Ciena Shares Reach New Peak Amid AI Optimism and Insider Sales

Ciena Corporation’s stock is trading at an all-time high, fueled by investor enthusiasm over its potential role in the artificial intelligence infrastructure boom. However, this bullish narrative is encountering a headwind as company executives have recently been significant sellers of their personal holdings, presenting a classic dilemma for the market.

This week, regulatory filings revealed that a Senior Vice President and the company’s General Counsel collectively sold over 13,000 of their personally owned shares. The transactions occurred at prices ranging from $229 to $241 per share. While these sales were predominantly executed under pre-arranged 10b5-1 trading plans, their timing and scale have introduced a note of technical resistance and prompted scrutiny Read more...