A Lumentum President Sells 1,500 Shares Worth $1.4 Million Amid a Soaring Stock Price
The manufacturer of optical and photonic components reported a notable insider sale as its stock surged 443% over past year.
Overview
Wupen Yuen, the President of Global Business Units at Lumentum Holdings Inc. (NASDAQ:LITE), sold 1,500 shares of common stock at $903.43 per share, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($903.43); post-transaction value based on September 18, 2026 market close ($930.91).
Details
Lumentum Holdings Inc. is a global leader in optical and photonic product manufacturing with a market cap of $83.5 billion. The company maintains a strategic position in the high-growth optical communications market, supplying essential components for next-generation telecommunications infrastructure and data center connectivity.
Source
Originally published at www.fool.com.