Ciena Corp (CIEN)
NYSE · Price as of · Delayed Quote
- Profitability20/20
Profitable and growing: $654.4M net income over the last four reported quarters, up from $140.9M the year before.
- Insider buying vs selling11/20
Insiders are sellers only: 17 sells worth $14.9M, no open-market buys, across the last 20 Form 4s. Routine executive selling is common, so this is only a mild negative. Separately, 2 new 5%+ stake disclosures (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offerings15/15
Share count up 0.5% in a year with no new offering filings. Minimal dilution.
- Analysts19
- Implied upside+57.0%
- Target range$325.00 to $660.00
CIEN closed at $321.00 on Sep 4, down 20.5% since Aug 6. Chart read: price below both the 50-day and 200-day moving averages; the 50-day is above the 200-day (uptrend structure); trading at 40% of the 52-week range ($116.69 to $627.00).
Insider buying and selling at Ciena Corp (CIEN)
The most recent Form 4 on record for Ciena Corp (CIEN) is August 14, 2026, when Marc D. Graff, SVP & Chief Financial Officer, sold $2.2M of stock. That sale ran under a pre-arranged 10b5-1 plan, so it was scheduled ahead of time rather than decided that week.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| Marc D. Graff · SVP & Chief Financial Officer | Sell | $2.2M | August 14, 2026 | Routine |
| Gary B Smith · President, CEO | Sell | $1.7M | June 1, 2026 | Routine |
| Gary B Smith · President, CEO | Sell | $1.7M | May 15, 2026 | Routine |
| David M Rothenstein · SVP and Chief Strategy Officer | Sell | $1.4M | May 15, 2026 | Routine |
| Gary B Smith · President, CEO | Sell | $1.6M | May 1, 2026 | Routine |
Filed notices to sell
A Form 144 is filed beforean insider sells restricted stock. The Form 4 reporting the completed trade isn't due until two business days after the sale, so these land first. They are intentions, not transactions.
| Insider | Value | Filed | Status | Type |
|---|---|---|---|---|
| Gage Brodie · Officer | $527,088 | August 17, 2026 | Executed | Routine |
| Rothenstein David M · Officer | $1.1M | August 14, 2026 | Executed | Routine |
| Graff Marc D. · Officer | $2.2M | August 14, 2026 | Executed | Routine |
| Gage Brodie · Officer | $538,980 | July 15, 2026 | Not yet reported | Routine |
| Rothenstein David M · Officer | $1.1M | July 15, 2026 | Not yet reported | Routine |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 10-Q | September 3, 2026 | 10-Q |
| SCHEDULE 13G/A | September 3, 2026 | View on EDGAR |
| 8-K | September 3, 2026 | 8-K |
| 4 | September 2, 2026 | PRIMARY DOCUMENT |
| 4 | August 18, 2026 | PRIMARY DOCUMENT |
| 4 | August 18, 2026 | PRIMARY DOCUMENT |
| 4 | August 18, 2026 | PRIMARY DOCUMENT |
| 4 | August 18, 2026 | PRIMARY DOCUMENT |
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Frequently asked questions
What do analysts expect for CIEN?
19 analysts cover Ciena Corp (CIEN). The consensus rating is Buy. The average price target is $504.13, in a range of $325.00 to $660.00.
Are insiders buying or selling CIEN?
We track Form 4 filings for Ciena Corp (CIEN). The activity listed on this page shows 5 qualifying sales. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Where can I see CIEN SEC filings?
Recent filings are listed on this page, newest first. The latest is a 10-Q filed September 3, 2026.