The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Lumentum Holdings Inc shares valued at $22,614 were sold by Wupen Yuen on May 16 ’25. At $77.98 per share, Wupen Yuen sold 290 shares. The insider’s holdings dropped to 81,297 shares worth approximately $6.13 million following the completion of this transaction.
Also, Wupen Yuen sold 289 shares, netting a total of over 21,929 in proceeds. Following the sale of shares at $75.88 each, the insider now holds 81,008 shares.
Before that, Kim Jae had sold 4,577 shares from its account. In a trade valued at $356,914, the SVP, GENERAL COUNSEL traded Lumentum Holdings Inc shares for $77.98 each. Upon closing the transaction, the insider’s holdings decreased to 4,577 shares, worth approximately $2.38 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 drop of approximately -0.71%. Over the course of the year, Lumentum Holdings Inc shares have dropped approximately -10.17%. 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.
Support And Resistance Levels for Lumentum Holdings Inc (LITE)
According to the 24-hour chart, there is a support level at 73.69, which, if violated, would cause prices to drop to 71.96. In the upper region, resistance lies at 78.57. The next price resistance is at 81.72. RSI (Relative Strength Index) is 61.35 on the 14-day chart, showing neutral technical sentiment.
