PRESIDENT, CEO of CIENA CORPORATION (CIEN) Gary B Smith sells 4,800 shares of CIEN on 02/10/2012 at an average price of $16.38 a share.

Ciena Corp. has a market cap of $1.58 billion; its shares were traded at around $16.92 with and P/S ratio of 0.9.

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 4,800 shares of CIEN stock on 01/27/2012 at the average price of 15.01. Gary B Smith owns at least 456,924 shares after this. The price of the stock has increased by 12.72% since.
• PRESIDENT, CEO Gary B Smith sold 19,200 shares of CIEN stock on 01/11/2012 at the average price of 14.13. Gary B Smith owns at least 461,724 shares after this. The price of the stock has increased by 19.75% since.
• 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 49.07% 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 28.08% 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 22.43% 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 49.07% 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 52.85% 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:

• VP, CONTROLLER Andrew C Petrik sold 17,500 shares of CIEN stock on 01/18/2012 at the average price of 15. Andrew C Petrik owns at least 30,985 shares after this. The price of the stock has increased by 12.8% since.
• Sr VP Chief Technology Officer Stephen B Alexander sold 3,500 shares of CIEN stock on 01/17/2012 at the average price of 14.63. Stephen B Alexander owns at least 227,626 shares after this. The price of the stock has increased by 15.65% since.
• SR. VP, Chief Strategy Officer James Frodsham sold 3,000 shares of CIEN stock on 01/11/2012 at the average price of 13.87. James Frodsham owns at least 182,285 shares after this. The price of the stock has increased by 21.99% since.
• 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 40.88% 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 49.07% 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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