Ciena Corp (CIEN)
NYSE · Price as of · Nasdaq Real Time Price
- 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: 12 sells worth $8.4M, 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.
- Analysts20
- Implied upside+59.0%
- Target range$347.00 to $660.00
CIEN closed at $322.64 on Oct 22, down 9.3% since Sep 23. Chart read: price below both the 50-day and 200-day moving averages; the 50-day is below the 200-day (downtrend structure); trading at 33% of the 52-week range ($172.58 to $627.00).
Insider buying and selling at Ciena Corp (CIEN)
The most recent Form 4 on record for Ciena Corp (CIEN) is September 23, 2026, when Thomas Michael Nevens, Director, sold $1.3M of stock. Nothing in the filing ties this one to a pre-arranged plan, so it was the filer's own call.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| Thomas Michael Nevens · Director | Sell | $1.3M | September 23, 2026 | Worth a look |
| Marc D. Graff · SVP & Chief Financial Officer | Sell | $2.2M | August 14, 2026 | Routine |
| Gary B Smith · President, CEO | Sell | $1.3M | August 17, 2026 | Routine |
| Gary B Smith · President, CEO | Sell | $1.2M | July 15, 2026 | Routine |
| Gary B Smith · President, CEO | Sell | $1.4M | July 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 | $412,896 | October 15, 2026 | Executed | Routine |
| Rothenstein David M · Officer | $899,000 | October 15, 2026 | Executed | Routine |
| DiPerna Dino · Officer | $308,866 | October 15, 2026 | Executed | Routine |
| Graff Marc D. · Officer | $34,127 | October 1, 2026 | Not yet reported | Routine |
| Kosaraju Sheela · Officer | $746,254 | October 1, 2026 | Executed | Routine |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 4 | October 19, 2026 | PRIMARY DOCUMENT |
| 4 | October 19, 2026 | PRIMARY DOCUMENT |
| 4 | October 19, 2026 | PRIMARY DOCUMENT |
| 4 | October 19, 2026 | PRIMARY DOCUMENT |
| 144 | October 15, 2026 | View on EDGAR |
| 144 | October 15, 2026 | View on EDGAR |
| 144 | October 15, 2026 | View on EDGAR |
| 144 | October 15, 2026 | View on EDGAR |
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Frequently asked questions
What do analysts expect for CIEN?
20 analysts cover Ciena Corp (CIEN). The consensus rating is Buy. The average price target is $512.99, in a range of $347.00 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 4 filed October 19, 2026.