After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
Lumentum Holdings Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Communication Equipment industry. The current market capitalization of Lumentum Holdings Inc is $4.07B. A total of 2.24 million shares were traded on the day, compared to an average of 2.99M shares.
In the most recent transaction, Ali Wajid sold 2,172 shares of LITE for 78.34 per share on Feb 18 ’25. After the transaction, the EVP & CHIEF FINANCIAL OFFICER now owns 51,976 company shares. In a previous transaction on Feb 18 ’25, WAJID ALI bought 2,172 shares at 78.34 per share.
Among the insiders who bought shares, VINCENT D RETORT acquired of 35,153 shares on Jan 22 ’25 at a per-share price of $99.49. In another insider transaction, Ali Wajid sold 29,887 shares at $85.06 per share on Nov 29 ’24. Company shares held by the EVP & CHIEF FINANCIAL OFFICER now total 56,492.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LITE has a high of $104.00 and a low of $38.28.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LITE’s latest balance sheet shows that the firm has $2.55B in Cash & Short Term Investments as of fiscal 2022. There were $1.94B in debt and $716.50M in liabilities at the time. Its Book Value Per Share was $12.62, while its Total Shareholder’s Equity was $1.88B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LITE is Buy with a score of 4.38.
