As Lumentum Stock Soars, a Company Insider Dumps Nearly 40,000 Shares Worth $33 Million
The manufacturer of optical and photonic products reported a notable insider sale as shares delivered a one-year return of more than 600%.
Overview
Vincent Retort, the Executive Vice President of Global Reliability and Quality at Lumentum Holdings Inc. (NASDAQ:LITE), sold 38,663 shares of common stock on August 25, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($852.59); post-transaction value based on August 25, 2026 market close ($885.57).
Details
Lumentum Holdings Inc. is a global leader in optical and photonic product manufacturing. The company leverages advanced manufacturing capabilities and proprietary optical technologies to serve the critical infrastructure needs of telecommunications and data center markets, positioning itself as an essential supplier in the digital communications ecosystem.
Source
Originally published at www.fool.com.