Lumentum(US:LITE) Benzinga·2025-12-02 15:01Core Insights - Significant investors have adopted a bearish stance on Lumentum Holdings, as indicated by recent options trading activity [1][2] - The overall sentiment among large traders is mixed, with 27% bullish and 33% bearish positions [3] - The trading activity suggests a price target range for Lumentum Holdings between $40.0 and $450.0 over the past three months [4] Options Trading Activity - A total of 18 uncommon options trades were detected for Lumentum Holdings, with 4 puts totaling $118,280 and 14 calls amounting to $5,917,460 [3] - The average open interest for options stands at 247.92, with total volume reaching 703.00 [5] Company Overview - Lumentum Holdings Inc is a California-based technology firm specializing in optical and photonic products, primarily in telecommunications and commercial lasers [10] - The company generates most of its revenue from the Optical Communications segment, which includes a variety of components and subsystems for carrier networks [10] Market Ratings - Five market experts have issued ratings for Lumentum Holdings, with a consensus target price of $233.6 [12] - Analysts from Mizuho, Barclays, Rosenblatt, B. Riley Securities, and Needham have provided target prices ranging from $147 to $325 [13] Current Market Performance - Lumentum Holdings is currently trading at $320.78, reflecting a 0.9% increase in volume of 525,891 [15]