Lumentum (NASDAQ:LITE) Trading Down 4.9% – Here’s What Happened

02 Dec 2025, 14:35 by Doug Wharley · The Cerbat Gem

Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report)’s stock price fell 4.9% during mid-day trading on Tuesday . The stock traded as low as $310.35 and last traded at $302.3840. 1,121,521 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 3,071,653 shares. The stock had previously closed at $317.93.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on LITE shares. Bank of America upgraded Lumentum from an “underperform” rating to a “neutral” rating and raised their price target for the company from $78.00 to $135.00 in a research note on Wednesday, August 13th. KGI Securities initiated coverage on Lumentum in a research report on Monday, August 18th. They set an “outperform” rating on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Lumentum in a research report on Tuesday, November 25th. Barclays lifted their target price on Lumentum from $165.00 to $181.00 and gave the company an “equal weight” rating in a research note on Thursday, November 6th. Finally, Wall Street Zen lowered shares of Lumentum from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $202.50.

Read Our Latest Analysis on Lumentum

Lumentum Trading Down 2.5%

The company has a fifty day simple moving average of $206.41 and a 200-day simple moving average of $142.34. The company has a current ratio of 1.37, a quick ratio of 1.02 and a debt-to-equity ratio of 2.77. The company has a market capitalization of $21.97 billion, a PE ratio of 207.09 and a beta of 1.52.

Insiders Place Their Bets

In related news, SVP Jae Kim sold 170 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $246.00, for a total value of $41,820.00. Following the sale, the senior vice president owned 38,400 shares in the company, valued at $9,446,400. This represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Isaac Hosojiro Harris sold 7,200 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $243.32, for a total value of $1,751,904.00. Following the completion of the transaction, the director directly owned 9,764 shares of the company’s stock, valued at $2,375,776.48. The trade was a 42.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 28,612 shares of company stock valued at $7,317,398. 0.43% of the stock is owned by insiders.

Hedge Funds Weigh In On Lumentum

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Lumentum by 0.4% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 15,559 shares of the technology company’s stock worth $2,532,000 after acquiring an additional 64 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Lumentum by 11.2% during the third quarter. UMB Bank n.a. now owns 920 shares of the technology company’s stock valued at $150,000 after buying an additional 93 shares during the period. MAI Capital Management grew its stake in Lumentum by 27.0% in the 2nd quarter. MAI Capital Management now owns 452 shares of the technology company’s stock worth $43,000 after acquiring an additional 96 shares during the period. Louisiana State Employees Retirement System raised its holdings in Lumentum by 0.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 19,500 shares of the technology company’s stock valued at $1,854,000 after acquiring an additional 100 shares during the last quarter. Finally, KLP Kapitalforvaltning AS lifted its stake in shares of Lumentum by 0.7% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 15,171 shares of the technology company’s stock worth $2,468,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 94.05% of the company’s stock.

About Lumentum

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