Sheela Kosaraju, the SVP and General Counsel of $CIEN, sold 1,381 shares of the company on 04-01-2025 for an estimated $83,564. We received data on the trade from a recent SEC filing. This was a sale of approximately 1.5% of their shares of this class of stock. Following this trade, they now own 91,998 shares of this class of $CIEN stock.
$CIEN Insider Trading Activity
$CIEN insiders have traded $CIEN stock on the open market 29 times in the past 6 months. Of those trades, 0 have been purchases and 29 have been sales.
Here’s a breakdown of recent trading of $CIEN stock by insiders over the last 6 months:
- GARY B SMITH (President, CEO) has made 0 purchases and 10 sales selling 47,600 shares for an estimated $3,865,461.
- BRUCE L. CLAFLIN sold 16,912 shares for an estimated $1,436,851
- DAVID M ROTHENSTEIN (SVP and Chief Strategy Officer) has made 0 purchases and 4 sales selling 13,000 shares for an estimated $961,485.
- JASON PHIPPS (SVP Global Sales and Marketing) sold 5,648 shares for an estimated $478,052
- DINO DIPERNA (SVP Global R&D) has made 0 purchases and 4 sales selling 4,184 shares for an estimated $364,087.
- JOSEPH CUMELLO (SVP, General Mgr. Blue Planet) has made 0 purchases and 3 sales selling 3,867 shares for an estimated $290,682.
- SHEELA KOSARAJU (SVP and General Counsel) has made 0 purchases and 2 sales selling 2,890 shares for an estimated $213,202.
- BRODIE GAGE (SVP Global Products & Supply) has made 0 purchases and 4 sales selling 1,400 shares for an estimated $114,474.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CIEN Hedge Fund Activity
We have seen 268 institutional investors add shares of $CIEN stock to their portfolio, and 216 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 3,554,224 shares (+401.7%) to their portfolio in Q4 2024, for an estimated $301,433,737
- PRICE T ROWE ASSOCIATES INC /MD/ added 3,062,883 shares (+195.9%) to their portfolio in Q4 2024, for an estimated $259,763,107
- ATREIDES MANAGEMENT, LP removed 2,144,259 shares (-96.6%) from their portfolio in Q4 2024, for an estimated $181,854,605
- VICTORY CAPITAL MANAGEMENT INC removed 1,494,811 shares (-79.9%) from their portfolio in Q4 2024, for an estimated $126,774,920
- ALYESKA INVESTMENT GROUP, L.P. removed 1,478,087 shares (-76.4%) from their portfolio in Q4 2024, for an estimated $125,356,558
- FIL LTD removed 1,239,171 shares (-46.2%) from their portfolio in Q4 2024, for an estimated $105,094,092
- POLAR CAPITAL HOLDINGS PLC added 1,154,260 shares (+113.7%) to their portfolio in Q4 2024, for an estimated $97,892,790
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CIEN Analyst Ratings
Wall Street analysts have issued reports on $CIEN in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley issued a "Buy" rating on 03/12/2025
- Barclays issued a "Overweight" rating on 03/12/2025
- Jefferies issued a "Buy" rating on 12/18/2024
- Needham issued a "Buy" rating on 12/13/2024
- Morgan Stanley issued a "Overweight" rating on 10/09/2024
To track analyst ratings and price targets for $CIEN, check out Quiver Quantitative's $CIEN forecast page.
$CIEN Price Targets
Multiple analysts have issued price targets for $CIEN recently. We have seen 6 analysts offer price targets for $CIEN in the last 6 months, with a median target of $82.5.
Here are some recent targets:
- An analyst from Needham set a target price of $90.0 on 03/12/2025
- Tim Long from Barclays set a target price of $100.0 on 03/12/2025
- George Notter from Jefferies set a target price of $105.0 on 12/18/2024
- Ruben Roy from Stifel Nicolaus set a target price of $75.0 on 10/09/2024
- Karl Ackerman from BNP Paribas set a target price of $67.0 on 10/09/2024
- Samik Chatterjee from J.P. Morgan set a target price of $65.0 on 10/07/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
