Ciena (CIEN) - FREE Research Report

Moylan James E Jr, who is SVP Finance, CFO at Ciena, sold 1,000 shares at $20.40 on April 24, 2014. Following this transaction, the SVP Finance, CFO owned 376,261 shares meaning that the stake was reduced by 0.27% with the 1,000-share transaction.

The shares most recently traded at $20.94, up $0.54, or 2.58% since the insider transaction. Historical insider transactions for Ciena go as follows:

  • 4-Week # shares sold: 17,237
  • 12-Week # shares sold: 117,531
  • 24-Week # shares sold: 360,710

The average volume for Ciena has been 4.3 million shares per day over the past 30 days. Ciena has a market cap of $2.2 billion and is part of the technology sector and telecommunications industry. Shares are down 10.86% year-to-date as of the close of trading on Thursday.

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 15 analysts who rate Ciena a buy, no analysts rate it a sell, and 4 rate it a hold.

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

TheStreet Quant Ratings rates Ciena as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Ciena 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.

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