Insider Selling: Lumentum (NASDAQ:LITE) Insider Sells $32,963,687.17 in Stock

Lumentum Holdings Inc. (NASDAQ:LITE) insider Vincent Retort sold 38,663 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $852.59, for a total transaction of $32,963,687.17. Following the transaction, the insider directly owned 78,440 shares of the company’s stock, valued at $66,877,159.60. This represents a 33.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vincent Retort also recently made the following trade(s):

• On Thursday, August 20th, Vincent Retort sold 2,483 shares of Lumentum stock. The shares were sold at an average price of $827.82, for a total transaction of $2,055,477.06.
• On Tuesday, August 18th, Vincent Retort sold 3,183 shares of Lumentum stock. The shares were sold at an average price of $909.43, for a total value of $2,894,715.69.

Lumentum Stock Performance

NASDAQ LITE opened at $895.00 on Friday. The stock has a market capitalization of $80.28 billion, a price-to-earnings ratio of -10.89 and a beta of 1.50. The business’s 50 day moving average is $811.83 and its two-hundred day moving average is $805.08. Lumentum Holdings Inc. has a 12-month low of $125.00 and a 12-month high of $1,085.68. 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 (NASDAQ:LITE) last posted its quarterly earnings results on Tuesday, August 11th. The technology company reported $3.23 EPS for the quarter, beating 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 business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $987.70 million. During the same period last year, the firm earned $0.88 EPS. The company’s quarterly 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. Research analysts expect that Lumentum Holdings Inc. will post 19.76 EPS for the current year.

Wall Street Analysts Forecast Growth

LITE has been the topic of a number of recent analyst reports. UBS Group set a $820.00 price target on shares of Lumentum in a research note on Wednesday, August 12th. Barclays raised 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. Jefferies Financial Group reissued a “buy” rating and set a $1,200.00 price objective on shares of Lumentum in a report on Wednesday, May 6th. Raymond James Financial reaffirmed an “outperform” rating and issued a $1,036.00 target price on shares of Lumentum in a report on Wednesday, August 12th. Finally, Citic Securities lifted their price target on shares of Lumentum from $620.00 to $1,186.00 in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,044.67.

Institutional Investors Weigh In On Lumentum

Several institutional investors and hedge funds have recently made changes to their positions in the business. Advisors Asset Management Inc. increased its holdings in Lumentum by 36.8% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock valued at $59,000 after acquiring an additional 254 shares in the last quarter. NewEdge Advisors LLC raised its position in Lumentum by 109.9% during the first quarter. NewEdge Advisors LLC now owns 11,986 shares of the technology company’s stock worth $747,000 after acquiring an additional 6,275 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Lumentum by 9.1% in the first quarter. Empowered Funds LLC now owns 8,139 shares of the technology company’s stock valued at $507,000 after purchasing an additional 680 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Lumentum in the second quarter valued at about $298,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Lumentum in the second quarter valued at approximately $1,712,000. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: AI infrastructure demand remains the core bullish driver. Lumentum supplies optical components used in high-speed data-center networks, and investors continue to view its 1.6T transceivers and 200G lasers as beneficiaries of accelerating AI-networking demand.
• Positive Sentiment: Recent operating results provide support. Lumentum’s latest quarter exceeded expectations, with $3.23 in adjusted earnings per share versus a $2.97 consensus estimate and revenue of $1.01 billion, up 109.3% year over year. Q1 fiscal 2027 EPS guidance of $4.05–$4.35 also remains encouraging.
• Neutral Sentiment: Management’s technology-conference appearance offered no clearly new catalyst. Lumentum presented at the Deutsche Bank 2026 Technology Conference, where investors focused on its AI-product outlook, capacity expansion and execution. The supplied transcript did not identify a specific new forecast or announcement. Lumentum Deutsche Bank Technology Conference Transcript
• Negative Sentiment: Sector-wide risk-off trading pressured the stock. Applied Optoelectronics and Lumentum reportedly fell about 6%, while Coherent declined about 5%, as the optics stocks that led the August rally pulled back together. A Barron’s report suggested the declines reflected peer-related sympathy selling rather than company-specific news. Optics Stocks Slide as AI Hardware Trade Cools
• Negative Sentiment: Several insiders sold shares. SVP Jae Kim sold 12,000 shares for approximately $10.2 million, while Vincent Retort sold 38,663 shares for about $33.0 million. CEO Michael Hurlston sold 548 shares for roughly $525,000. The transactions were conducted under pre-arranged Rule 10b5-1 plans, limiting their value as a discretionary bearish signal, but they add a modest overhang after the stock’s substantial rally. SEC CEO Insider Trading Filing
• Negative Sentiment: Valuation and competition heighten volatility. With LITE trading near its 52-week high, investors may be particularly sensitive to profit-taking, execution problems or competition from Cisco and NVIDIA in AI connectivity.

About Lumentum

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.