CIENA Corp’s recently made public that its President, CEO SMITH GARY B unloaded Company’s shares for reported $0.6 million on Aug 01 ’25. In the deal valued at $88.82 per share,6,800 shares were sold. As a result of this transaction, SMITH GARY B now holds 318,757 shares worth roughly $29.77 million.
Then, SMITH GARY B sold 6,800 shares, generating $559,150 in total proceeds. Upon selling the shares at $82.23, the President, CEO now owns 325,557 shares.
Before that, Rothenstein David M sold 2,500 shares. CIENA Corp shares valued at $205,524 were divested by the SVP and Chief Strategy Officer at a price of $82.21 per share. As a result of the transaction, Rothenstein David M now holds 195,628 shares, worth roughly $18.27 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 fall -1.77% to $93.38. Over the last five days, the stock has gained 0.77%. CIENA Corp shares have risen nearly 100.64% since the year began. Nevertheless, the stocks have risen 10.10% over the past one year. While a 52-week high of $101.44 was reached on 01/24/25, a 52-week low of $47.96 was recorded on 04/04/25.
Levels Of Support And Resistance For CIEN Stock
The 24-hour chart illustrates a support level at 92.46, which if violated will result in even more drops to 91.53. On the upside, there is a resistance level at 95.01. A further resistance level may holdings at 96.63.
How much short interest is there in CIENA Corp?
A steep rise in short interest was recorded in CIENA Corp stocks on 2025-07-15, growing by 0.56 million shares to a total of 5.43 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 4.87 million shares. There was a rise of 10.37%, which implies that there is a positive sentiment for the stock.
