LITE
Lumentum Holdings Inc. · Technology · Communication Equipment
$1,085.42
+3.79% today · +15.27% 1W
Oct 2 close or latest
PreviewWhy it's moving
Analyst target raises behind the outperformance
- LITE +3.79% on the last session vs SPY +0.74%: +3.1 pts of stock-specific move.
- Aftermath, 52-week high (Oct 2): After its 12 new 52-week highs in the past 5 years, LITE typically gained 16.9% over the next month (median) and was higher 83% of the time; half the outcomes fell between +4.3% and +24.6%. An ordinary month: +2.7%. Among S&P 500 stocks after new 52-week highs, that ranks #93 of 480.
- 2 analyst actions in the past 10 days (1 positive, 0 negative); latest: Citigroup maintained Buy, raised target $1,200 → $1,400.
- 7 insider or congressional trades in the past 30 days.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
Assembled from Wallsti's own signals.
Key facts
- Market cap
- $97.4B
- Held by institutions
- 94.3%
- Short interest
- 7.9%
- 52-week range
- 147.81–1,091.61
- Analyst mean target
- $1,159.40
- Next earnings
- Nov 5 est.
- Forward P/E
- 31.3
Recent events
Insider ▼
Wajid Ali (EVP & CHIEF FINANCIAL OFFICER) sold 24,542 shares ($25.7M) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingAnalyst
Bernstein started coverage at Outperform, target $1,220Insider ▼
Yuen Wupen (PRESIDENT, GLOBAL BUS. UNITS) sold 807 shares ($764.4K) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingAnalyst ▲
Citigroup maintained Buy, raised target $1,200 → $1,400Insider ▼
Yuen Wupen (PRESIDENT, GLOBAL BUS. UNITS) sold 1,000 shares ($928.4K) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingInsider ▼
Yuen Wupen (PRESIDENT, GLOBAL BUS. UNITS) sold 1,500 shares ($1.4M) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingAnalyst
Rosenblatt maintained Buy, target $1,300Insider ▼
Yuen Wupen (PRESIDENT, GLOBAL BUS. UNITS) sold 1,500 shares ($1.4M) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingInsider ▼
Yuen Wupen (PRESIDENT, GLOBAL BUS. UNITS) sold 1,500 shares ($1.3M) under a pre-arranged 10b5-1 plan 10b5-1 plan · filingInsider ▼
Yuen Wupen (PRESIDENT, GLOBAL BUS. UNITS) sold 1,500 shares ($1.4M) under a pre-arranged 10b5-1 plan 10b5-1 plan · filing