Lumentum(US:LITE) Benzinga·2025-12-05 15:01Core Insights - Significant investors have adopted a bullish stance on Lumentum Holdings (NASDAQ:LITE), indicating potential upcoming developments [1][2] - The overall sentiment among large traders is predominantly bullish, with 68% bullish and 12% bearish positions observed [3] Options Activity - A total of 16 uncommon options trades were identified for Lumentum Holdings, with 11 calls amounting to $1,991,874 and 5 puts totaling $183,595 [2][3] - The significant investors are targeting a price range for Lumentum Holdings between $92.5 and $400.0 over the past three months [4] Volume and Open Interest - An analysis of volume and open interest reveals crucial insights into the liquidity and interest levels for Lumentum Holdings' options, particularly within the strike price range of $92.5 to $400.0 [5] Company Overview - Lumentum Holdings Inc is a California-based technology firm specializing in optical and photonic products, including telecommunications components and commercial lasers [10] - The company generates most of its revenue from the Optical Communications segment, which supports various carrier networks [10] Analyst Ratings - Recent expert ratings on Lumentum Holdings indicate an average target price of $291.2, with several analysts maintaining bullish ratings and target prices ranging from $280 to $380 [12][13] Current Market Position - Lumentum Holdings is currently trading at $339.5, reflecting a 3.55% increase, with a trading volume of 842,339 [15]