Vincent Retort Sells 45,026 Shares of Lumentum (NASDAQ:LITE) Stock

Lumentum Holdings Inc. (NASDAQ:LITE) insider Vincent Retort sold 45,026 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $591.32, for a total transaction of $26,624,774.32. Following the sale, the insider directly owned 102,455 shares in the company, valued at approximately $60,583,690.60. This represents a 30.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Lumentum Trading Down 3.6%

Shares of Lumentum stock opened at $562.74 on Friday. The company has a 50-day moving average of $393.19 and a two-hundred day moving average of $254.81. Lumentum Holdings Inc. has a 12-month low of $45.65 and a 12-month high of $603.83. The company has a current ratio of 0.61, a quick ratio of 0.45 and a debt-to-equity ratio of 0.06. The stock has a market cap of $40.18 billion, a PE ratio of 172.62 and a beta of 1.51.

Lumentum (NASDAQ:LITE) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.26. Lumentum had a return on equity of 17.27% and a net margin of 11.95%.The business had revenue of $665.50 million for the quarter, compared to analysts’ expectations of $646.74 million. During the same quarter in the prior year, the firm posted $0.42 EPS. The company’s revenue was up 65.5% compared to the same quarter last year. Lumentum has set its Q3 2026 guidance at 2.150-2.350 EPS. On average, research analysts anticipate that Lumentum Holdings Inc. will post 0.03 EPS for the current fiscal year.

Trending Headlines about Lumentum

Here are the key news stories impacting Lumentum this week:

• Positive Sentiment: Beat-and-raise quarter: Lumentum reported a large beat — non-GAAP EPS of $1.67 and revenue roughly $665.5M (up ~65% YoY) with an expanding optical circuit switch backlog and raised forward expectations, supporting the growth narrative for AI/data-center optics. Strong Earnings Momentum and Investor Optimism Lifted Lumentum Holdings (LITE) in Q4
• Positive Sentiment: AI/optics tailwinds and bullish media coverage are amplifying enthusiasm: multiple outlets highlight Lumentum as a key supplier for ultra-high-speed AI data links and project continued rapid revenue/earnings growth. Prediction: This Could Be the Best-Performing AI Chip Stock of 2026
• Positive Sentiment: Momentum trade and price action: LITE recently rallied on optics/AI rotation (coverage notes a near‑8% lift during the AI optics boom), which has attracted short‑term momentum buyers. Lumentum Leaps Nearly 8% During AI Optics Boom
• Neutral Sentiment: Analyst view vs. valuation: Analysts remain generally bullish on fundamentals and project sharp earnings growth, but some coverage flags valuation concerns — consensus targets in some places are below the current share price, suggesting limited upside for some investors. 3 High-Growth Unknowns in Photonics That Are Vital for AI
• Neutral Sentiment: Operational notes: Coverage mentions strong backlog but also some manufacturing/backend bottlenecks to navigate — a potential timing risk for shipment/gross-margin improvement. 3 High-Growth Unknowns in Photonics That Are Vital for AI
• Negative Sentiment: Large insider selling: Director Penny Herscher sold 4,000 shares (~$2.39M) on Feb. 12; the SEC Form 4 is filed. Insider sales of this size after a big run can signal profit-taking and increase selling pressure. Penny Herscher Form 4
• Negative Sentiment: Material insider sale by senior insider: Vincent Retort sold 45,026 shares (~$26.6M) on Feb. 12, reducing his holdings by ~30%. That large, public sale is likely contributing to downward pressure and investor caution. Vincent Retort Form 4

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its position in shares of Lumentum by 363.9% in the third quarter. EverSource Wealth Advisors LLC now owns 167 shares of the technology company’s stock valued at $27,000 after purchasing an additional 131 shares during the period. V Square Quantitative Management LLC acquired a new stake in Lumentum in the 4th quarter worth about $28,000. Triumph Capital Management purchased a new stake in Lumentum in the 4th quarter valued at about $30,000. Danske Bank A S acquired a new position in shares of Lumentum during the 3rd quarter valued at about $33,000. Finally, Harbour Investments Inc. lifted its holdings in shares of Lumentum by 675.0% during the 4th quarter. Harbour Investments Inc. now owns 93 shares of the technology company’s stock worth $34,000 after acquiring an additional 81 shares during the period. 94.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on LITE shares. Wall Street Zen lowered shares of Lumentum from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Morgan Stanley upped their price target on shares of Lumentum to $350.00 and gave the company an “equal weight” rating in a report on Friday, January 30th. UBS Group raised their price objective on shares of Lumentum from $215.00 to $455.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Raymond James Financial downgraded Lumentum from a “strong-buy” rating to an “outperform” rating and set a $220.00 price objective for the company. in a research report on Friday, October 31st. Finally, Stifel Nicolaus increased their target price on Lumentum to $480.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $444.94.

Lumentum Company Profile

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.