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Lumentum Holdings (NASDAQ:LITE) Stock, Insider Trading Activity
Lumentum Holdings: Insider buying and selling updated today.
What is Insider Activity?
Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.
What are Lumentum Holdings Inc Insiders Doing?
At Lumentum Holdings Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 25.34K shares worth $2.20M, meanwhile, insiders have report no purchases in the last 30 days.
Notable Recent Insider Buys and Sales
- On November 20, 2024, PENNY HERSCHER, the company's - sold 2.17K shares for $81.29 each.
- On November 14, 2024, Joseph Matthew Sepe, the company's CHIEF ACCOUNTING OFFICER sold 8.17K shares for $87.6 each.
- On November 14, 2024, HAROLD COVERT, the company's - sold 15K shares for $87.17 each.
Ownership Statistics for Lumentum Holdings Inc
Shares Outstanding
68.700M
Insider Shares Owned
1.222M
Insider Percentage Owned
1.78%
Institutional Shares Held
52.837M
Institutional Percentage Held
76.9%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
What are some examples of market manipulation?
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.
Browse insider trades on all stocks.