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Insider Sale: Director at $LITE Sells 4,849 Shares

Automated

PENNY HERSCHER, a director at $LITE, sold 4,849 shares of the company on 02-06-2026 for an estimated $2,596,541. We received data on the trade from a recent SEC filing. This was a sale of approximately 44.5% of their shares of this class of stock. Following this trade, they now own 6,057 shares of this class of $LITE stock.

$LITE Insider Trading Activity

LITE Insider Trades

$LITE insiders have traded $LITE stock on the open market 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 have been sales.

Here’s a breakdown of recent trading of $LITE stock by insiders over the last 6 months:

  • JULIA SUZANNE JOHNSON has made 0 purchases and 2 sales selling 11,250 shares for an estimated $2,852,727.
  • PENNY HERSCHER sold 4,849 shares for an estimated $2,596,541
  • YUEN WUPEN (PRESIDENT, GLOBAL BUS. UNITS) has made 0 purchases and 9 sales selling 12,636 shares for an estimated $1,854,247.
  • ISAAC HOSOJIRO HARRIS sold 7,200 shares for an estimated $1,751,904
  • PAMELA FLETCHER has made 0 purchases and 2 sales selling 4,000 shares for an estimated $1,080,512.
  • MATTHEW JOSEPH SEPE (CHIEF ACCOUNTING OFFICER) sold 4,232 shares for an estimated $1,014,103
  • JAE KIM (SVP, GENERAL COUNSEL) has made 0 purchases and 5 sales selling 6,956 shares for an estimated $994,874.
  • WAJID ALI (EVP & CHIEF FINANCIAL OFFICER) has made 0 purchases and 2 sales selling 4,748 shares for an estimated $572,961.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$LITE Hedge Fund Activity

We have seen 372 institutional investors add shares of $LITE stock to their portfolio, and 289 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • POINTSTATE CAPITAL LP removed 2,532,821 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $412,115,304
  • CAPITAL WORLD INVESTORS removed 1,680,470 shares (-29.3%) from their portfolio in Q3 2025, for an estimated $273,429,273
  • HOOD RIVER CAPITAL MANAGEMENT LLC removed 1,607,634 shares (-72.9%) from their portfolio in Q3 2025, for an estimated $261,578,128
  • INVESCO LTD. removed 1,593,406 shares (-41.6%) from their portfolio in Q3 2025, for an estimated $259,263,090
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,545,199 shares (+8579.2%) to their portfolio in Q3 2025, for an estimated $251,419,329
  • UBS GROUP AG added 1,198,920 shares (+312.6%) to their portfolio in Q4 2025, for an estimated $441,909,922
  • ATREIDES MANAGEMENT, LP removed 1,100,601 shares (-62.6%) from their portfolio in Q3 2025, for an estimated $179,078,788

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$LITE Revenue

LITE Quarterly Revenue

$LITE had revenues of $665.5M in Q2 2026. This is an increase of 65.46% from the same period in the prior year.

You can track LITE financials on Quiver Quantitative's LITE stock page.

$LITE Analyst Ratings

Wall Street analysts have issued reports on $LITE in the last several months. We have seen 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

  • Needham issued a "Buy" rating on 02/04/2026
  • Susquehanna issued a "Positive" rating on 02/04/2026
  • Mizuho issued a "Outperform" rating on 02/04/2026
  • JP Morgan issued a "Overweight" rating on 02/04/2026
  • Stifel issued a "Buy" rating on 02/04/2026
  • Rosenblatt issued a "Buy" rating on 11/24/2025
  • Citigroup issued a "Buy" rating on 08/29/2025

To track analyst ratings and price targets for $LITE, check out Quiver Quantitative's $LITE forecast page.

$LITE Price Targets

Multiple analysts have issued price targets for $LITE recently. We have seen 12 analysts offer price targets for $LITE in the last 6 months, with a median target of $525.5.

Here are some recent targets:

  • Tom O'Malley from Barclays set a target price of $475.0 on 02/05/2026
  • Papa Sylla from Citigroup set a target price of $560.0 on 02/05/2026
  • Mike Genovese from Rosenblatt set a target price of $580.0 on 02/04/2026
  • Ryan Koontz from Needham set a target price of $550.0 on 02/04/2026
  • Christopher Rolland from Susquehanna set a target price of $550.0 on 02/04/2026
  • Samik Chatterjee from JP Morgan set a target price of $565.0 on 02/04/2026
  • Dave Kang from B. Riley Securities set a target price of $526.0 on 02/04/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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