CIENA Corp’s recent filing unveils that its President, CEO SMITH GARY B unloaded Company’s shares for reported $0.56 million on Jul 15 ’25. In the deal valued at $82.23 per share,6,800 shares were sold. As a result of this transaction, SMITH GARY B now holds 325,557 shares worth roughly $27.83 million.
Then, Rothenstein David M sold 2,500 shares, generating $205,524 in total proceeds. Upon selling the shares at $82.21, the SVP and Chief Strategy Officer now owns 195,628 shares.
Before that, DiPerna Dino sold 734 shares. CIENA Corp shares valued at $60,606 were divested by the SVP Global R&D at a price of $82.57 per share. As a result of the transaction, DiPerna Dino now holds 43,388 shares, worth roughly $3.71 million.
Morgan Stanley downgraded its CIENA Corp [CIEN] rating to an Underweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Northland Capital’s analysts, who increased its forecast for the stock in mid March from “a Market perform” to “an Outperform”. JP Morgan also remained covering CIEN and has increased its forecast on January 28, 2025 with a “an Overweight” recommendation from previously “Neutral” rating. BofA Securities revised its rating on December 13, 2024. It rated CIEN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CIEN
On Monday, CIENA Corp [NYSE:CIEN] saw its stock jump 0.58% to $85.47. Over the last five days, the stock has gained 4.97%. CIENA Corp shares have risen nearly 69.52% since the year began. Nevertheless, the stocks have risen 0.78% over the past one year.
How much short interest is there in CIENA Corp?
A steep rise in short interest was recorded in CIENA Corp stocks on 2025-06-13, growing by 0.97 million shares to a total of 4.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.9 million shares. There was a rise of 19.93%, which implies that there is a positive sentiment for the stock.
