PRESIDENT, CEO of CIENA CORPORATION (CIEN) Gary B Smith sells 6,200 shares of CIEN on 08/13/2012 at an average price of $17.92 a share.

Ciena Corporation has a market cap of $1.78 billion; its shares were traded at around $16.67 with and P/S ratio of 1.

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 12,400 shares of CIEN stock on 08/02/2012 at the average price of 15.56. Gary B Smith owns at least 369,876 shares after this. The price of the stock has increased by 7.13% since.
• PRESIDENT, CEO Gary B Smith sold 6,200 shares of CIEN stock on 07/06/2012 at the average price of 15.7. Gary B Smith owns at least 382,276 shares after this. The price of the stock has increased by 6.18% since.
• PRESIDENT, CEO Gary B Smith sold 8,021 shares of CIEN stock on 06/21/2012 at the average price of 15.63. Gary B Smith owns at least 388,476 shares after this. The price of the stock has increased by 6.65% since.
• PRESIDENT, CEO Gary B Smith sold 24,800 shares of CIEN stock on 06/19/2012 at the average price of 15.81. Gary B Smith owns at least 396,497 shares after this. The price of the stock has increased by 5.44% since.
• PRESIDENT, CEO Gary B Smith sold 6,200 shares of CIEN stock on 04/24/2012 at the average price of 15.46. Gary B Smith owns at least 421,297 shares after this. The price of the stock has increased by 7.83% since.

CFO Recent Trades:

• SVP Finance, CFO James E Jr Moylan sold 3,592 shares of CIEN stock on 06/21/2012 at the average price of 15.63. James E Jr Moylan owns at least 297,718 shares after this. The price of the stock has increased by 6.65% since.
• SVP Finance, CFO James E Jr Moylan sold 3,894 shares of CIEN stock on 03/21/2012 at the average price of 15.66. James E Jr Moylan owns at least 300,946 shares after this. The price of the stock has increased by 6.45% since.
• SVP Finance, CFO James E Jr Moylan sold 3,530 shares of CIEN stock on 03/21/2012 at the average price of 15.66. James E Jr Moylan owns at least 301,310 shares after this. The price of the stock has increased by 6.45% 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:

• Sr VP Chief Technology Officer Stephen B Alexander sold 3,500 shares of CIEN stock on 07/16/2012 at the average price of 14.14. Stephen B Alexander owns at least 200,194 shares after this. The price of the stock has increased by 17.89% since.
• Sr. VP, Philippe Morin sold 5,779 shares of CIEN stock on 06/21/2012 at the average price of 15.63. Philippe Morin owns at least 212,796 shares after this. The price of the stock has increased by 6.65% since.
• VP, CONTROLLER Andrew C Petrik sold 865 shares of CIEN stock on 06/21/2012 at the average price of 15.63. Andrew C Petrik owns at least 29,183 shares after this. The price of the stock has increased by 6.65% since.
• Sr. VP, General Counsel David M Rothenstein sold 2,900 shares of CIEN stock on 06/21/2012 at the average price of 15.63. David M Rothenstein owns at least 185,844 shares after this. The price of the stock has increased by 6.65% since.
• Sr VP Chief Technology Officer Stephen B Alexander sold 3,227 shares of CIEN stock on 06/21/2012 at the average price of 15.63. Stephen B Alexander owns at least 203,694 shares after this. The price of the stock has increased by 6.65% 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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