Insider Cluster (4 insiders) ·Filed May 15, 2026

LITE

Lumentum Holdings Inc.
NEUTRAL
Impact 3/10
Horizonimmediate Processed4mo ago
Insider cluster: 4 insiders, $6.6M total
Actionable Insight • Neutral

The cluster is too small to move the stock. Monitor for any earnings pre-announcement or M&A rumor that might explain the timing, but treat these sales as routine portfolio rebalancing. The CFO's tax withholding + open-market sale duo is a textbook vesting/liquidity pattern — no bearish read-through.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d ⚠ clustered
LITE ▲ +5.37% at T+60d
NEUTRAL call ✓ call won +5.37% · α vs SPY +0.52% · entry $884.98 → $932.47
Entry anchored
May 15, 04:50 PM ET
via exchange tick
T+1d
+0.58%
call +0.58% · α +1.23%
$890.09
settled 5mo ago
T+5d
+2.92%
call +2.92% · α +1.30%
$910.81
settled 4mo ago
T+20d
-1.09%
call -1.09% · α -2.67%
$875.36
settled 4mo ago
T+60d
+5.37%
call +5.37% · α +0.52%
$932.47
settled 7w ago

Price Chart

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Executive Summary

Four insiders sold a combined $6.58M worth of LITE shares in a one-week window, including the CFO's open-market sale of $2.4M and three directors selling similar-sized blocks. At $6.58M against a $68.9B market cap (0.01%), the dollar value is trivial — routine diversification, not a bearish signal. The CFO's concurrent tax-withholding transaction suggests the open-market sale followed a vesting event, further reducing informational content.

Key Financial Metrics

Direction
selling
Total Value
$6.6M
Insiders
4

Key Facts

  • 4 insiders sold $6.58M total over 7 days — CFO Ali Wajid sold $2.4M open-market on May 18 plus $2.8M in tax-withholding shares on May 15
  • Director Pamela Fletcher sold $3.1M across two transactions (May 14-15); directors Kim Jae, Brian Lillie, and Ian Small each sold $1.4-1.9M
  • Total insider sales represent ~0.01% of $68.9B market cap — well below the 0.1% triviality threshold
  • CFO's May 15 tax-withholding transaction (2,914 shares) preceded his May 18 open-market sale, consistent with post-vesting liquidity planning
  • Historical model calibration shows this score-3 cell has an observed positive-move rate below 50% in this segment, but the trivial dollar amount overrides any signal

Financial Impact

$6.58M aggregate insider sales against $68.9B market cap — 0.01% of float

floatinsider ownership

Risk Factors

  • If any of these insiders accelerate selling in the next 30 days, the pattern would bear closer watching
  • LITE's stock has been volatile (T+5 -15.96% after a recent neutral 2-score report); insider selling near a high could be opportunistic but remains immaterial at this scale

Market Snapshot

Exchange
Nasdaq
Sector
Communications Equipment, NEC
Analyst Consensus
80% bullish (30 analysts)

Investment Themes

Media & Telecom

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-LITE-1779235398800
23 reports for LITE
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+5▲ +11.38%Aug 26, 2026
Filters
Rows
Reports for LITE — sortable, filterable
TypeNow
Sep 15, 2026
16d ago
144
NEUTRAL ★ 2/10
$919.40 $937.00▲ +1.91%▼ −0.65%$1,051.61 (+14.38%)
Sep 4, 2026
27d ago
144
NEUTRAL ★ 2/10
$978.54 $838.96▼ −14.26%▼ −13.14%$1,051.61 (+7.47%)
Sep 4, 2026
28d ago
Insider Cluster
NEUTRAL ★ 3/10
$881.26 $835.03▼ −5.25%▼ −4.04%$1,051.61 (+19.33%)
Sep 3, 2026
28d ago
144
BEARISH ★ 5/10
$881.26 $835.03▲ +5.25%▲ +4.04%$1,051.61 (−19.33%)
Sep 2, 2026
29d ago
144
NEUTRAL ★ 2/10
$847.37 $927.03▲ +9.40%▲ +10.55%$1,051.61 (+24.10%)
Sep 2, 2026
4w ago
Insider Cluster
BEARISH ★ 5/10
$870.58 $935.70▼ −7.48%▼ −8.44%$1,051.61 (−20.79%)
Sep 1, 2026
4w ago
144
NEUTRAL ★ 2/10
$870.58 $935.70▲ +7.48%▲ +8.44%$1,051.61 (+20.79%)
Aug 31, 2026
4w ago
144
NEUTRAL ★ 2/10
$868.95 $988.98▲ +13.81%▲ +13.73%$1,051.61 (+21.02%)
Aug 28, 2026
4w ago
144
NEUTRAL ★ 2/10
$914.76 $978.54▲ +6.97%▲ +7.11%$1,051.61 (+14.96%)
Aug 26, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$956.14 $847.37▼ −11.38%▼ −11.64%$1,051.61 (+9.98%)
Showing 10 of 23

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Report published May 20, 2026