Lumentum Holdings Inc’s filing revealed that its EVP & CHIEF FINANCIAL OFFICER Ali Wajid unloaded Company’s shares for reported $0.19 million on Jun 04 ’25. In the deal valued at $83.58 per share,2,222 shares were sold. As a result of this transaction, Ali Wajid now holds 47,460 shares worth roughly $3.85 million.
Then, LOWE ALAN S sold 10,000 shares, generating $835,800 in total proceeds. Upon selling the shares at $83.58, the Director now owns 270,471 shares.
Before that, ALAN S. LOWE bought 10,000 shares. Lumentum Holdings Inc shares valued at $835,800 were divested by the Director at a price of $83.58 per share.
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 Friday, Lumentum Holdings Inc [NASDAQ:LITE] saw its stock fall -0.53% to $81.03. Over the last five days, the stock has gained 6.82%. Lumentum Holdings Inc shares have fallen nearly -3.48% since the year began. Nevertheless, the stocks have risen 78.48% 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. SMA at 50 days reached $65.68, while 200 days put it at $71.87.
Levels Of Support And Resistance For LITE Stock
The 24-hour chart illustrates a support level at 80.11, which if violated will result in even more drops to 78.77. On the upside, there is a resistance level at 83.13. A further resistance level may holdings at 84.80. The Relative Strength Index (RSI) on the 14-day chart is 66.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.90, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.73%. Stochastics %K at 75.32% indicates the stock is a holding.
