Senior Vice President at CIEN Sells 2,044 Shares in Insider Sale

In recent news, the Senior Vice President (SVP) of company $CIEN, Joseph Cumello, divested 2,044 shares of the company on June 27, 2025, amounting to an estimated $166,862. This sell-off represented approximately 4.2% of their shares of this particular class of stock, reducing their overall ownership to 47,198 shares in this class of $CIEN stock.

Over the past six months, $CIEN insiders have actively engaged in trading $CIEN stock on the open market a total of 35 times. Notably, all 35 transactions have been sales, with insiders refraining from any purchase activity during this period.

Among the key insider sell-offs within the organization include Gary B Smith, President and CEO, who executed 15 sell transactions, offloading a total of 81,600 shares, amounting to a significant sum of $6,355,182. Jason Phipps, Senior Vice President (SVP) of Global Sales and Marketing, made two sell transactions, relinquishing 24,536 shares valued at $1,609,068. Further transactions involved Bruce L. Claflin, David M Rothenstein, Sheela Kosaraju, Dino Diperna, Joseph Cumello, and Brodie Gage, all part of the inner leadership circle of $CIEN.

$CIEN also saw hedge fund activity with 285 institutional investors adding shares of $CIEN stock to their portfolios and 301 decreasing their positions in the most recent quarter. Major movements included Price T Rowe Associates Inc /MD/ eliminating 3,456,204 shares, a percentage of 74.7%, from their investment portfolio in Q1 2025. Meanwhile, William Blair Investment Management, LLC added a substantial 2,005,631 shares to their holdings during the same period.

Furthermore, analysts have provided insights into $CIEN, with three firms issuing buy ratings on the stock in recent months. Among these reports, B. Riley endorsed a “Buy” rating on June 6, 2025, while Citigroup and Barclays also supported the stock with positive ratings and outlooks in April and March of the same year, respectively.

In terms of price forecasts, analysts have projected a median target price of $90.0 for $CIEN, with varying targets from different analysts. Tim Savageaux from Northland Securities set a target price of $85.0, Needham’s analyst positioned the target at $90.0, and Tim Long from Barclays projected a $100.0 target price, signifying differing but relatively positive expectations for the stock.

It’s essential to note that all information provided in this article is for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their research and due diligence before making any investment decisions in $CIEN or any other security.