Lumentum Holdings Inc’s recent filing unveils that its PRESIDENT, CLOUD & NETWORKING Wupen Yuen unloaded Company’s shares for reported $22614.0 on May 16 ’25. In the deal valued at $77.98 per share,290 shares were sold. As a result of this transaction, Wupen Yuen now holds 81,297 shares worth roughly $6.33 million.
Then, Wupen Yuen sold 289 shares, generating $21,929 in total proceeds. Upon selling the shares at $75.88, the PRESIDENT, CLOUD & NETWORKING now owns 81,008 shares.
Before that, Kim Jae sold 4,577 shares. Lumentum Holdings Inc shares valued at $356,914 were divested by the SVP, GENERAL COUNSEL at a price of $77.98 per share. As a result of the transaction, Kim Jae now holds 31,534 shares, worth roughly $2.46 million.
Northland Capital upgraded its Lumentum Holdings Inc [LITE] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in late March from “an Outperform” to “a Strong buy”. Exane BNP Paribas also remained covering LITE and has increased its forecast on March 11, 2025 with a “an Outperform” recommendation from previously “Neutral” rating.
Price Performance Review of LITE
On Monday, Lumentum Holdings Inc [NASDAQ:LITE] saw its stock fall -0.10% to $77.87. Over the last five days, the stock has gained 8.56%. Lumentum Holdings Inc shares have fallen nearly -7.24% since the year began. Nevertheless, the stocks have risen 70.32% over the past one year.
How much short interest is there in Lumentum Holdings Inc?
A steep rise in short interest was recorded in Lumentum Holdings Inc stocks on 2025-04-30, dropping by -0.12 million shares to a total of 10.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 10.39 million shares. There was a decline of -1.17%, which implies that there is a negative sentiment for the stock.
