Insider Selling: Lumentum (NASDAQ:LITE) SVP Sells $1,356,516.90 in Stock

22 May 2026, 05:40 by Scott Moore · The Cerbat Gem

Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) SVP Jae Kim sold 1,422 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $953.95, for a total value of $1,356,516.90. Following the sale, the senior vice president directly owned 32,333 shares in the company, valued at $30,844,065.35. This trade represents a 4.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jae Kim also recently made the following trade(s):

On Monday, May 11th, Jae Kim sold 1,933 shares of Lumentum stock. The shares were sold at an average price of $950.99, for a total value of $1,838,263.67.

Lumentum Stock Performance

Shares of LITE stock opened at $964.50 on Friday. The stock has a fifty day moving average price of $831.67 and a 200 day moving average price of $557.30. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.97 and a current ratio of 1.14. The stock has a market cap of $75.04 billion, a PE ratio of 178.61 and a beta of 1.53. Lumentum Holdings Inc. has a 1 year low of $71.04 and a 1 year high of $1,085.68.

Lumentum (NASDAQ:LITE – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.10. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.The business had revenue of $808.40 million during the quarter, compared to analysts’ expectations of $810.21 million. During the same quarter last year, the business posted $0.57 earnings per share. The business’s revenue for the quarter was up 90.1% on a year-over-year basis. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. Sell-side analysts forecast that Lumentum Holdings Inc. will post 6.49 earnings per share for the current fiscal year.

More Lumentum News

Here are the key news stories impacting Lumentum this week:

Positive Sentiment: Lumentum was added to the Nasdaq-100, which can trigger buying from index funds and ETFs while increasing visibility with institutional investors.
Positive Sentiment: Broker-rating upgrades and bullish commentary have reinforced the view that AI infrastructure demand remains a major long-term tailwind for LITE.
Positive Sentiment: Zacks and other momentum-focused coverage placed Lumentum on strong-buy and top momentum lists, signaling continued Wall Street enthusiasm.
Positive Sentiment: REX Shares launched a leveraged 2x long LITE ETF, which can add trading interest and speculative demand for the shares.
Neutral Sentiment: Several insider sales were disclosed, but they were pre-planned 10b5-1 transactions tied to equity vesting and tax withholding, making them less concerning from a fundamental standpoint.
Neutral Sentiment: Recent articles also noted Lumentum’s strong earnings growth and raised guidance, which support the bull case but were already well known from the company’s latest quarterly report.
Negative Sentiment: Some investors may still be taking profits after Lumentum’s sharp run-up, and that has weighed on sentiment in parts of the AI optics sector.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. UBS Group upped their price objective on Lumentum from $455.00 to $960.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Northland Securities set a $1,000.00 target price on shares of Lumentum in a research note on Monday, April 20th. Rosenblatt Securities raised their price target on shares of Lumentum from $900.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Stifel Nicolaus lifted their price target on shares of Lumentum from $800.00 to $1,100.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, B. Riley Financial reissued a “buy” rating on shares of Lumentum in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Lumentum presently has an average rating of “Moderate Buy” and an average price target of $1,012.43.

Read Our Latest Stock Analysis on Lumentum

Institutional Trading of Lumentum

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Essential Partners LLC lifted its holdings in shares of Lumentum by 590.3% during the 1st quarter. Essential Partners LLC now owns 214 shares of the technology company’s stock worth $150,000 after acquiring an additional 183 shares during the period. BankChampaign National Association purchased a new stake in Lumentum in the first quarter valued at approximately $356,000. Liontrust Investment Partners LLP increased its position in Lumentum by 25.8% during the first quarter. Liontrust Investment Partners LLP now owns 21,580 shares of the technology company’s stock worth $15,166,000 after purchasing an additional 4,419 shares during the last quarter. E20 Capital Ltd increased its position in Lumentum by 606.9% during the first quarter. E20 Capital Ltd now owns 186,661 shares of the technology company’s stock worth $131,178,000 after purchasing an additional 160,256 shares during the last quarter. Finally, Janus Henderson Group PLC raised its stake in Lumentum by 163.2% during the first quarter. Janus Henderson Group PLC now owns 567,182 shares of the technology company’s stock worth $398,590,000 after purchasing an additional 351,676 shares during the period. Hedge funds and other institutional investors own 94.05% of the company’s stock.

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.