Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Lumentum Holdings Inc shares valued at $185,715 were sold by Ali Wajid on Jun 04 ’25. At $83.58 per share, Ali Wajid sold 2,222 shares. The insider’s holdings dropped to 47,460 shares worth approximately $4.06 million following the completion of this transaction.
Also, LOWE ALAN S sold 10,000 shares, netting a total of over 835,800 in proceeds. Following the sale of shares at $83.58 each, the insider now holds 270,471 shares.
Before that, ALAN S. LOWE had added 10,000 shares to its account. In a trade valued at $835,800, the Director bought Lumentum Holdings Inc shares for $83.58 each.
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 4.73%. Over the course of the year, Lumentum Holdings Inc shares have jumped approximately 1.85%. 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 82.86, which, if violated, would cause prices to drop to 80.22. In the upper region, resistance lies at 87.28. The next price resistance is at 89.06. RSI (Relative Strength Index) is 72.95 on the 14-day chart, showing overbought technical sentiment.
