Lumentum CFO Sells $3.6M in Stock

Wajid Ali, the CFO of Lumentum, sold over 5,300 shares of the company's stock.

Mar. 2, 2026 at 6:55pm

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Lumentum Holdings Inc. (NASDAQ:LITE) CFO Wajid Ali sold 5,302 shares of the firm's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $691.13, for a total value of $3,664,371.26. Following the sale, Ali directly owned 66,287 shares in the company, valued at $45,812,934.31. The trade represented a 7.41% decrease in his position.

Why it matters

Insider transactions, such as stock sales by company executives, can provide insights into management's views on a company's prospects. While the sale represents a relatively small portion of Ali's overall holdings, it may signal that he believes Lumentum's stock price has reached a level where taking some profits is prudent.

The details

The sale was disclosed in a filing with the Securities & Exchange Commission. Lumentum is a leading provider of photonic technologies for high-speed optical communication networks and industrial applications. The company's core product portfolio includes laser transmitters, optical engines, and test and measurement instruments.

  • The stock sale occurred on Friday, February 27th, 2026.

The players

Wajid Ali

The Chief Financial Officer of Lumentum Holdings Inc.

Lumentum Holdings Inc.

A leading provider of photonic technologies for high-speed optical communication networks and industrial applications.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

This stock sale by Lumentum's CFO is a relatively small transaction, but it may signal that management believes the company's stock price has reached a level where taking some profits is prudent. Insider transactions can provide insights into a company's prospects, though they should be considered alongside other financial and operational data.