Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Lumentum Holdings Inc shares valued at $362,519 were sold by Wupen Yuen on May 15 ’25. At $76.87 per share, Wupen Yuen sold 4,716 shares. The insider’s holdings dropped to 82,957 shares worth approximately $6.45 million following the completion of this transaction.
Also, Wupen Yuen sold 4,426 shares, netting a total of over 331,684 in proceeds. Following the sale of shares at $74.94 each, the insider now holds 87,673 shares.
Before that, Wupen Yuen had sold 4,426 shares from its account. In a trade valued at $317,787, the PRESIDENT, CLOUD & NETWORKING traded Lumentum Holdings Inc shares for $71.80 each. Upon closing the transaction, the insider’s holdings decreased to 4,426 shares, worth approximately $7.16 million.
As published in a research note from Northland Capital on April 07, 2025, Lumentum Holdings Inc [LITE] has been rated up from a Market perform to an Outperform. Analysts at Raymond James upgraded the stock from ‘”an Outperform”‘ to ‘”a Strong buy”‘ outlook in a report released in late March. As of March 11, 2025, Exane BNP Paribas has increased its “Neutral” rating to a “an Outperform” for LITE.
Analyzing LITE Stock Performance
During the last five days, there has been a surge of approximately 18.43%. Over the course of the year, Lumentum Holdings Inc shares have dropped approximately -7.37%. Shares of the company reached a 52-week high of $104.00 on 01/22/25 and a 52-week low of $45.65 on 04/04/25. A 50-day SMA is recorded $61.67, while a 200-day SMA reached $69.42.
Support And Resistance Levels for Lumentum Holdings Inc (LITE)
According to the 24-hour chart, there is a support level at 76.54, which, if violated, would cause prices to drop to 75.32. In the upper region, resistance lies at 78.99. The next price resistance is at 80.22. RSI (Relative Strength Index) is 72.52 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 10.42, which suggests the price will increase in the coming days. Percent R is at 5.59%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.