In a filing, Lumentum Holdings Inc revealed 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 $21.43 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 $23.29 million.
Wolfe Research initiated its Lumentum Holdings Inc [LITE] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Northland Capital’s analysts, who increased its forecast for the stock in early April from “a Market perform” to “an Outperform”. Raymond James also remained covering LITE and has increased its forecast on March 24, 2025 with a “Strong buy” recommendation from previously “an Outperform” rating. Exane BNP Paribas revised its rating on March 11, 2025. It rated LITE as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of LITE
On Friday, Lumentum Holdings Inc [NASDAQ:LITE] saw its stock jump 0.40% to $92.99. Over the last five days, the stock has gained 0.26%. Lumentum Holdings Inc shares have risen nearly 66.53% since the year began. Nevertheless, the stocks have risen 10.77% 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 91.89, which if violated will result in even more drops to 90.80. On the upside, there is a resistance level at 94.12. A further resistance level may holdings at 95.25.
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.
