These sales are routine and immaterial. The company's fundamentals are exceptionally strong with record revenue, expanding margins, and raised guidance. Traders should focus on the Q4 FY2026 earnings report in early August for any signs of demand sustainability in the AI/cloud optical components cycle.
Price Chart
Executive Summary
Two Lumentum insiders (SVP/General Counsel and a Director) sold a combined $3.24M in open-market shares on May 11, 2026, just one week after the company reported record Q3 FY2026 earnings with 90% YoY revenue growth and raised Q4 guidance. The sales represent ~0.004% of the $81.9B market cap, a trivial amount that is routine portfolio diversification following a massive stock run-up, not a signal of deteriorating fundamentals.
Key Financial Metrics
Key Facts
- Two insiders sold a total of 3,402 shares for $3.24M on May 11, 2026.
- Sales represent only ~0.004% of Lumentum's $81.9B market cap.
- Sales occurred 6 days after Lumentum reported record Q3 FY2026 revenue of $808.4M (+90% YoY) and raised Q4 guidance to $960M-$1.01B.
- Both sales were at $950.99 per share, near the stock's recent highs.
- No insider buying was reported in the cluster.
Financial Impact
Total insider sales of $3.24M, negligible relative to $81.9B market cap.
Risk Factors
- Insider selling could accelerate if the stock continues to rally, but this is normal profit-taking.
- The 90% YoY revenue growth rate is unsustainable long-term; a growth deceleration could pressure the stock.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LITE-1778627225029 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | 144 | $919.40 $937.00 | ▲ +1.91% | ▼ −0.65% | $1,051.61 (+14.38%) |
Sep 4, 2026 27d ago | 144 | $978.54 $838.96 | ▼ −14.26% | ▼ −13.14% | $1,051.61 (+7.47%) |
Sep 4, 2026 28d ago | Insider Cluster | $881.26 $835.03 | ▼ −5.25% | ▼ −4.04% | $1,051.61 (+19.33%) |
Sep 3, 2026 28d ago | 144 | $881.26 $835.03 | ▲ +5.25% | ▲ +4.04% | $1,051.61 (−19.33%) |
Sep 2, 2026 29d ago | 144 | $847.37 $927.03 | ▲ +9.40% | ▲ +10.55% | $1,051.61 (+24.10%) |
Sep 2, 2026 4w ago | Insider Cluster | $870.58 $935.70 | ▼ −7.48% | ▼ −8.44% | $1,051.61 (−20.79%) |
Sep 1, 2026 4w ago | 144 | $870.58 $935.70 | ▲ +7.48% | ▲ +8.44% | $1,051.61 (+20.79%) |
Aug 31, 2026 4w ago | 144 | $868.95 $988.98 | ▲ +13.81% | ▲ +13.73% | $1,051.61 (+21.02%) |
Aug 28, 2026 4w ago | 144 | $914.76 $978.54 | ▲ +6.97% | ▲ +7.11% | $1,051.61 (+14.96%) |
Aug 26, 2026 5w ago | Insider Cluster | $956.14 $847.37 | ▼ −11.38% | ▼ −11.64% | $1,051.61 (+9.98%) |
US Market Status
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