This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Insider Trading Alert - Ciena Corporation And 4 Others Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, Sept. 25, 2013, 72 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $92.40 to $20,698,125.00.

Highlighted Stocks Traded by Insiders:

Ciena Corporation (CIEN) - FREE Research Report

Smith Gary B who is President, Ceo at Ciena Corporation sold 15,557 shares at $24.76 on Sept. 25, 2013. Following this transaction, the President, Ceo owned 279,255 shares meaning that the stake was reduced by 5.28% with the 15,557 share transaction.

Alexander Stephen B who is Sr VP Chief Technology Officer at Ciena Corporation sold 4,118 shares at $25.32 on Sept. 25, 2013. Following this transaction, the Sr VP Chief Technology Officer owned 159,740 shares meaning that the stake was reduced by 2.51% with the 4,118 share transaction.

Petrik Andrew C who is Vp, Controller at Ciena Corporation sold 1,087 shares at $24.76 on Sept. 25, 2013. Following this transaction, the Vp, Controller owned 31,328 shares meaning that the stake was reduced by 3.35% with the 1,087 share transaction.

Moylan James E Jr who is SVP Finance, CFO at Ciena Corporation sold 4,884 shares at $24.76 on Sept. 25, 2013. Following this transaction, the SVP Finance, CFO owned 319,848 shares meaning that the stake was reduced by 1.5% with the 4,884 share transaction.

Frodsham James who is SR. VP, Chief Strategy Officer at Ciena Corporation sold 5,008 shares at $24.76 on Sept. 25, 2013. Following this transaction, the SR. VP, Chief Strategy Officer owned 125,507 shares meaning that the stake was reduced by 3.84% with the 5,008 share transaction.

Morin Philippe who is SVP, Global Field Organization at Ciena Corporation sold 7,312 shares at $24.76 on Sept. 25, 2013. Following this transaction, the SVP, Global Field Organization owned 193,697 shares meaning that the stake was reduced by 3.64% with the 7,312 share transaction.

Rothenstein David M who is Sr. VP, General Counsel at Ciena Corporation sold 3,855 shares at $24.76 on Sept. 25, 2013. Following this transaction, the Sr. VP, General Counsel owned 207,868 shares meaning that the stake was reduced by 1.82% with the 3,855 share transaction.

Dodd James Richard JR who is SVP, Global Marketing at Ciena Corporation sold 2,838 shares at $24.76 on Sept. 25, 2013. Following this transaction, the SVP, Global Marketing owned 89,365 shares meaning that the stake was reduced by 3.08% with the 2,838 share transaction.

Locoh-Donou Francois who is SVP, Global Products Group at Ciena Corporation sold 3,781 shares at $24.76 on Sept. 25, 2013. Following this transaction, the SVP, Global Products Group owned 194,015 shares meaning that the stake was reduced by 1.91% with the 3,781 share transaction.

The shares most recently traded at $25.11, up $0.35, or 1.38% since the insider transaction. Historical insider transactions for Ciena Corporation go as follows:

  • 4-Week # shares sold: 16,700
  • 12-Week # shares sold: 64,600
  • 24-Week # shares sold: 180,027

The average volume for Ciena Corporation has been 3.5 million shares per day over the past 30 days. Ciena Corporation has a market cap of $2.6 billion and is part of the technology sector and telecommunications industry. Shares are up 57.96% year to date as of the close of trading on Tuesday.

Ciena Corporation provides communications networking equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic worldwide. Currently there are 12 analysts that rate Ciena Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on CIEN - FREE

TheStreet Quant Ratings rates Ciena Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Ciena Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs