Lumen Technologies Pick of the Week at Smart Insider Following CEO Johnson's Stock Purchase

MT Newswires Live
Feb 10

Lumen Technologies (LUMN) was Smart Insider's stock pick of the week after President and Chief Executive Kate Johnson acquired $500,000 worth of company shares at $6.35 apiece on Feb. 5.

Johnson now owns $79 million worth of company shares and is "likely under no pressure" to increase her stake, Smart Insider said in a Tuesday note.

The CEO is now buying at a higher price, but the stock is trading at a price "well above" her last purchase, according to the note. Johnson bought $1 million Lumen shares in November 2023 at $0.97, $1 million shares in May 2024 at $1.28, and $500,000 shares in August 2025 at$3.69, according to the note.

Smart Insider renewed the stock to +1, or strong positive signal, on Feb. 6.

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