Lumentum Holdings Inc’s recent filing unveils that its Director LOWE ALAN S unloaded Company’s shares for reported $1.87 million on Jun 26 ’25. In the deal valued at $93.47 per share,20,000 shares were sold. As a result of this transaction, LOWE ALAN S now holds 230,471 shares worth roughly $20.99 million.
Then, ALAN S. LOWE bought 20,000 shares, generating $1,869,400 in total proceeds.
Before that, LOWE ALAN S sold 20,000 shares. Lumentum Holdings Inc shares valued at $1,769,400 were divested by the Director at a price of $88.47 per share. As a result of the transaction, LOWE ALAN S now holds 250,471 shares, worth roughly $22.81 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 -1.80% to $91.08. Over the last five days, the stock has lost -3.87%. Lumentum Holdings Inc shares have risen nearly 68.85% since the year began. Nevertheless, the stocks have risen 8.49% over the past one year. While a 52-week high of $104.00 was reached on 01/22/25, a 52-week low of $38.28 was recorded on 04/04/25.
Levels Of Support And Resistance For LITE Stock
The 24-hour chart illustrates a support level at 89.78, which if violated will result in even more drops to 88.47. On the upside, there is a resistance level at 92.43. A further resistance level may holdings at 93.78.
How much short interest is there in Lumentum Holdings Inc?
A steep rise in short interest was recorded in Lumentum Holdings Inc stocks on 2025-06-13, dropping by -1.13 million shares to a total of 11.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 12.31 million shares. There was a decline of -10.06%, which implies that there is a negative sentiment for the stock.
