday, September 28th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $948.50, for a total value of $474,250.00.
- On Friday, September 25th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were 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 stock was 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 transaction 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 transaction of $431,070.00.
- On Thursday, September 10th, Yuen Wupen sold 500 shares of Lumentum stock. The stock was sold at an average price of $961.44, for a total transaction 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 transaction of $447,995.00.
- On Friday, September 4th, Yuen Wupen sold 500 shares of Lumentum stock. The shares were sold at an average price of $860.00, for a total transaction of $430,000.00.
Lumentum Stock Down 0.2%
Shares of NASDAQ LITE opened at $971.26 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.68 and a quick ratio of 1.40. The company has a 50-day moving average price of $870.70 and a 200-day moving average price of $851.13. The stock has a market capitalization of $87.12 billion, a P/E ratio of -11.81 and a beta of 1.53. Lumentum Holdings Inc. has a 1 year low of $147.81 and a 1 year high of $1,085.68.
Lumentum (NASDAQ:LITE - Get Free Report) last posted its earnings results on Tuesday, August 11th. The technology company reported $3.23 earnings per share for the quarter, topping analysts' consensus estimates 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 analyst estimates of $987.70 million. During the same quarter in the prior year, the business posted $0.88 EPS. The firm'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. On average, equities research analysts forecast that Lumentum Holdings Inc. will post 19.78 EPS for the current fiscal year.
Hedge Funds Weigh In On Lumentum
Hedge funds and other institutional investors have recently modified their holdings of the business. Hilton Head Capital Partners LLC purchased a new stake in shares of Lumentum during the first quarter valued at approximately $25,000. Sachetta LLC lifted its holdings in Lumentum by 118.8% during the first quarter. Sachetta LLC now owns 35 shares of the technology company's stock worth $25,000 after acquiring an additional 19 shares during the period. Harbour Investments Inc. boosted its position in Lumentum by 675.0% in the fourth quarter. Harbour Investments Inc. now owns 93 shares of the technology company's stock worth $34,000 after purchasing an additional 81 shares during the last quarter. Meeder Asset Management Inc. purchased a new position in Lumentum in the second quarter worth $40,000. Finally, Keating Financial Advisory Services Inc. bought a new position in Lumentum in the 2nd quarter valued at $41,000. Hedge funds and other institutional investors own 94.05% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on LITE. JPMorgan Chase & Co. raised their target price on Lumentum from $1,165.00 to $1,280.00 and gave the company an "overweight" rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft assumed coverage on Lumentum in a report on Monday, August 31st. They set a "buy" rating and a $1,200.00 price target for the company. Wolfe Research restated an "outperform" rating on shares of Lumentum in a research note on Friday, August 21st. Morgan Stanley raised their price objective on Lumentum from $900.00 to $1,000.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 12th. Finally, Mizuho upped their target price on shares of Lumentum from $1,100.00 to $1,140.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Lumentum presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,073.25.
Check Out Our Latest Research Report on LITE
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
About Lumentum
(
Get Free Report)
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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