CIENA Corp’s filing revealed that its SVP and Chief Strategy Officer Rothenstein David M unloaded Company’s shares for reported $0.23 million on Aug 15 ’25. In the deal valued at $90.60 per share,2,500 shares were sold. As a result of this transaction, Rothenstein David M now holds 193,128 shares worth roughly $17.67 million.
Then, Gage Brodie sold 350 shares, generating $31,829 in total proceeds. Upon selling the shares at $90.94, the SVP Global Products & Supply now owns 43,268 shares.
Before that, SMITH GARY B sold 6,800 shares. CIENA Corp shares valued at $615,639 were divested by the President, CEO at a price of $90.54 per share. As a result of the transaction, SMITH GARY B now holds 311,957 shares, worth roughly $28.54 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 Tuesday, CIENA Corp [NYSE:CIEN] saw its stock jump 0.83% to $91.49. Over the last five days, the stock has gained 3.06%. CIENA Corp shares have risen nearly 68.49% since the year began. Nevertheless, the stocks have risen 7.88% over the past one year. While a 52-week high of $101.44 was reached on 01/24/25, a 52-week low of $49.21 was recorded on 04/04/25.
Levels Of Support And Resistance For CIEN Stock
The 24-hour chart illustrates a support level at 90.59, which if violated will result in even more drops to 89.68. On the upside, there is a resistance level at 92.46. A further resistance level may holdings at 93.42.
How much short interest is there in CIENA Corp?
A steep rise in short interest was recorded in CIENA Corp stocks on 2025-08-15, growing by 8226.0 shares to a total of 5.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 5.43 million shares. There was a rise of 0.15%, which implies that there is a positive sentiment for the stock.
