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The price of Lumentum Holdings Inc (NASDAQ: LITE) closed at $77.76 in the last session, down -0.68% from day before closing price of $78.29. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 2.52 million shares were traded.
Ratios:
We take a closer look at LITE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.53 and its Current Ratio is at 4.72. In the meantime, Its Debt-to-Equity ratio is 2.97 whereas as Long-Term Debt/Eq ratio is at 2.94.
On March 24, 2025, Raymond James Upgraded its rating to Strong Buy which previously was Outperform and also lowered its target price recommendation from $96 to $82.
Exane BNP Paribas Upgraded its Neutral to Outperform on March 11, 2025, while the target price for the stock was maintained at $92.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 15 ’25 when Wupen Yuen sold 4,716 shares for $76.87 per share. The transaction valued at 362,519 led to the insider holds 82,957 shares of the business.
Wupen Yuen sold 4,426 shares of LITE for $331,684 on May 14 ’25. The PRESIDENT, CLOUD & NETWORKING now owns 87,673 shares after completing the transaction at $74.94 per share. On May 13 ’25, another insider, Wupen Yuen, who serves as the PRESIDENT, CLOUD & NETWORKING of the company, sold 4,426 shares for $71.80 each. As a result, the insider received 317,787 and left with 92,099 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.66 while its Price-to-Book (P/B) ratio in mrq is 6.14.
Stock Price History:
Over the past 52 weeks, LITE has reached a high of $104.00, while it has fallen to a 52-week low of $38.28. The 50-Day Moving Average of the stock is 26.10%, while the 200-Day Moving Average is calculated to be 12.02%.
Shares Statistics:
A total of 69.40M shares are outstanding, with a floating share count of 66.16M. Insiders hold about 4.66% of the company’s shares, while institutions hold 110.96% stake in the company.
