Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CIENA Corp shares valued at $504,458 were sold by SMITH GARY B on Jun 16 ’25. At $74.19 per share, SMITH GARY B sold 6,800 shares. The insider’s holdings dropped to 348,480 shares worth approximately $28.4 million following the completion of this transaction.
Also, Rothenstein David M sold 2,500 shares, netting a total of over 185,328 in proceeds. Following the sale of shares at $74.13 each, the insider now holds 199,870 shares.
Before that, Gage Brodie had sold 350 shares from its account. In a trade valued at $25,410, the SVP Global Products & Supply traded CIENA Corp shares for $72.60 each. Upon closing the transaction, the insider’s holdings decreased to 350 shares, worth approximately $3.74 million.
As published in a research note from Northland Capital on March 12, 2025, CIENA Corp [CIEN] has been rated up from a Market perform to an Outperform and the price target has been revised to $75. Analysts at JP Morgan upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in late January. As of December 13, 2024, BofA Securities has increased its “Neutral” rating to a “Buy” for CIEN. Earlier on October 28, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Equal-weight” for CIEN stock which previously was a “an Overweight”.
Analyzing CIEN Stock Performance
On last trading session,, CIENA Corp [NYSE: CIEN] rose 2.62% to $81.51. The stock’s lowest price that day was $79.786, but it reached a high of $82.45 in the same session. During the last five days, there has been a surge of approximately 10.42%. Over the course of the year, CIENA Corp shares have jumped approximately 73.02%. Shares of the company reached a 52-week high of $101.44 on 01/24/25 and a 52-week low of $49.21 on 04/04/25.
Support And Resistance Levels for CIENA Corp (CIEN)
According to the 24-hour chart, there is a support level at 80.05, which, if violated, would cause prices to drop to 78.58. In the upper region, resistance lies at 82.71. The next price resistance is at 83.91. RSI (Relative Strength Index) is 64.41 on the 14-day chart, showing neutral technical sentiment.
Is CIENA Corp subject to short interest?
Stocks of CIENA Corp saw a sharp rise in short interest on 2025-06-13 jumping by 0.97 million shares to 4.87 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 3.9 million shares. A jump of 19.93% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.05 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.05.
Which companies own the most shares of CIENA Corp (CIEN)?
In terms of CIENA Corp share price expectations, FactSet research, analysts set an average price target of 90 in the next 12 months, up nearly 13.31% from the previous closing price of $79.43. Analysts anticipate CIENA Corp stock to reach 100 by 2025, with the lowest price target being 85. In spite of this, 21 analysts ranked CIENA Corp stock as Buy at the end of 2025. On October 15, 2024, Evercore ISI assigned a price target of “an In-line” to the stock and downgraded coverage with a $65.
