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Tiger Global Management Sold Holding In Lumentum Hldgs Inc

BenzingaAug 14, 2026, 6:16 PMBenzinga Newsdesk

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benzinga
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Aug 14, 2026, 6:16 PM
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Aug 14, 2026, 6:16 PM
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Captured once, then retained as an archive reference
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  1. The Motley FoolAug 24, 2026, 10:29 AMJonathan Ponciano

    A Lumentum VP Just Parted With $10 Million in Stock. Here's What Long-Term Investors Should Know

    Vincent Retort, VP of global reliability and quality at Lumentum Holdings, sold 12,566 shares worth $10.7 million on August 19-20. The majority (10,083 shares) were withheld for tax obligations related to restricted stock unit vesting, while 2,483 shares were sold under a pre-arranged trading plan. Despite the sale, Retort retains 102,000 shares valued at $88.34 million. The transaction occurred as Lumentum recorded a 638% one-year return, with the company maintaining strong gross margins of 50.4% and focusing on expanding manufacturing capacity.

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