Ciena Corp (CIEN)
NYSE · Price as of · Delayed Quote
- Profitability20/20
Profitable and growing: $438.3M net income over the last four reported quarters, up from $127.6M the year before.
- Insider buying vs selling11/20
Insiders are sellers only: 16 sells worth $13.8M, 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 0.1% in a year with no new offering filings. Minimal dilution.
- Analysts19
- Implied upside+47.3%
- Target range$270.00 to $720.00
- EPS expected$1.72 +157%
- A year ago$0.67
- Revenue expected$1.63B +34%
- Estimate range$1.68 to $1.76
CIEN closed at $378.44 on Aug 28, up 1.7% since Jul 30. Chart read: price above the 200-day moving average but below the 50-day; the 50-day is above the 200-day (uptrend structure); trading at 53% of the 52-week range ($93.59 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 |
|---|---|---|
| 4 | August 18, 2026 | PRIMARY DOCUMENT |
| 4 | August 18, 2026 | PRIMARY DOCUMENT |
| 4 | August 18, 2026 | PRIMARY DOCUMENT |
| 4 | August 18, 2026 | PRIMARY DOCUMENT |
| 144 | August 17, 2026 | View on EDGAR |
| 144 | August 14, 2026 | View on EDGAR |
| 144 | August 14, 2026 | View on EDGAR |
| SCHEDULE 13G/A | August 6, 2026 | View on EDGAR |
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Frequently asked questions
When does CIEN report earnings?
Ciena Corp (CIEN) is scheduled to report quarterly results on September 3, 2026, before the open. The 16-analyst consensus is $1.72 per share on revenue of $1.63B for the quarter ended July 31, 2026, against $0.67 and $1.22B a year earlier. It has beaten the consensus EPS estimate in all four of the last four quarters.
What do analysts expect for CIEN?
19 analysts cover Ciena Corp (CIEN). The consensus rating is Buy. The average price target is $557.29, in a range of $270.00 to $720.00.
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 August 18, 2026.