PRESIDENT, CEO of CIENA CORPORATION (CIEN) Gary B Smith sells 19,200 shares of CIEN on 01/11/2012 at an average price of $14.13 a share.

Ciena Corp. has a market cap of $1.42 billion; its shares were traded at around $14.6 with and P/S ratio of 0.8.

This is the annual revenues and earnings per share of CIEN over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of CIEN.

CEO Recent Trades:

• PRESIDENT, CEO Gary B Smith sold 39,800 shares of CIEN stock on 12/21/2011 at the average price of 11.35. Gary B Smith owns at least 480,924 shares after this. The price of the stock has increased by 28.63% since.
• PRESIDENT, CEO Gary B Smith sold 4,800 shares of CIEN stock on 11/17/2011 at the average price of 13.21. Gary B Smith owns at least 425,194 shares after this. The price of the stock has increased by 10.52% since.
• PRESIDENT, CEO Gary B Smith sold 19,200 shares of CIEN stock on 11/03/2011 at the average price of 13.82. Gary B Smith owns at least 429,994 shares after this. The price of the stock has increased by 5.64% since.
• PRESIDENT, CEO Gary B Smith sold 30,230 shares of CIEN stock on 09/22/2011 at the average price of 11.07. Gary B Smith owns at least 449,194 shares after this. The price of the stock has increased by 31.89% since.
• PRESIDENT, CEO Gary B Smith sold 14,400 shares of CIEN stock on 09/13/2011 at the average price of 13.03. Gary B Smith owns at least 479,424 shares after this. The price of the stock has increased by 12.05% since.

CFO Recent Trades:

• SVP Finance, CFO James E Jr Moylan sold 11,880 shares of CIEN stock on 12/21/2011 at the average price of 11.35. James E Jr Moylan owns at least 304,840 shares after this. The price of the stock has increased by 28.63% since.
• SVP Finance, CFO James E Jr Moylan sold 13,343 shares of CIEN stock on 09/22/2011 at the average price of 11.07. James E Jr Moylan owns at least 274,950 shares after this. The price of the stock has increased by 31.89% since.

This is the insider trade history vs. stock price of CIEN. For the complete insider trading history of CIEN, click here.

Directors and Officers Recent Trades:

• Senior Vice President Francois Locoh-donou sold 4,000 shares of CIEN stock on 12/28/2011 at the average price of 12.01. Francois Locoh-donou owns at least 202,664 shares after this. The price of the stock has increased by 21.57% since.
• Sr. VP, Philippe Morin sold 4,673 shares of CIEN stock on 12/21/2011 at the average price of 11.35. Philippe Morin owns at least 231,855 shares after this. The price of the stock has increased by 28.63% since.
• Senior Vice President Francois Locoh-donou sold 4,419 shares of CIEN stock on 12/21/2011 at the average price of 11.35. Francois Locoh-donou owns at least 206,664 shares after this. The price of the stock has increased by 28.63% since.
• Sr VP Chief Technology Officer Stephen B Alexander sold 21,812 shares of CIEN stock on 12/21/2011 at the average price of 11.35. Stephen B Alexander owns at least 231,126 shares after this. The price of the stock has increased by 28.63% since.
• Sr. VP, General Counsel David M Rothenstein sold 4,889 shares of CIEN stock on 12/21/2011 at the average price of 11.35. David M Rothenstein owns at least 194,658 shares after this. The price of the stock has increased by 28.63% since.

For the complete insider trading history of CIEN, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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