Patrick H. Nettles, Director at CIENA CORP (CIEN), sold 30,000 shares at $39.98 ($1.2M) on 2019-03-06, disclosed to the SEC on 2019-03-07.
Seasonal sale ($1.2M) by Director — this insider has traded CIEN in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $39.98 | 5,000 | $200K | 16.7% |
| 2 | $39.98 | 5,000 | $200K | 16.7% |
| 3 | $39.98 | 10,000 | $400K | 33.3% |
| 4 | $39.98 | 10,000 | $400K | 33.3% |
| Total | $39.98 avg | 30,000 | $1.2M | 100% |
| Filing → |
| CIEN | SELL | 2020-07-21 | $1.1M | — | Filing → |
| CIEN | SELL | 2020-07-14 | $1.1M | — | Filing → |
| CIEN | SELL | 2020-07-13 | $1.1M | — | Filing → |